Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
ACA Subsidy Calculator By Zip Code
Old 09-25-2013, 10:27 AM   #1
Recycles dryer sheets
tomz's Avatar
 
Join Date: Mar 2006
Posts: 251
ACA Subsidy Calculator By Zip Code

Kaiser has updated their calculator with zip code level data based on the new info released by HHS.
Subsidy Calculator | The Henry J. Kaiser Family Foundation
__________________

__________________
tomz is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-25-2013, 11:13 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,369
Well, that is encouraging. It definitely has lowered the projected costs for me in my state that has not released figures. Earlier in the year, Kaiser had it as 4X current cost, to a little more than double the current cost, now.
__________________

__________________
Mulligan is offline   Reply With Quote
Old 09-25-2013, 11:27 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,406
Be careful though. This calculator was very different from my state's calculator inputting the same situation and then I noticed that the Kaiser calculator had a little note "We do not have data for the state selected. The results will show national averages." which is strange since my state's data has been public for quite a while.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is online now   Reply With Quote
Old 09-25-2013, 11:30 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,369
Quote:
Originally Posted by pb4uski View Post
Be careful though. This calculator was very different from my state's calculator inputting the same situation and then I noticed that the Kaiser calculator had a little note "We do not have data for the state selected. The results will show national averages." which is strange since my state's data has been public for quite a while.
I agree. I am just having "fun" with it. I personally won't put much stock into the pricing until the second and third years, to see if the carriers underpriced for marketshare the first year.
__________________
Mulligan is offline   Reply With Quote
Old 09-25-2013, 11:41 AM   #5
Recycles dryer sheets
tomz's Avatar
 
Join Date: Mar 2006
Posts: 251
In my haste to post this, I didn't read the disclaimer that Kaiser posted:

"The calculator includes local premium data from 46 states plus the District of Columbia. The remaining four states (Kentucky, Massachusetts, New York and Vermont) either set premiums using different formulas than other states or have not yet provided needed premium data. The Foundation hopes to expand the calculator to include those states in the future."

Sorry about that.
__________________
tomz is offline   Reply With Quote
Old 09-25-2013, 12:45 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,380
It appears that with no subsidy, if I were ACA eligible, my premium would be less than it currently is on Medicare+supplement.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 09-25-2013, 01:55 PM   #7
Full time employment: Posting here.
Birdie Num Nums's Avatar
 
Join Date: Mar 2010
Location: Seattle-ish
Posts: 776
Based on 2013 earnings, I'd be forced into Medicaid. Is that so bad, compared to getting a subsidized Silver program? If so, maybe late next year I'd look into a part-time Christmas season job to up my earnings to avoid mandatory Medicaid. Thoughts?
__________________
Birdie Num Nums is online now   Reply With Quote
Old 09-25-2013, 02:37 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,380
Quote:
Originally Posted by Birdie Num Nums View Post
Based on 2013 earnings, I'd be forced into Medicaid. Is that so bad, compared to getting a subsidized Silver program? If so, maybe late next year I'd look into a part-time Christmas season job to up my earnings to avoid mandatory Medicaid. Thoughts?
In some areas, you do not want Medicaid. OTOH, some posters have said that in their location, Medicaid coverage is fine.

It is hard for me to imagine doctors so pure that they do notice at what level they are being paid on a case.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 09-25-2013, 04:15 PM   #9
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,412
Quote:
Originally Posted by haha View Post
It appears that with no subsidy, if I were ACA eligible, my premium would be less than it currently is on Medicare+supplement.

Ha
I would guess the coverage and cost share is different. The biggest contribution to lower premiums is a smaller (more restricted) network of providers.
__________________
MichaelB is offline   Reply With Quote
Old 09-25-2013, 04:27 PM   #10
Recycles dryer sheets
 
Join Date: Aug 2009
Location: palm bay , FL
Posts: 100
Darn, that caculator said I am looking at 50% increase for a bronze plan, just a few more days here in FL before know.
__________________
perrytime is offline   Reply With Quote
Old 09-26-2013, 05:13 PM   #11
Recycles dryer sheets
 
Join Date: Aug 2009
Location: palm bay , FL
Posts: 100
I guess I shouldn't be too surprised, I read people with a high deductible plan will pay more, but at 55 years old I thought I was being subsidized by the youth.
__________________
perrytime is offline   Reply With Quote
Old 09-26-2013, 10:19 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2007
Posts: 7,526
Quote:
Originally Posted by haha View Post
It is hard for me to imagine doctors so pure that they do notice at what level they are being paid on a case.
Being on Medicaid would probably suck! Instead of getting 3 minutes with your doc on regular insurance, what do you get? 2 minutes?
__________________

__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (5, 11, and 12).
FUEGO is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 07:33 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.