According to the KFF subsidy calculator, a 60-year-old with a $100,000 income, has to pay a premium (net of subsidy) of $708 a month or $8496 a year. The annual out-of-pocket exposure is $9,450.
If the individual has costly health problems, he will have to pay $17,946 before the health plan begins paying all other expenses. If his illness is chronic, he must bear this expense every year.
If the individual goes out-of-network, because the plan doesn’t cover the specialty care he needs, the plan pays nothing.
All figures are national averages.
What’s the direct federal & state tax burden on a $100,000 gross annual income? If it’s say, 20% then the lucky taxpayer must gross $10,620 to have $8,496 after taxes to pay for Obamacare. The Affordable Care Act, I mean.
Blue Cross is charging a 60-year-old in the Utah 84101 zip code $745/month with a credit of $223/month which drops the Blue Cross (EPO – that means if you go out of network to a good hospital you get NOTHING!) with a $9,450/deductible in 2024. In Contrast, Allstate’s low-premium and super high-quality STM cost is $2,005/year or $167/month with a similar $10,000 deductible! If the consumer wants a lower deductible, say a $5,000 that pays 100% thereafter the premium is $2,995/year or just $249/month. PLUS, Allstate’s coverage is vastly superior and may be used at all 3 of the MAYO Clinics in America and MD Anderson Cancer Hospital which Chip Roy says is the BEST cancer hospital in the world!
Utah is Allstate’s cheapest state. I looked because [overpaid] Chip Roy’s Chief of Staff Sabrina went to school at the University of Utah. She was 3 went I enrolled the 1st tax-free HSA in 1996. The University is spending over $30,000 a year for family employee health insurance in 2024!! It jumped just over $400 a month on 1/1/2024. I showed OVERPAYED Sabrina that a 30-year-old couple and a child could get HIGH-QUALITY Allstate insurance for just $1,272year or just $106/month in Utah!
A child on Obamacare is $197/month with a Dangerous Blue Cross EPO that pays NOTHING out of network with a $9,450 deductible. Allstate’s much [[better coverage]] is $440/year or just $36/month! The smallest Obamacare deductible is $8,700 with Blue Cross for a child and the premium is $315/month! Allstate’s $5,000 deductible is $655/year or just $54/month. Heck, Allstate has a $2,500 deductible that pays 100% for $982/month or $81/month!
With Allstate, a single-parent Mom can get Blue Cross with a large $8,700 deductible paying through the nose at $315/month for a DANGEROUS and DEADLY Hillary-Style HMO, or DROP her deductible to just $2,500, which is $6,200 smaller deductible and her premium plummets, nosedives to $81/month! She saves $234/month, has superior coverage if her rug rat gets cancer and her deductible is CHEAPER than any Obamacare Plan.
I am much smarter than the lying PROPAGANDA for Kaiser! Unless you disagree of course!
America’s 1st tax-free HSA enrolled at Save101.com
I have a 2 PM meeting today to put Save101.com back on the internet; Are you ready World?
Ridiculous Costs, Mind-Boggling Waste: Time for Bold Healthcare Reform
The current state of healthcare in America is nothing short of insane. Insurance has ballooned in price, with even someone earning $100,000 qualifying for $3,648 in tax credits. Why would any employer bother offering insurance when the federal government ends up bearing most of the cost? This system is riddled with waste, and our politicians and their advisors seem content to fiddle while Rome burns.
Trillions at Stake: We Need Action, Not Rhetoric
Our national debt skyrockets, with interest reaching a staggering $780 billion annually. Despite record tax revenue, we still face a $2 trillion deficit. Cutting taxes is clearly not the answer. We need radical reform, not band-aid solutions.
Time to Ditch the Disjointed Mess: A Unified System with Age-Based Credits
Instead of a hodgepodge of Obamacare, Medicare, Medicaid, and employer-based insurance, let’s move to a unified system with age-based tax credits. This would provide everyone with access to quality healthcare, regardless of employment or income.
https://www.einnews.com/pr_news/635468843/the-msa-in-medicare-the-blueprint-for-bipartisan-national-health-care-reform
Raising the Retirement Age Won’t Save Social Security: We Need Personal Accounts
Miss Nikki Haley’s suggestion to raise the Social Security retirement age is a dead end. This “Ponzi scheme,” needs real solutions, not just kicking the can down the road. The current age-based system discriminates against minorities and low-income earners with shorter lifespans. We need personal savings accounts that empower individuals to take control of their retirement, regardless of how long they live.
No More Excuses: Let’s Fix Healthcare for All Americans
The current system is unsustainable and unfair. It’s time we stop debating and start acting. We need bold reform that guarantees healthcare for all, tackles our debt, and empowers individuals to secure their future. This isn’t just about numbers on a spreadsheet; it’s about the health and well-being of millions of Americans. Let’s demand a future where healthcare is a right, not a privilege.
Ridiculous Costs, Mind-Boggling Waste: Time for Bold Healthcare Reform
The current state of healthcare in America is nothing short of insane. Insurance has ballooned in price, with even someone earning $100,000 qualifying for tax credits. Why would any employer bother offering insurance when the federal government ends up bearing most of the cost? This system is riddled with waste, and our politicians and their advisors seem content to fiddle while Rome burns.
Trillions at Stake: We Need Action, Not Rhetoric
Our national debt skyrockets, with interest reaching a staggering $780 billion annually. Despite record tax revenue, we still face a $2 trillion deficit. Cutting taxes is clearly not the answer. We need radical reform, not band-aid solutions.
Time to Ditch the Disjointed Mess: A Unified System with Age-Based Credits
Instead of a hodgepodge of Obamacare, Medicare, Medicaid, and employer-based insurance, let’s move to a unified system with age-based tax credits. This would provide everyone with access to quality healthcare, regardless of employment or income.
Raising the Retirement Age Won’t Save Social Security: We Need Personal Accounts
Miss Nikki Haley’s suggestion to raise the Social Security retirement age is a dead end. This “Ponzi scheme,”, needs real solutions, not just kicking the can down the road. The current age-based system discriminates against minorities and low-income earners with shorter lifespans. We need personal savings accounts that empower individuals to take control of their retirement, regardless of how long they live.
No More Excuses: Let’s Fix Healthcare for All Americans
The current system is unsustainable and unfair. It’s time we stop debating and start acting. We need bold reform that guarantees healthcare for all, tackles our debt, and empowers individuals to secure their future. This isn’t just about numbers on a spreadsheet; it’s about the health and well-being of millions of Americans. Let’s demand a future where healthcare is a right, not a privilege.
“We need action, not rhetoric.” –Then continues with seven more paragraphs of pure rhetoric.
“…Miss Nikki Haley” –I believe it’s “Mrs.” Is it child or “past her prime?” People need to get their ad-hominem attacks straight. Whenever I see personal insults used in an argument, I tend to discount whatever follows.
“We need to move to a unified system with age-based credits” –I would rather fix the problems that exist than place everyone at risk for an unanticipated disaster. People have different needs, and a single unified system may not work to everyone’s satisfaction.
“We need personal savings accounts that empower individuals” –We have the IRA, Roth, 401-k, and Roth 401-k. Proposals such as “opt-out” that worsen the current Social Security crisis will never fly. At least raising the retirement age tends to narrow the scope of Social Security, as opposed to raising tax rates. Haley also wants to change the COLA formula, which has the same effect. Both combined are insufficient, of course, but it’s more than anyone else has proposed.
Several notes on this important topic:
1. It used to be that a 60 year old with a high income was invariably an employee of a large corporation, and got health insurance for a pittance. Not the same today, I suspect.
2. Before Obamacare, many 60 year olds had a health condition that could get them declined for insurance. We now have guaranteed issue, but the insurers hate this and have priced their products accordingly.
Note to Ron: I am not sure that too many 60 year olds could pass the stringent health requirements for STM coverage. I have read these applications…….plus, some carriers do retrospective underwriting at the time of claim, just in case they “missed something.”