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



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