InTheSticks
Recycles dryer sheets
- Joined
- Jan 24, 2013
- Messages
- 198
Last year around October 20, I could log in to Healthcare.gov and see rates and plans for this year. Does anyone know if they are doing that this year?
Looks like rates are going up but the EO or any specific changes that POTUS signed will not take effect immediately and articles are saying 2018 will offer subsidies for those on current ACA plans. The order turned the insurance industry upside-down. It will take time to figure out what changes are actually lawful and legislation has to happen and be approved by Congress. This is what I gather from the multiple articles from NYT, LA Times, Bloomberg, NPR, the sources I trust.
Looks like rates are going up but the EO or any specific changes that POTUS signed will not take effect immediately and articles are saying 2018 will offer subsidies for those on current ACA plans. The order turned the insurance industry upside-down. It will take time to figure out what changes are actually lawful and legislation has to happen and be approved by Congress. This is what I gather from the multiple articles from NYT, LA Times, Bloomberg, NPR, the sources I trust.
I know we really can't talk about speculation of what may be, so I'm just biding my time until the dust settles .
There's really not much wore we can do at this point.
^ What he said.
The insurer applied the 2017 $1000 subsidy to the 2018 premium. When the 2018 subsidy becomes available through the SLCSP calculations and is applied, the 2018 subsidized premium should remain fairly stable assuming the same MAGI.WOW.... got a letter today from insurance company...
Premiums are going from low $1200s to high $1900s!!! At least a 50% increase in premiums... my share from just under $200 to now over $900.... or more than 4Xs what I was paying...
And I already have gone with the lowest cost provider
The insurer applied the 2017 $1000 subsidy to the 2018 premium. When the 2018 subsidy becomes available through the SLCSP calculations and is applied, the 2018 subsidized premium should remain fairly stable assuming the same MAGI.
If you choose the SLCSP as your plan, your premium responsibility will not exceed the percentage of MAGI shown in Table 2 of the instructions for IRS Form 8962. Choosing a lower cost plan results in lower premium responsibility.