Obama¢are – bronze, $ilver, or gold?
First, I cite my source:
Why Connecticut? Cuz it came up first on Google.
Case Study #1
I choose a 21-year-old on the bronze plan, since this is the sort of person Obamacare must attract by the millions: healthy young people putting into the kitty, but rarely, if ever, using medical care.
Yearly premium = $2,436
Deductible = $3,250
max out-of-pocket = $6,250
Can you imagine being 21, having to pay more than 2 thousand dollars in premiums, and be told that the first 3 grand of your medical bills is not covered? After that, the policy only covers 60%. The insurance does not full kick in for 100% of expenses until you have paid out 6 grand?
So, this youngster with a bronze plan can pay out:
total = $2,436 + $6250 = $8,686.
And this is per year.
Case Study #2
This time, a 64-year-old on the family plan with a gold policy.
Yearly premium = $10,728
Deductible = $2,000
max out-of-pocket = $6,000
total expense per year = $6,000 + $10,728 = $16,728.
Note well: people are saying well, this is not that bad, because I even get a subsidy since I am low-income. This applies to the premiums only, not the out-of-pocket expenses. If you do end up with an Obamacare health insurance policy, you had better pray that you will need to use it.