General Discussion

spinbaby

(15,387 posts)

74. About $8800 for us

Sat Oct 5, 2013, 09:48 AM

Oct 2013

If we didn't have insurance through work, my husband and I would pay about $8800 for health insurance on the exchanges. Our rates are high because we're high income and in our early 60s. That $8800 is a lot, but is still a LOT LESS than we'd have paid for insurance on the open market before ACA. The ACA may make it possible for us to retire before we reach Medicare age and that is a gift to us.

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The individual mandate�s penalty costs more than you think [View all] dkf Oct 2013 OP

If you've got $76,000 in taxable income Lex Oct 2013 #1

+1000 Avalux Oct 2013 #2

Anyone making $80,000 yr has employer healthcare or can easily afford to pay the penalty. JaneyVee Oct 2013 #86

Maybe you overbought your housing? Credit cards up to here? 2 car payments? dkf Oct 2013 #3

There are also exemptions for things like you describe Egnever Oct 2013 #5

Well it's all a calculation that is pretty specific and individualized. dkf Oct 2013 #11

You need a CPA to calculate your mortgage interest deduction? jberryhill Oct 2013 #115

dfk is only here to stir the pot. Ikonoklast Oct 2013 #116

Can you explain? Matariki Oct 2013 #22

Heres some Egnever Oct 2013 #33

none of those Niceguy1 Oct 2013 #66

Its easy enough to get a shut off notice. bunnies Oct 2013 #88

time to restructure your debt or something if that is the case Pretzel_Warrior Oct 2013 #8

You are right there will be some significant budget decisions. dkf Oct 2013 #13

agreed. this is also another reason to NOT GIVE IN on Republican demands BECAUSE Pretzel_Warrior Oct 2013 #14

There are a lot of things that could be fixed. If we are really going to demand the damned law stay dkf Oct 2013 #15

what are you talking about? Going forward with implementation does not preclude future changes Pretzel_Warrior Oct 2013 #16

That's the argument that is being made against the republicans. The law is passed, they can't dkf Oct 2013 #20

they aren't trying to improve it--they are trying to get rid of it. the 1 year delay on individual Pretzel_Warrior Oct 2013 #21

The Republicans have had over 2 years to offer meaningful changes Trekologer Oct 2013 #28

Not DU. Dem lawmakers saying why the mandate can't be delayed a year. dkf Oct 2013 #75

Could you provide a cite and a link for that comment by a Dem? notadmblnd Oct 2013 #107

No one is demading the law stay static and unchangeable. n/t Ms. Toad Oct 2013 #69

Yes. And maybe we can eliminate homelessness. AnotherMcIntosh Oct 2013 #30

Then you can't afford any health costs either -- pnwmom Oct 2013 #35

I had the opportunity... awoke_in_2003 Oct 2013 #38

You don't buy a house if you live there Recursion Oct 2013 #46

Average rent, SF, 1 bedroom is about 3,000 a month currently Bluenorthwest Oct 2013 #77

That is more than twice my mortgage... awoke_in_2003 Oct 2013 #78

The rent is too damn high Recursion Oct 2013 #79

Even if I were single I couldn't do it... awoke_in_2003 Oct 2013 #102

Only $76k in SF? Sanddog42 Oct 2013 #60

That has been debunked quakerboy Oct 2013 #67

In SF, 2K is not enough for a 1 BD apt, which averages at 3K currently. Bluenorthwest Oct 2013 #81

Craigslist says I can easily get a rental for 2k quakerboy Oct 2013 #117

Yes it is. JaneyVee Oct 2013 #83

Then you fucked yourself. tabasco Oct 2013 #90

I'm just giving the reasons others give me when I wonder why people can't save for retirement. dkf Oct 2013 #97

so downsize treestar Oct 2013 #94

Well they also put those things ahead of saving for retirement. dkf Oct 2013 #100

A medical issue can happen at anytime treestar Oct 2013 #103

More to the point� regnaD kciN Oct 2013 #9

thanks for your judgmental attitude although you know nothing about those who make liberal_at_heart Oct 2013 #48

It's well above the median household income in every major metropolitan area Recursion Oct 2013 #52

Is that true, Recursion? I'm surprised because you say you and your wife have high end Bluenorthwest Oct 2013 #80

This message was self-deleted by its author Recursion Oct 2013 #84

Recursion Mon Sep 23, 2013. "I live in India. Mumbai, in fact. I'm here for the Government." Bluenorthwest Oct 2013 #92

This message was self-deleted by its author Recursion Oct 2013 #95

Why do you think I'm pissed? I think you should be paid way, way more. Bluenorthwest Oct 2013 #108

This message was self-deleted by its author Recursion Oct 2013 #109

Just to make my apology public Recursion Oct 2013 #114

I know about people who do a lot more with a lot less money Lex Oct 2013 #112

Or you can, y'know, GET INSURANCE... regnaD kciN Oct 2013 #4

Does that work for a family plan? Because most family plans I've seen exceed $506. dkf Oct 2013 #6

At least in my state� regnaD kciN Oct 2013 #12

I have a family of 4 and even with subsidies I will be paying $550/month in premiums. liberal_at_heart Oct 2013 #44

But ONE major illness or injury would cost a lot more than that SoCalDem Oct 2013 #73

"For a while at least". True and telling statement. dkf Oct 2013 #76

As far as the penalty goes, yes. But there is a screw-up regarding the exchanges they should fix Recursion Oct 2013 #47

They need to provide for dependents, but not spouses. dkf Oct 2013 #68

Good point also. nt Lex Oct 2013 #7

i think it's anything exceeding 10% for individual. not sure about family. Pretzel_Warrior Oct 2013 #10

You and I have read up a lot more than the average American and we don't know. dkf Oct 2013 #17

so what else is new? it is hard to navigate pretty much ANYTHING in life if a person isn't Pretzel_Warrior Oct 2013 #18

I can only hope people like you get on here once in a while busterbrown Oct 2013 #51

thank you for your vote of confidence Pretzel_Warrior Oct 2013 #56

From what I have learned from you guys tonight i have already passed along to friends and relatives. busterbrown Oct 2013 #65

Or they can ProSense Oct 2013 #19

Well maybe they should mirror the site so the info can be read. dkf Oct 2013 #70

Consider it a "teaser rate": it will go up and up- kenny blankenship Oct 2013 #23

No politicians who voted for Obamacare should be allowed to own stock in health insurance cos, AnotherMcIntosh Oct 2013 #31

Well, then you know that after 2016, its adjusted based on COLA. phleshdef Oct 2013 #34

So quit freeloading and buy insurance. It's subsidized if you can't afford it. PSPS Oct 2013 #24

It is not subsidized for all... ScreamingMeemie Oct 2013 #25

That's the "Democratic" party these days kenny blankenship Oct 2013 #26

It is subsidized for households up to $92K. That's most households. n/t pnwmom Oct 2013 #37

That is self serving way to say 'households of 4 or more' Bluenorthwest Oct 2013 #87

There are subsidies for up to $45,960 individual income in 2013, pnwmom Oct 2013 #111

That's a Democratic phrase now, isn't it? "freeloading" LWolf Oct 2013 #89

I think the math is a little off here because they aren't considering the filing threshold. phleshdef Oct 2013 #27

Off topic question Egnever Oct 2013 #39

You'll be sorry you asked. Its pretty boring. phleshdef Oct 2013 #49

Hah! Egnever Oct 2013 #50

LOL, yea same here. phleshdef Oct 2013 #55

The dark ages...seemed so cool! Egnever Oct 2013 #57

Yea, I've never played an MMO that ever felt so "dangerous" really. phleshdef Oct 2013 #59

Standing at the bank wall Egnever Oct 2013 #61

So. WV? Sanddog42 Oct 2013 #62

Haha, just next door pretty much, Logan. phleshdef Oct 2013 #64

SF now but still visit from time to time n/t Sanddog42 Oct 2013 #113

If somebody making $80k can't swing an $800 penalty, they are living too large IMHO. kestrel91316 Oct 2013 #29

My family lives in western WA on $70,000. Most people in this area make $150,000/yr. liberal_at_heart Oct 2013 #45

There really should be adjustments Egnever Oct 2013 #54

This ought to help Democratic candidates get elected. AnotherMcIntosh Oct 2013 #32

hey if mandated insurance turns out to be a dud there's always solarhydrocan Oct 2013 #63

Sell insurance? OK, if it's medical insurance. AnotherMcIntosh Oct 2013 #71

They need to take those "penalties" and make the them PREMIUMS on a Public Option or single payer. yodermon Oct 2013 #36

now you're talking. liberal_at_heart Oct 2013 #41

Even with ACA I am going to be paying $6600/yr in premiums plus copays and deductibles. liberal_at_heart Oct 2013 #40

My daughter spent more than that in one trip to the emergency room pnwmom Oct 2013 #53

Or you may pay less - Ms. Toad Oct 2013 #72

About $8800 for us spinbaby Oct 2013 #74

Justin Green is also whining that the media didn't hail Ted Cruz for his fake filibuster. Spitfire of ATJ Oct 2013 #42

Boo hoo. That's chump change compared to the tax penalty I pay for renting my apartment Recursion Oct 2013 #43

$47.50 per child. This will rise to $695 per adult and $347.50 per child in 2016. Ellipsis Oct 2013 #58

I just got word from the Navy littlewolf Oct 2013 #82

Stop me if I am being too nosy, but if you don't want any GreenPartyVoter Oct 2013 #91

I am retired military littlewolf Oct 2013 #96

I vaguely remember my Dad trying to decide between Tricare and Medicare. He GreenPartyVoter Oct 2013 #98

Now you have Tricare until you are eligible littlewolf Oct 2013 #101

oh, ok. Maybe that's what he was talking about. Thanks for the condolences. It's been GreenPartyVoter Oct 2013 #104

So bottom line we should just bow to the republicans Kingofalldems Oct 2013 #85

If you make 80000 buy the fucking insurance treestar Oct 2013 #93

no shit nt arely staircase Oct 2013 #105

OMG that is terrible arely staircase Oct 2013 #99

For that matter, why should I have to pay ANY taxes? Nine Oct 2013 #106

Free Lancer dem in texas Oct 2013 #110