Obama's legacy: Obamacare premiums will be officially unaffordable for many in 2018

[TalkRadio]

An analysis of health insurance costs conducted by eHealth finds that projected rate increases for 2018 health insurance plans would make coverage unaffordable for many, according to the rules of the Affordable Care Act (the ACA or Obamacare). eHealth’s analysis shows that projected costs for 2018 health insurance plans would be officially unaffordable for 29% of individuals and 54% of families who bought their health insurance at eHealth during the 2017 open enrollment period.

The ACA deems health insurance to be unaffordable if it costs more than 8.13% of a person’s modified adjusted gross income (MAGI or household income) to pay for the lowest cost plan available. In areas of the country where the health insurance available through government-run marketplaces does not meet this affordability requirement, individuals and families can qualify for an exemption from Obamacare’s individual mandate (the individual shared responsibility tax penalty).

For its analysis, eHealth looked at quoted health insurance premiums for the lowest cost bronze-level health insurance plan across all 50 states during the 2017 open enrollment period, then added 28% to the these figures to estimate costs for 2018. This percentage increase is based on estimates published by Oliver Wyman Health, which projected that rate increases would range from 28% to 40% for 2018.

eHealth then compared those premiums to the self-reported income of over 2,087 customers who bought their own 2017 health insurance from eHealth.com and then later provided income information in response to a voluntary survey. eHealth found that, at projected 2018 prices, Obamacare plans would be unaffordable for 29% of individual shoppers and 54% of family shoppers in this group.

https://resources.ehealthinsurance....emiums-will-officially-unaffordable-many-2018

 

[richard_daily]

Too bad the republicans couldn't come up with a better plan.

Stop blaming Obama for the issues the republicans have.

 

[Hypoxia]

Yes, RomneyObamaCare, the GOP-engineered alternative to Hillary's 1990s Single Payer scheme, sucks. Alas, what preceded it sucked worse, as will current and future genocidal Guppy plans. Why can't USA look at other nations' plans and pick out the best elements? Are USA politicians too stupid for that? [spoiler: apparently]

 

[richard_daily]

Yes, RomneyObamaCare, the GOP-engineered alternative to Hillary's 1990s Single Payer scheme, sucks. Alas, what preceded it sucked worse, as will current and future genocidal Guppy plans. Why can't USA look at other nations' plans and pick out the best elements? Are USA politicians too stupid for that? [spoiler: apparently]

The GOP needs to take ownership of their plan... Obamacare.

 

[BotanyBoy]

Too bad the republicans couldn't come up with a better plan.

Stop blaming Obama for the issues the republicans have.

You mean you want to stop blaming Obama for the HC plan he championed as comprehensive HC reform, got his fellow democrats to pass and he signed into law with no support from the GOP???

Yea...all the partisans are desperate not to own that one. Funny it's the exact same partisans who were screaming that anyone who doesn't think Obamacare is the greatest is just a racist Nazi.

Yes, RomneyObamaCare, the GOP-engineered alternative to Hillary's 1990s Single Payer scheme, sucks. Alas, what preceded it sucked worse, as will current and future genocidal Guppy plans. Why can't USA look at other nations' plans and pick out the best elements? Are USA politicians too stupid for that? [spoiler: apparently]

Because Democrats aren't any better than republicans.

The GOP needs to take ownership of their plan... Obamacare.

Why? Democrats are the ones who went all out to pass it and Obama was the one who signed it into law.

It doesn't become the Republicans just because it's crashing and burning.