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08-09-2013, 01:17 PM
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#181
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Quote:
Originally Posted by bUU
Yes: The federal government is demonstrably more trustworthy with regard to these things than many of the state governments. I believe you'd acknowledge that if you could look past your desire to frivolously disparage the federal government.
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Don't feed the trolls.
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08-09-2013, 01:18 PM
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#182
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Thinks s/he gets paid by the post
Join Date: Dec 2012
Location: Georgia
Posts: 2,240
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My apologies. You're correct.
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08-09-2013, 02:15 PM
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#183
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Full time employment: Posting here.
Join Date: May 2011
Location: Marco island
Posts: 815
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Having been subsidized by my DWs employer for the past 27 years, I am surprised at the cost of health insurance. We pay 182 dollars per month for the whole family! Of course, our choices are somewhat limited and wages aren't the best but it's been a good trade off. I am keeping my fingers crossed that it stays the same, otherwise it won't make sense for my wife to continue working and then she'll find out how little I do in any given day!
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08-09-2013, 05:46 PM
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#184
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Thinks s/he gets paid by the post
Join Date: Apr 2013
Location: Gosport, IN
Posts: 1,218
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Gatordoc50 - she already knows if she's anything like my wife! The $1000 - 1500 per month for Health insurance is what keeps me working - my wife retired 5 years ago.
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08-09-2013, 06:00 PM
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#185
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,370
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This was one of the better calculators that I have seen in that it shows both the gross premium and the net cost after subsidy for various levels of plans at a glance. I believe that the gross premiums are based on the average of the 2014 premiums for the two carriers (BCBS-VT and MVP).
Subsidy Calculator | Vermont Health Connect
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-09-2013, 06:11 PM
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#186
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Full time employment: Posting here.
Join Date: May 2011
Location: Marco island
Posts: 815
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Quote:
Originally Posted by pb4uski
This was one of the better calculators that I have seen in that it shows both the gross premium and the net cost after subsidy for various levels of plans at a glance. I believe that the gross premiums are based on the average of the 2014 premiums for the two carriers (BCBS-VT and MVP).
Subsidy Calculator | Vermont Health Connect
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All ages pay the same?
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08-09-2013, 07:23 PM
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#187
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,370
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Yes, I believe so.
Quote:
BCBSVT developed the table of rates without regard to age, tobacco use or geographic area, as required under the Vermont community rating law, and so the requirements listed in 45 CFR 154.301(a)(4)(v) and (xiv) do not apply.
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__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-13-2013, 07:35 PM
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#188
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 3,361
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I found an article in the Fort Wayne News Sentinel with at least a glimpse of Indiana Exchange Pricing, a 21 year old on the silver plan is 214 a month and a 55 year old couple with 3 kids under 20 would pay 1362 a month, both are for non smokers.
Here is a link to the article:
New PHP premiums show price of Obamacare | FortWayne.com - Fort Wayne IN
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08-13-2013, 08:39 PM
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#189
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Recycles dryer sheets
Join Date: Jul 2013
Posts: 271
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Another Delay
http://www.nytimes.com/2013/08/13/us...Y&ei=5065&_r=0
Quote:
WASHINGTON — In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care.
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08-14-2013, 07:01 AM
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#190
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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From the link posted by alask55:
Quote:
The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them to set higher limits, or no limit at all on some costs, in 2014.
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It appears to be an exception for group plans, it might not affect the "exchanges."
Hopefully, employers (or the health insurers they contract with) will at least be required to notify employees that they won't have the caps that were supposedly going to be in place.
I'm surprised that there's so much "flexibility" concerning the when and how of implementation of legislation that contains some pretty hard dates. Maybe there's a branch of government empowered to either make the legislation match the reality or make reality match the legislation.
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08-14-2013, 07:10 AM
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#191
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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I wish they would leave it alone and concentrate on making it better. I vote for single payer.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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08-14-2013, 07:18 AM
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#192
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,714
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Daily reminder to keep the thread focused on the PPACA please. It's really not that difficult.
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Some perspective on cost comparisons
08-14-2013, 07:21 AM
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#193
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,525
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Some perspective on cost comparisons
This article succinctly lists several points made here by various posters.
ObamaCare's effects difficult to measure: Column
- there is a tendency to conflate premiums for insurance purchased on ObamaCare's new exchanges with those in the private market.
- the impact of the Affordable Care Act varies widely for different subsets of the population.
- the estimated cost of purchasing insurance on the exchanges depends greatly on whether you take into account the federal subsidies that many people will receive.
- whether premiums appear attractive depends on what you compare them with.
- the effect of the exchanges depends on how you compare premiums. [average vs. average, lowest vs. lowest, etc.]
__________________
No doubt a continuous prosperity, though spendthrift, is preferable to an economy thriftily moral, though lean. Nevertheless, that prosperity would seem more soundly shored if, by a saving grace, more of us had the grace to save.
Life Magazine editorial, 1956
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08-14-2013, 07:32 AM
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#194
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,714
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Quote:
Originally Posted by alaska55
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This link is an announcement that group plans with different managers for major medical and pharmacy benefits are allowed an extension of one more year to combine total out of pockets for each into one single amount. In the meantime they can continue with each counted separately and subject to current (2013) limits, which may be greater than the upper limit established by the PPACA.
No effect on policies sourced from the state health exchanges. This will impact employees with group coverage that were expecting to see a cap and possibly a reduction on their total out of pocket, and the immediate effect would be on people with very high drug bills.
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08-14-2013, 11:35 AM
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#195
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 1,251
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Employees at our company were told today that our benefits would renew effective 12/1/2013 as opposed to 1/1/2014. That gives the company 11 more months to avoid ACA.
__________________
"Don't you draw the queen of diamonds, boy, she'll beat you if she's able.
You know the queen of hearts is always your best bet" -- The Eagles, Desperado
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08-14-2013, 12:58 PM
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#196
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,370
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and 11 more months to figure out how they want to deal with ACA. Sounds like a smart business move to me.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-14-2013, 01:16 PM
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#197
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Full time employment: Posting here.
Join Date: Sep 2010
Location: Orlando, Fl
Posts: 952
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I am not clear on how the enrollment periods will work. Initially, open enrollment is October 1, 2013 until March 31, 2014. How does one enroll after that? Will there be annual open enrollment times, or does there need to be an 'event" (i.e. - current healthcare insurance lost, divorce, etc.) to enroll?
__________________
"Some people describe themselves as being able to see things as a glass half full. For some, the glass is half empty. Me? I can't even find the f***king glass."
Silver
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08-14-2013, 02:09 PM
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#198
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Moderator Emeritus
Join Date: Oct 2007
Location: Portland
Posts: 4,946
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Quote:
Originally Posted by Silver
I am not clear on how the enrollment periods will work. Initially, open enrollment is October 1, 2013 until March 31, 2014. How does one enroll after that? Will there be annual open enrollment times, or does there need to be an 'event" (i.e. - current healthcare insurance lost, divorce, etc.) to enroll?
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The ehealthinsurance.com folks have put together a couple of good pages on this.
https://www.ehealthinsurance.com/aff...tdown-step-5-2
https://www.ehealthinsurance.com/aff...ent-the-basics
There will be annual open enrollment periods, in the last quarter of each year, and 'events' like losing group coverage from a job will also allow enrollment.
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08-14-2013, 05:17 PM
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#199
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,691
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So if I already have a policy (and either it's grandfathered in or it will compliant starting next year), then I still qualify for the subsidy and can skip the exchange process, yes?
TJ
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08-14-2013, 07:06 PM
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#200
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Moderator Emeritus
Join Date: Oct 2007
Location: Portland
Posts: 4,946
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Quote:
Originally Posted by teejayevans
So if I already have a policy (and either it's grandfathered in or it will compliant starting next year), then I still qualify for the subsidy and can skip the exchange process, yes?
TJ
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Yes, sort of. You would receive the subsidy as a tax credit on filing your 2014 individual income tax return if eligible (Modified adjusted gross income low enough, and a subsidy-qualified plan.) In order to get the advance subsidy paid to your insurer, you would need to go through the exchange program.
(This MIGHT wind up varying from state to state depending on state insurance rules. California requires going through the exchange.)
My HMO provider has arranged to automatically flip me to a compliant plan. Their literature lays out how I can also go to the state exchange, and apply for the same or a different plan and get the subsidy. They'll know I'm already an HMO member and will just treat it as a continuation of coverage on the selected policy.
The online signup process is very simple. On the first screen you set up a user account. This is similar to setting up an E-R.org account. The second screen presents a bunch of privacy related information, because the online app will be sending parts of your information to the tax folk's server to do income verification. Click "Agree" just liek in iTunes... Next you have to tell the app who is to be covered. Finally, you tell the app your adjusted gross income (the prototype presents the number from the tax folks and lets you disagree if needed), and whether you have employer coverage. Then you 'electronically sign' the document (check the little box), and you're done.
(I'm sure they'll find something to change. Heck, they've got two whole months to diddle around with it...)
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