4 ms·
Our experience is significantly different than yours. My wife and I are on a Gold ACA plan through WA healthcare.gov. Without subsidy, our premiums are about 6
by akg_67 13y ago
Our experience is significantly different than yours.
My wife and I are on a Gold ACA plan through WA healthcare.gov. Without subsidy, our premiums are about 60% of what COBRA premium were going to be for similar plan. Outside the healthcare.gov, insurance companies quoted premiums that were 50-100% more than COBRA premium for similar coverage.
We couldn't afford health insurance premiums from COBRA or open market if it wasn't for ACA.
BTW, subsidy is based on your income and not on your net worth (richness level).
- allwein 13y agoI had a similar experience. ACA Gold Coverage through Healthcare.gov was 50% the cost of hopping on my wife's existing company health plan, 30% cheaper than COBRA, and 80% cheaper than outside quotes. I was actually shocked at how affordable it was.