4 ms·

From what I've been able to gather, since the majority of the States did not expand Medicaid to additionally cover those making straight poverty line incomes, a

From what I've been able to gather, since the majority of the States did not expand Medicaid to additionally cover those making straight poverty line incomes, and since Obamacare has increased the cost of insurance premiums across the board in all but a few states (300% in NC alone), the poor will simply not be able to get or buy insurance - period. Only those making over $11,500-$15,000 or so will get the credit. The real kicker to all this is that if you don't end up making that amount this year (2014), even if you are off by $20, you'll be forced to pay back the entire tax credit the government allowed you!

knyt 13y ago
> if you don't end up making that amount this year ... you'll be forced to pay back the entire tax credit My understanding is that the repayment amount is capped based on your income, so, for example, a person whose income came in just below the FPL (or just below 138% of the FPL in states that expanded Medicaid) would be liable for at most $300 of the advance premium tax credit. Likely outdated source: http://kaiserfamilyfoundation.files.wordpress.com/2013/01/8154.pdf http://kaiserfamilyfoundation.files.wordpress.com/2013/01/81... (2011)
tzs 13y ago
23 states have not expanded Medicare and do not plan to. 25 and DC have expanded it for 2014, and 2 more are going to but post-2014.
dragonwriter 13y ago
> From what I've been able to gather, since the majority of the States did not expand Medicaid to additionally cover those making straight poverty line incomes 25 states plus DC are participating in the ACA expansion of Medicaid up to 138% of the Federal Poverty Level and two additional states are working to implement expansion late [1]. > since Obamacare has increased the cost of insurance premiums across the board in all but a few states (300% in NC alone), the poor will simply not be able to get or buy insurance - period. Yes, its true that in states that have chosen to reject the -- completely federally funded in the short term and 90% federally funded in the long term -- Medicaid expansion, people making under 100% of FPL will generally have neither Medicaid nor the ability to afford individual insurance. [1] http://kff.org/health-reform/state-indicator/state-activity-around-expanding-medicaid-under-the-affordable-care-act/#notes http://kff.org/health-reform/state-indicator/state-activity-...

knyt 13y ago

> if you don't end up making that amount this year ... you'll be forced to pay back the entire tax credit My understanding is that the repayment amount is capped based on your income, so, for example, a person whose income came in just below the FPL (or just below 138% of the FPL in states that expanded Medicaid) would be liable for at most $300 of the advance premium tax credit. Likely outdated source: http://kaiserfamilyfoundation.files.wordpress.com/2013/01/8154.pdf http://kaiserfamilyfoundation.files.wordpress.com/2013/01/81... (2011)

tzs 13y ago

23 states have not expanded Medicare and do not plan to. 25 and DC have expanded it for 2014, and 2 more are going to but post-2014.

dragonwriter 13y ago

> From what I've been able to gather, since the majority of the States did not expand Medicaid to additionally cover those making straight poverty line incomes 25 states plus DC are participating in the ACA expansion of Medicaid up to 138% of the Federal Poverty Level and two additional states are working to implement expansion late [1]. > since Obamacare has increased the cost of insurance premiums across the board in all but a few states (300% in NC alone), the poor will simply not be able to get or buy insurance - period. Yes, its true that in states that have chosen to reject the -- completely federally funded in the short term and 90% federally funded in the long term -- Medicaid expansion, people making under 100% of FPL will generally have neither Medicaid nor the ability to afford individual insurance. [1] http://kff.org/health-reform/state-indicator/state-activity-around-expanding-medicaid-under-the-affordable-care-act/#notes http://kff.org/health-reform/state-indicator/state-activity-...