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ACA: Where the Rubber meets the Road

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  • ACA: Where the Rubber meets the Road

    Where a friend on mine works they had the Obama Care talk yesterday. Employees number around 50. Most are paid in the mid-teens $ per hour.

    The company pays up to $400/month in premiums, for the employee only. They handed out two fee schedule sheets, one for Single insured, the other for Spouse/Child.

    Up to 29 years old, cost was covered in full by the $400. To add a dependent was an additional $438.

    At 39 years of age, cost was $44 and an additional $494 for one dependent.

    At 49 years of age, individual fee was $217 plus $667 for a dependent.

    At 59 years of age, $547 for the employee, $1018 for dependent.

    At 62 years of age, $674 and $1124, respectively.

    All of the older employees shit a brick.

    (note: I know a guy, scrambling to make a late start in the insurance racket, who sells medical insurance that "saves" those in the above predicament. It's the "affordable" monthly premium, with impossible to make co-pays.)

  • #2
    Re: ACA: Where the Rubber meets the Road

    Originally posted by don View Post
    Where a friend on mine works they had the Obama Care talk yesterday. Employees number around 50. Most are paid in the mid-teens $ per hour.

    The company pays up to $400/month in premiums, for the employee only. They handed out two fee schedule sheets, one for Single insured, the other for Spouse/Child.

    Up to 29 years old, cost was covered in full by the $400. To add a dependent was an additional $438.

    At 39 years of age, cost was $44 and an additional $494 for one dependent.

    At 49 years of age, individual fee was $217 plus $667 for a dependent.

    At 59 years of age, $547 for the employee, $1018 for dependent.

    At 62 years of age, $674 and $1124, respectively.

    All of the older employees shit a brick.

    (note: I know a guy, scrambling to make a late start in the insurance racket, who sells medical insurance that "saves" those in the above predicament. It's the "affordable" monthly premium, with impossible to make co-pays.)
    and for those older they will find the additional premium is already on top of large deductible.

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    • #3
      Re: ACA: Where the Rubber meets the Road

      Correction - the cost of adding a dependent is for all dependents, not one.

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