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Reply #17: Currently any subsidy ends when your gross income hits 4x the poverty level [View All]

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dflprincess Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-09-09 12:57 PM
Response to Reply #7
17. Currently any subsidy ends when your gross income hits 4x the poverty level
($43K for singles, $88K for a family of 4). In addtion to the premiums you may also be on the hook for copays & deductibles of $5K for singles, $10K for families plus anything else that isn't covered - like vision and dental which will not be covered for adults.

There has been some talk that those caps may be lowered (I believe Baucus likes 3x the poverty level). Premiums will be based on regional differences so far, income caps will not, nor will they take into account other obligations you may have.

Nothing is being done to guarantee access to care. The only guarantees are that the insurance companies will continue to make obscene profits and their stooges in government will continue to collect large "contributions". As an added bonus, the high out of pockets will help the credit card companies as people continue to pay medical bills with plastic.

Someone please explain to me what is being "reformed".


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