buffalo Loc: Texas

There aren't too many factors that can affect an Obamacare premium, but age is certainly one of them. Younger adults tends to be healthier, thus their premiums are usually lower. Conversely, older adults are expected to pay more out of pocket for healthcare. A recent analysis from HealthPocket broke down what an American earning $48,000 annually (just a hair too much to receive the APTC) is expected to pay each month if that person purchases an average silver plan in 2017. Here's how things shook out:

Average silver plan premium for 30-year old: $364.91
Average silver plan premium for 40-year-old: $410.73
Average silver plan premium for 50-year old: $574.10
Average silver plan premium for 60-year-old: $872.01
What you'll immediately note is the almost exponential premium inflation seen when an individual officially becomes a senior. Thankfully, a little-known provision exists within Obamacare that limits age-based premium adjustments such that a premium for a 64-year-old (individuals 65 and up qualify for Medicare) can't be more than 300% of the premium cost for a 21-year-old.

http://www.fool.com/investing/2016/11/07/heres-what-the-average-american-will-pay-for-obama.aspx

Now add to that a deductible of $3000-$6000 and see how affordable that is especially for those in the 30-40 age group? What are the odds of those 30-40yo using that health INSURANCE?....Plus those making $48,000 annually would have paid $116/month in Medicare taxes. Why not eliminate that $365-$872/month premuim to private, for profit health INSURANCE corporations and double the Medicare tax, eliminate the deductibles, and tax ALL incomes (earned and unearned) for ALL age groups and cover everybody. $232/month vs $365-$872/month...see where 95% of taxpayers would save money? and look how big the risk pool would be. Yes Medicare for All is affordable and every man, woman and child would be automatically covered for their health CARE.

Lonewolf

good post and it makes sence



Goodquote=buffalo]There aren't too many factors that can affect an Obamacare premium, but age is certainly one of them. Younger adults tends to be healthier, thus their premiums are usually lower. Conversely, older adults are expected to pay more out of pocket for healthcare. A recent analysis from HealthPocket broke down what an American earning $48,000 annually (just a hair too much to receive the APTC) is expected to pay each month if that person purchases an average silver plan in 2017. Here's how things shook out:

Average silver plan premium for 30-year old: $364.91
Average silver plan premium for 40-year-old: $410.73
Average silver plan premium for 50-year old: $574.10
Average silver plan premium for 60-year-old: $872.01
What you'll immediately note is the almost exponential premium inflation seen when an individual officially becomes a senior. Thankfully, a little-known provision exists within Obamacare that limits age-based premium adjustments such that a premium for a 64-year-old (individuals 65 and up qualify for Medicare) can't be more than 300% of the premium cost for a 21-year-old.

http://www.fool.com/investing/2016/11/07/heres-what-the-average-american-will-pay-for-obama.aspx

Now add to that a deductible of $3000-$6000 and see how affordable that is especially for those in the 30-40 age group? What are the odds of those 30-40yo using that health INSURANCE?....Plus those making $48,000 annually would have paid $116/month in Medicare taxes. Why not eliminate that $365-$872/month premuim to private, for profit health INSURANCE corporations and double the Medicare tax, eliminate the deductibles, and tax ALL incomes (earned and unearned) for ALL age groups and cover everybody. $232/month vs $365-$872/month...see where 95% of taxpayers would save money? and look how big the risk pool would be. Yes Medicare for All is affordable and every man, woman and child would be automatically covered for their health CARE.[/quote]

buffalo Loc: Texas

[/quote]

Did you read some of the comments? They said that this article was a lie. That their actual premiums were higher. I guess that would depend on which health INSURANCE corporation one choose to get raped by and which s**tty plan one choose.

Lonewolf

I don't know ware the commits are but 1 thing in do know places like NYC have insain rates
A lot of these people forget what the insurance market was like be for the aca




quote=buffalo]Did you read some of the comments? They said that this article was a lie. That their actual premiums were higher. I guess that would depend on which health INSURANCE corporation one choose to get raped by and which s**tty plan one choose.[/quote]