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This is ultimately the route we'll likely end up in. I was surprised to see we could make around $75k and the cheapest plans ($800/month) would be fully covered
by _heimdall 2y ago
This is ultimately the route we'll likely end up in. I was surprised to see we could make around $75k and the cheapest plans ($800/month) would be fully covered. That said, that opens a much bigger conversation related to tax subsidies and whether the ACA accomplished enough for the pros to outweigh the cons.
I appreciate the details you shared here by the way, very helpful for me and anyone else coming by seeing similar premiums and isn't aware of what subsidies do exist.
- PaulDavisThe1st 2y agoAbsolutely. Even though the subsidies have been extremely beneficial for my wife and I, I seriously question whether or not the policy of handling excessive medical costs by paying private insurance companies money to make their insurance premiums affordable to everyone makes much (if any) sense. If medical costs are indeed so high that our insurer needs $X from us each month to make health insurance viable, how does it help anything to make sure they get $X pretty much no matter what? Do feel free to ask if you have any other questions about this. I do my own taxes, and have had to do a deep dive into the rules/forms for this stuff for several years now.