How Much Will Obamacare Cost? ________________________________ Thursday June 13th, 2013 • Posted by Craig Eyermann at 6:13am PDT • 1 Comment ________________________________ 44 1 We now have more information about how affordable health insurance will be once Obamacare rolls out. CNN reports on the costs of the “Silver” middle-tier coverage plan that will be available in California in 2014: States are starting to roll out details about the exchanges, providing a look at just how affordable coverage under the Affordable Care Act will be. Some potential participants may be surprised at the figures: $2,000 deductibles, $45 primary care visit co-pays, and $250 emergency room tabs. >Those are just some of the charges enrollees will incur in a silver-level plan in California, which recently unveiled an overview of the benefits and charges associated with its exchange. That’s on top of the $321 average monthly premium. >For some, this will be great news since it will allow them to see the doctor without breaking the bank. But others may not want to shell out a few thousand bucks in addition to a monthly premium. >“The hardest question is will it be a good deal and will consumers be able to afford it,” said Marian Mulkey, director of the health reform initiative at the California Healthcare Foundation. “The jury is still out. It depends on their circumstances.” CNN also provided the following infographic to illustrate the plan’s costs for individuals: Doing some quick math, California’s Silver Obamacare plan will cost $3,852 annually, which is how much an individual would have to pay for the coverage, even if they never seek medical care. The annual bill only rises above that amount once they do seek medical care. That’s also the cost that applies for individuals who have annual incomes over $45,960 (four times the federal poverty level). Individuals with incomes below that level will have a portion of their monthly premiums subsidized by the federal government. Of course, the alternative for not getting health insurance coverage would be to pay Obamacare’s penalty tax. In 2014, an uninsured individual would have to pay $95. Keep in mind that thanks to the Patient Protection and Affordable Care Act’s pre-existing condition requirement, a healthy individual would be able to obtain health insurance coverage after at most a 90-day waiting period (prior to the Obamacare law, the waiting period could be much longer than that). That sets up a really perverse incentive for healthy individuals to drop their health insurance coverage under the law. Which alternative do you suppose is really more affordable? - See more at: http://www.mygovcost.org/2013/06/13/how-much-will-obamacare-cost/?goback=%2Egde_4785287_member_249734159#sthash.oxRc4RmK.dpuf On Sunday, June 16, 2013, Rich Martin wrote: > > >Here's something that may be interesting to Medicare Advantage members. >It appears to be an early salvo to drive the Medicare Advantage out of >existence, > > > >I have just had cateracks removed from both eyes. My wife had hers done a >couple of years ago by the same doc. No problem. >We had the same Advantage provider, Humana. > > > >Today I recd a 4-page notice from Humana that struck me as different than >ones I had recd in the past. Normally, these notices list the doctors regular >fee, how much was excluded (discount), how much was paid by Medicare, how much I had paid and how much more was due from me, the patient, normally $0.00. > > > >Bill #1 >Total billed $456.00 > >Excluded charges 396.50 (due from Medicare) >Humana: What we will pay 59.50 (willing to write off as discount) >Balance due $ 0.00 > >Bill #2 >Total billed $444.00 >Excluded charges 383.74 (due from Medicare) >Humana: What we will pay 60.26 (willing to write off as discount) >Balance due $ 0.00 > > >First, it the highlighted doesn't make sense. Humana is the "provider" and is >getting paid, not paying. >My hunch is this is what they expect to eat AFTER they receive payment from >Medicare. >By my math, they are expecting/hoping Medicare will pay $660.24 and they will >eat $119.76 > >It looks to me like Medicare did not make any payment yet, and this "Claim >Receipt" is asking for payment > >This Claim Report came to me FROM Humana so I suspect that by "what we will pay" is how much they will eat. > >It is titled Claim Receiptand saysthis is not bill. > >It also states (to me) >"You may be responsible for paying some or all of the excluded charges to your >provider. > >MY ADVANTAGE PLAN IS OFFERING TO WRITE OFF APPROX 15% ON EACH BILL, >AND I MAY BE LIABLE FOR THE EXCLUDED AMOUNT. >That come to nearly $800 if the govt refuses to pay squat!!! > >If anyone else is experiencing a similar problem with the Advantage plan, >let me know and I'll help spread the word. > >PS >Does anyone know the name of Obama's Medicare czar? > > > > __._,_.___ When replying to this message, plz cc: [email protected] to assure prompt reply. TEA Party Nation Top Ten Tips For Getting The Most From Your TPN Membership! http://www.teapartynation.com/?xg_source=msg_mes_network I’m as mad as hell, and I’m not going to take it any more. http://www.youtube.com/watch?v=q_qgVn-Op7Q Mrs. Richard "Peggy" Martin (1935 - 2012) http://www.legacy.com/obituaries/dfw/obituary.aspx?n=margaret-irene-martin-peggy&pid=159081400&fhid=12241#fbLoggedOut http://www.legacy.com/guestbook/dfw/guestbook.aspx?n=margaret-martin&pid=159081400&sort=1 <> <> <> -- -- To join RichsRants, send email to: [email protected] For more options, visit this group at http://groups.google.com/group/richsrants?hl=en --- You received this message because you are subscribed to the Google Groups "RichsRants" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/groups/opt_out.
