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>Insurance premiums average $300-$700 USD per month per person nationwide, when not available through full-time employment or (65+) Medicare. Well, until recen

by scythe 6y ago

>Insurance premiums average $300-$700 USD per month per person nationwide, when not available through full-time employment or (65+) Medicare. Well, until recently: https://www.economist.com/united-states/2021/02/27/smuggled-into-the-covid-relief-bill-is-an-overdue-fix-for-obamacare https://www.economist.com/united-states/2021/02/27/smuggled-... Health insurance is now guaranteed affordable (8.5% of income or less) in every state except Wyoming, Wisconsin, South Dakota, Texas, Kansas, Louisiana, Tennessee, North Carolina, South Carolina, Georgia, Alabama, Mississippi and Florida (Medicaid gap).

floatingatoll 6y ago
That's excellent news. Thank you for sharing. Though: The article lists the poverty line as $51,520; 8.5% of the poverty line is $365/month, so that's well within $300-700. Mississippi has the lowest median income in the US at $45,081; 8.5% of that is $319/month, which is still within $300-700. You would need to make less than $42k/year, which is about 80% of the poverty threshold, in order to fall below the thresholds I napkin-mathed. Many do make less than that, and this will greatly benefit them. Non-US translation for that last bit, though - 37 out of 50 of our member states chose to enforce an 8.5% of annual income limit on health care insurance premiums for citizens of their states; 13 refused to.
- scythe 6y ago
  Just to clarify, that's ($51,250) not the poverty line, it's the (old) subsidy line. The poverty line is $12880 + $4540d, where d is the number of dependents. But yes, healthcare premiums do float above $300/mo for some people.
  - floatingatoll 6y ago
    Thanks, I totally misunderstood!
maxerickson 6y ago
I feel like 2 exceptions is the limit for 'every state except', some other construction is more reasonable if there are 13. "in most states. The exceptions are..." or whatever.

by scythe 6y ago

floatingatoll 6y ago

That's excellent news. Thank you for sharing. Though: The article lists the poverty line as $51,520; 8.5% of the poverty line is $365/month, so that's well within $300-700. Mississippi has the lowest median income in the US at $45,081; 8.5% of that is $319/month, which is still within $300-700. You would need to make less than $42k/year, which is about 80% of the poverty threshold, in order to fall below the thresholds I napkin-mathed. Many do make less than that, and this will greatly benefit them. Non-US translation for that last bit, though - 37 out of 50 of our member states chose to enforce an 8.5% of annual income limit on health care insurance premiums for citizens of their states; 13 refused to.

scythe 6y ago
Just to clarify, that's ($51,250) not the poverty line, it's the (old) subsidy line. The poverty line is $12880 + $4540d, where d is the number of dependents. But yes, healthcare premiums do float above $300/mo for some people.
- floatingatoll 6y ago
  Thanks, I totally misunderstood!

maxerickson 6y ago

I feel like 2 exceptions is the limit for 'every state except', some other construction is more reasonable if there are 13. "in most states. The exceptions are..." or whatever.