Obamacare plans put big dent in customers' wallets

GunRanger

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new study reveals that many Obamacare customers pay more than 10 percent of their incomes toward coverage. And the share of income eaten up can be much greater for some people, particularly if they use a lot of health services under their plan.

One in 10 Obamacare customers who earn between just two and five times the federal poverty level will have coverage costs that exceed 21 percent of their incomes, an analysis by the Robert Wood Johnson Foundation and the Urban Institute found.

And the median Obamacare customer who earns in that range spends more than 10 percent of their income on monthly premiums and out-of-pocket health expenses, the analysis found.

"Many who have modest incomes have high financial burdens even with average medical expenses," the report said. "For those at the top of the [health] spending distribution, financial burdens are very high."

"You start to get hit pretty hard," said John Holahan, an Urban Institute fellow, and co-author of the report.



Obamacare plans put big dent in customers' wallets
 

88m3

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Obamacare isn't a good system.

the alternative is tax hikes

:yeshrug:

I also wonder if expanding the threshold of Medicaid** wouldn't help maybe cap it at 25 or 30k a yr.

Also

"The Patient Protection and Affordable Care Act significantly expanded both eligibility for and federal funding of Medicaid. Under the law as written, all U.S. citizens and legal residents with income up to 133% of the poverty line, including adults without dependent children, would qualify for coverage in any state that participated in the Medicaid program. However, theUnited States Supreme Court ruled in National Federation of Independent Business v. Sebelius that states do not have to agree to this expansion in order to continue to receive previously established levels of Medicaid funding, and many states have chosen to continue with pre-ACA funding levels and eligibility standards".
 
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Brosef

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I have one question: do the absolute poorest people in America now have better access to health care as a result of obamacare?
 

Tate

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the alternative is tax hikes

:yeshrug:

I also wonder if expanding the threshold of Medicaid** wouldn't help maybe cap it at 25 or 30k a yr.

Also

"The Patient Protection and Affordable Care Act significantly expanded both eligibility for and federal funding of Medicaid. Under the law as written, all U.S. citizens and legal residents with income up to 133% of the poverty line, including adults without dependent children, would qualify for coverage in any state that participated in the Medicaid program. However, theUnited States Supreme Court ruled in National Federation of Independent Business v. Sebelius that states do not have to agree to this expansion in order to continue to receive previously established levels of Medicaid funding, and many states have chosen to continue with pre-ACA funding levels and eligibility standards".

Expanding Medicaid is the best part about Obamacare. Almost makes you think covering everyone under a state ran system would be a far better system than our current or previous ones.

Tax hikes are needed
 

No1

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Which is why we shouldn't rely on them to do so
Political decisions are based on what is feasible, not what we want. Now what is feasible can be changed, but it requires a sustained effort. Where is the public fight for universal healthcare? There needs to be one, but it won't happen any time soon. No politician is going to waste the political capital on it.
 

Tate

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Political decisions are based on what is feasible, not what we want. Now what is feasible can be changed, but it requires a sustained effort. Where is the public fight for universal healthcare? There needs to be one, but it won't happen any time soon. No politician is going to waste the political capital on it.

It's the cornerstone of Sander's campaign. And the only thing that made it an impossibility in 09 was our incredibly undemocratic political process.
 

No1

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It's the cornerstone of Sander's campaign. And the only thing that made it an impossibility in 09 was our incredibly undemocratic political process.
Sanders economic stances are more the driver than his talks about universal healthcare. His talk about making college affordable, reigning in Wall Street, etc. are the main points bringing people in. Healthcare is not the main issue despite his support for it. The thing is, all the same factors that made it impossible in 09, are there right now. Scratch that--they're worse. Sanders would walk in with a Republican House of Representatives and a Democratic Senate--many of whom are owned by lobbyists from the health insurance industry. We're 5 to 7 years away from universal health care being feasible. I say that as that is the time table in which the districts will be redrawn.
 
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