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Thursday, September 5, 2013

Obamacare Exchange Premiums Overview for a Family of Four and the Walker Scare Tactic Campaign.

Here's a quick look at a general calculation of premium payments per income under the Affordable Care Act's exchanges (Marketplaces). The real numbers might be even better. You can plug in your own income numbers at the Kaiser Calculator as well.

All numbers are base on the middle "Silver" plan, One year premium of $9,869.00, Family of 4 (kids under 20):

Income $30,000
What you pay=$600
Tax Credit Subsidy=$9,269

Income $40,000
What you pay=$1,985
Tax Credit Subsidy=$7,904

Income $50,000
What you pay=$3,365
Tax Credit Subsidy=$6,504

Income $60,000
What you pay=$4013
Tax Credit Subsidy=$4956

Income $70,000
What you pay=$6,594
Tax Credit Subsidy=$3,275

The Walker Authority is now attempting to scare people about their premiums.

The Reveal: Something else is going on here. Walker turned down Medicaid expansion because, well who knows, the government might not keep their promise  to pay. Well, this time OCI Secretary Dan Schwartzer said the high estimates might be more realistic if the government dramatically lowers all the premium tax credit subsidies. Shear lunacy, or does Walker anticipate some future Republican majority killing the subsidy?  From WKOW's Greg Neumann:



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