Strictly Street Posted November 4, 2013 Report Share Posted November 4, 2013 (edited) Hey look, Ohio is an Obamacare Winner!!!http://www.forbes.com/sites/theapothecary/2013/11/04/49-state-analysis-obamacare-to-increase-individual-market-premiums-by-avg-of-41-subsidies-flow-to-elderly/?partner=yahootix From the same article:Obamacare’s supporters argue that these rate increases aren’t important, because many people will be protected from them by federal subsidies. Those subsidies aren’t free—they’re paid for by taxpayers–and so it is irresponsible for people to argue that subsidies somehow make irrelevant the underlying cost of health insurance. Nonetheless, it’s important to understand the impact of subsidies on Obamacare’s exchanges; later in September, we released a second iteration of the map to do just that. Any comment on the recent revelation that you can only get the subsidies by buying from the higher priced "exchanges".That buying coverage directly from a carrier directly makes you exempt from the subsidies?Yes this is a breaking story but it will also go hand in hand with how they are going to apply the subsidies.It is starting to look like you can only get the subsidies if you buy from the government store.Not taking away from you trying to find a bright spot in all this but the subsidies play a large role in what "is" the cost. A little background, dated but relevant:http://www.sibson.com/publications/perspectives/Volume_21_Issue_1/private-health-insurance-exchange.html Keeping in mind that the Obamacare architect, Ezekial Emanuael has been quoted as saying that the individual market is going away and we are all going to single payer or government run insurance. From that point of view Obamacare is supposed to be a flop so we can move on to more hope and change with the feds taking over 20% of the USA economy. Of course that's just one point of view. not mine but Ezekial Emanuael's Edited November 4, 2013 by Strictly Street Quote Link to comment Share on other sites More sharing options...
magley64 Posted November 4, 2013 Report Share Posted November 4, 2013 (edited) That is why ohio should have their own "store"... Get off your ass kasich... also, i just did the math. the individual mandate tax penalty is going to cost me $322.50 this year, and insurance through my work would cost me ~$1400 Edited November 4, 2013 by magley64 Quote Link to comment Share on other sites More sharing options...
Tonik Posted November 4, 2013 Author Report Share Posted November 4, 2013 That is why ohio should have their own "store"... Get off your ass kasich... also, i just did the math. the individual mandate tax penalty is going to cost me $322.50 this year, and insurance through my work would cost me ~$1400 No. It is not Kasich's job to do Obama's job. Quote Link to comment Share on other sites More sharing options...
magley64 Posted November 4, 2013 Report Share Posted November 4, 2013 (edited) But he'll take free federal money to expand medicaid? Nice of him to leave his constituents in middle class situations to fend for themselves against dozens of other states... not that it matters to me personally. My employer offers coverage that qualifies (and that i'll be declining), so I can't use the exchange anyway. Edited November 4, 2013 by magley64 Quote Link to comment Share on other sites More sharing options...
Tonik Posted November 5, 2013 Author Report Share Posted November 5, 2013 But he'll take free federal money to expand medicaid? Nice of him to leave his constituents in middle class situations to fend for themselves against dozens of other states... not that it matters to me personally. My employer offers coverage that qualifies (and that i'll be declining), so I can't use the exchange anyway. WTF is this free money you are talking about? It's our money FFS, we send it to DC every April 15th. You of all people should be happy that Kasich is getting some if it back to help people that need help. And again, it is not Kasich's fault that the federal exchange is steaming pile of poo. That is on his O'ness, 100 percent. If he couldn't handle the job he shouldn't have taken it on. Quote Link to comment Share on other sites More sharing options...
jbot Posted November 5, 2013 Report Share Posted November 5, 2013 you don't understand... he's REALLY bad at math. Quote Link to comment Share on other sites More sharing options...
Strictly Street Posted November 8, 2013 Report Share Posted November 8, 2013 Hey look, Ohio is an Obamacare Winner!!!http://www.forbes.com/sites/theapothecary/2013/11/04/49-state-analysis-obamacare-to-increase-individual-market-premiums-by-avg-of-41-subsidies-flow-to-elderly/?partner=yahootix For every story that is pro Obamacare there seems to exist one that is anti Obamacare. The sheer number of both proves to me that nobody still knows all the problems with this law. There are many problems it would seem. Obamacare will dramatically increase health insurance premiums throughout Ohio for young and middle-aged men and women alike, based on the most accurate policy data available from the U.S. Department of Health and Human Services (HHS).Obamacare premium estimates are not readily available for all ages, but figures HHS has released indicate that Ohioans in their 20s, 30s, 40s, and 50s in every county should expect to pay steep costs for President Obama's signature legislative achievement.A Media Trackers comparison of Obamacare "Gold" plans from HHS and existing policies with similar deductibles listed at eHealth found that:Obamacare plans for 27-year-old female nonsmokers will cost at least $100 per month -- or $1,200 per year -- more than pre-Obamacare health insurance policies in 72 of Ohio's 88 counties.Obamacare premiums for 27-year-old male nonsmokers will be at least $100 per month more expensive than pre-Obamacare premiums in 85 of 88 counties -- and at least $200 more per month in 15 counties.Compared to pre-Obamacare policies for 50-year-old female nonsmokers, Obamacare plans will cost at least $1,000 more per year in all 88 counties, at least $2,000 more per year in 54 counties, and at least $3,000 more per year in 16 counties.Obamacare premiums for 50-year-old male nonsmokers will cost at least $100 more per month than current policies in all 88 counties, at least $200 more per month in 61 counties, and at least $300 more per month in 14 counties.Statewide annual estimates weighted using county populations from the 2010 Census are shown in the following table.Obamacare Bronze plans are the cheapest policies for individuals over the age of 30, except in cases of financial hardship; Catastrophic plans are available to those 30 and under. Most Bronze and Catastrophic plans have annual deductibles at least three times greater than the policies quoted from eHealth for this analysis. Demographic Ohio % Change, Obamacare Catastrophic/Bronze Plan Ohio $ Change, Obamacare Catastrophic/Bronze Plan Ohio % Change, Obamacare Gold Plan Ohio $ Change, Obamacare Gold Plan Women, Age 27 -2% -$49 84% $1,364 Men, Age 27 37% $421 160% $1,834 Women, Age 50 19% $553 66% $2,017 Men, Age 50 39% $1,001 94% $2,466 Because Obamacare is a redistributive system by design, proponents counter concerns about premiums by pointing to the federal subsidies some Ohioans will receive. A Kaiser Family Foundation study released November 5 estimated that 554,000 Ohioans will qualify for Obamacare subsidies.For those eligible for the law's entitlement benefits, a portion of Obamacare's astronomical premiums will be borne by taxpayers -- many of whom will also be paying higher costs for their own insurance as a result of the Democrats' latest socialized medicine program.While Kaiser estimates 812,000 Ohioans will purchase insurance through the Obamacare exchange, dozens of employers across the state have already announced layoffs or cuts from full- to part-time status in order to avoid Obamacare's employer mandate.Combined with the implosion of President Obama's vow that "if you like your plan, you can keep it," this means more Ohioans than expected may be pushed into Ohio's federally-run Obamacare "marketplace."The following maps demonstrate exactly how severe and far-reaching Obamacare's premium increases will be for Ohioans in a range of demographic groups. Click each map for further Media Trackers analysis. As more facts become available to taxpayers, it may turn out that the technological disaster of the Obamacare exchanges at HealthCare.gov is one of the more successful aspects of the 2010 health law.This story was originally published at Media Trackers. Quote Link to comment Share on other sites More sharing options...
Connie14 Posted November 8, 2013 Report Share Posted November 8, 2013 Obviously your facts are all wrong. We are going to save $2500.00 per year. Quote Link to comment Share on other sites More sharing options...
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