Savannahmann (1,751 posts)
83. You asked for it.
Here you go.
Because your income is more than 4 times the poverty level, you would not qualify for subsidized exchange coverage. The information below is about unsubsidized exchange coverage.
Household income in 2014: 407% of poverty levelUnsubsidized annual health insurance premium in 2014:$10,151
In most states, insurers can charge a tobacco surcharge of up to 50% of your total premium before the tax credit.
The tax credit cannot be applied to the tobacco surcharge. Maximum % of income you have to pay for the non-tobacco premium, if eligible for a subsidy:None
(before accounting for a tobacco surcharge, if applicable) Amount you pay for the premium:$10,151 per year
(which equals 16.06% of your household income and covers 100% of the overall premium) You could receive a government tax credit subsidy of up to:$0
(which covers 0% of the overall premium)
Already that is more than was being paid. Prior to the Tobacco surcharge I might add. For two adults, one smoker, in Bullock County Georgia, with 63,200 in income. So the silver plan is 16% of the annual income. That leaves $53,000 for housing, food, and oh yes, copays which are not covered in this calculator. Figure they'll run about another $2,500 which gets down to 50k. But let's not forget taxes, auto, home, and you guessed it, income. So when the person in this example gets done, they'll be paying more, I know, and getting less, I know again, but thankfully the 63 year old woman has maternity coverage. Because pregnancy at that age is really trying
. Good news, we'll now have in and outpatient mental health coverage, bad news, we'll probably need it from the stress of paying more than twenty percent of our income for health insurance.
Previously we were paying much less, with lower copays, and with lower deductables. But as was pointed out, we don't matter. So fuck us