Explain that to millions of American FAMILIES making more than $40k, because those are the people that have to pay for you idiotic "Affordable" Care Act.
@superdave I believe I asked you this about 10 years ago, but you refused to answer.... is a family of 4 making $100k middle class?
Does it matter? Okay, 2 parents, each making $50K. 2 kids, a boy and a girl, a dog and a cat and 2 goldfish. Are they middle class?
Perhaps I had friends serve and die in Iraq. Perhaps I think killing 1 million Iraqis was bad policy. Sorry if it offended the sensitivities of some American soccer fans. https://www.healthinsurance.org/obamacare/subsidy-calculator/ You can fiddle with the numbers all you want. The subsidy for a family of four making $50k in Columbus, OH, is $3,989. For a family making $66k, it's $5,000. At $75k the subsidy is $3,600. Even at $97,000, the subsidy is $1,400. You're staying at the Biltmore for Christmas. Stop telling me who is and is not middle class.
What is the subsidy for a family of 4 making 97,201? And what might their premiums be for a silver plan? And does the ACA save them $2500 a year?
As I literally just said, the subsidy for a family of four is $1,400. And you can - as I have posted repeatedly - calculate all of this online yourself. Here's the Kaiser Foundation. http://kff.org/interactive/subsidy-calculator/ The subsidy will lower their health care costs from $9,500 to $8,100 with the subsidy if they are a family of 4 making $100,000. And you can calculate the tax penalty here. http://www.taxpolicycenter.org/interactive-tools/aca-tax-calculator
Yeah, it does. Day care costs a lot. Time is money, which is scarce in a household with two working parents or single-parent scenario. There aren't many jobs that pay an individual $97,210/yr. Sweet job and increased social standing come with that. Probably easier for that person to find employment elsewhere too. In a two-parent situation, the other spouse can take care of the kids instead of paying others to do so. That family is wealthy in my view, and not middle class. I'd put the working-parents family at the top of middle class. Also, it depends on cost of living. That income in San Fran doesn't go nearly as far as it would in, say, Nebraska.
Your calculator says no subsidy for 4x the poverty level and a premium of $22,544 per year for a silver plan. Thanks for the affordable health insurance I can't use.
What's the poverty level you are putting in, how many people in your family (general ages), and what was your general income range? I'm not openly saying you didn't put any of the info in, but if you give me the info and I get a different number, something tells me you're gonna stop posting for a while.
I just put your information in for the swankiest zip code in NYC, and couldn't get anywhere close to that number. So I tried Los Angeles. Put in a family of four where everyone is 64 years old and everyone uses tobacco. Got $34k per year if the family refused the subsidy. So I concede. If you have a four-person family that solely consists of sexuagenarian smokers, none of whom are old enough for Medicare, AND they all combine to bring in less than $100,000, AND they refuse the $23,000 the federal government offers in subsidies, then Obamacare is really expensive. Short of that, well, uh... you're full of shit.
I put in my personal data stats... 2 people @ 55, 2 college kids @ 24 and 22. Use a suburban Atlanta zip code. Here is a direct cut'n paste from the results: Estimated financial help: $0 per month ($0 per year) as a premium tax credit. This covers 0% of the monthly costs. Your cost for a silver plan: $1,879 per month ($22,544 per year) in premiums (which equals 23.12% of your household income). The most you have to pay for a silver plan: No maximum Without financial help, your silver plan would cost: $1,879 per month ($22,544 per year) I must be embarrassing for you to be so stupid, but apparently not.
This reminds me of they time last year when you called me a liar for noting a friend on the exchange had her premium jump to over $1,600 a month and she had to quit working to afford her insurance. You later had to aknowledge I was correct. Great plan you got there Brummie.
I used Emory's zip code, which is apparently really well off. Put in 97,200 per year in income. Put in your details. If you'd like to try again?
I acknowledged she was correct if she didn't shop around for other plans. I even found her a better plan and told you to give her that information. You told me you would not. I think Knave found her another plan that was cheaper as well.
Again, I said $97,500 because I wanted to see what the cost was without the subsidy. Use a Cobb county zip code... say 30062 and then tell me I am lying.
With $97,500, you are at above 400% of poverty. Below that, at $97,200, the costs go waaay down. Which comes back to my original point. At $97,500 and above, you are no longer in the middle class. Also, I have no sympathy for you because you've got two kids in college. You believe in personal responsibility. Kick them off your health insurance and have them find their way in the world. Doing so helps you out tremendously. And at $97,500 you still save a ton. And if your child's university is like my university, they can get a children's health plan for about $2,500 a year or less. In short: there are dozens of ways to cut costs. Not my fault you don't take advantage of them.
Actually insurance companies are not into the repeal and delay part, they want to see the replacement first.
ok, can you run this by me one more time, I don't seem to understand what this is trying to say. I think that the second 100K most be wrong, is it supposed to be 50K?