3 ms·

If I were only earning $1000/mo then my Affordable Care Act health insurance would be free...

• ceejayoz 8y ago
  With a $13k deductible... edit: Don't get me wrong, it's better than nothing. I'm on the exchanges myself. That said, a major illness is still going to be a massive financial hit even with subsidized premiums.
  • wtallis 8y ago
    At ~$1000 per month, you're either on Medicaid, stuck in the coverage gap if you live in the wrong state, or getting both premiums and deductibles subsidized so that the deductible is at least an order of magnitude lower than $13k. If you qualify for subsidies and are earning slightly more than the poverty line, the only way to get close to a $13k deductible is to deliberately avoid the plans that qualify for the most subsidies.
• beatgammit 8y ago
  I make significantly more than that and my ACA coverage is almost free. There are all sorts of problems with this, such as: - assumption of a car (within 5 miles, cycling is completely reasonable, and it improves health) - single income w/child apparently? That's not my situation at all - Why does laundry cost $30? Most places near me are $5-10 - Why is my mobile phone $75? I can find lots of plans for cheaper - why do I start with $1k? I've had way more than that since I was a teenager; I always keep 3-6 months of expenses for precisely this reason - why does not paying a bill for one month result in immediate closure? Most utilities don't shut off services until 3 or so months of missing payments However, the app is pretty eye opening because it _doesn't_ fit my situation. I'm very interested in helping the poor get out of the cycle of poverty (it's my life's goal).