Health Reform Subsidy Calculator

[Colorado Newbie]

If this calculator is in fact correct it should help with putting all of this in perspective.

Health Reform Subsidy Calculator -- Premium Assistance for Coverage in Exchanges/Gateways

 

[bill3173]

If this calculator is in fact correct it should help with putting all of this in perspective.

Health Reform Subsidy Calculator -- Premium Assistance for Coverage in Exchanges/Gateways

If this calculator is correct, it's exactly what I expected based on what I've read and heard. No free lunch for the middle class.

The health carriers can compete for the business of those not qualifying for a subsidy.

 

[sunmed]

I'm here in Florida, 39 male, healthy with income over 100k. My premium would be $3500 year. Now, I'm with the Blue's, 5k HSA and $0 coinsurance for $120 per month or $1440 per year. Thanks, Obummer

 

[dgoldenz]

I'm here in Florida, 39 male, healthy with income over 100k. My premium would be $3500 year. Now, I'm with the Blue's, 5k HSA and $0 coinsurance for $120 per month or $1440 per year. Thanks, Obummer

I'm currently with Humana HSA w/ $3500 deductible for $95/month. Projected premium $2637/year, which is $219.75/month, or an increase of about 140%. No subsidy for me since I'm "rich"

I can only imagine being a family making $100k looking at an annual premium of $1,280/month with no subsidy when they might be paying $400/month now. Jesus.

 

[Paradigm]

This is why in addition to the plans that are at this level in the exchange there will also be plans outside the exchange.

 

[CHUMPS FROM OXFORD]

And that's the market I'm interested in.

 

[sunmed]

My concern is the "Medical Loss Ratio" that is part of the reconciliation bill, which will be implemented in 2011. From what I see, 80 cents on every premium dollar must be paid in claims. Anything less than that will be refunded to the policy holders. The average "MLR" for IHP is 74%. It seems that our commissions will def. be hit. However, with the anticipated rate increase, we will be selling larger annual premium policies and will probably see more clients and no declines or riders. Hopefully, that will make up the difference in a commission cut. Also, we should start cross selling critical care, accident riders and life insurance. I guess we will have to wait and see how this unfolds. It doesn't seem, so far, that we will be working for peanuts. We shall see