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The Patient Protection and Affordable Care Act, better known as Obamacare, has continued to remain controversial. With the latest state figures, some analysts have noticed that Obamacare silver ...
The Patient Protection and Affordable Care Act, better known as Obamacare, has a number of complex provisions. But one way in which subsidies help reimburse some people for out-of-pocket costs has ...
The think tank finds that a single 45-year-old making $40,000 a year would pay an extra 67% for a mid-tier silver plan, or $1,247 a year. ... haven’t revealed much in the way of specific plans ...
For example, the Kaiser Family Foundation reported that for the second-lowest cost "Silver plan", a 40-year old non-smoker making $30,000 per year would pay effectively the same amount in 2017 as they did in 2016 (about $208/month) after the tax credit, despite a large increase in the list price. This was consistent nationally.
Obamacare maintained the concept of health insurance exchanges as a key component of health care. President Obama stated that it should be "a market where Americans can one-stop shop for a health care plan, compare benefits and prices, and choose the plan that's best for them, in the same way that Members of Congress and their families can.
2015 year rates are based on the second-tier level of a silver plan that was determined by the D.O.R.A. 2015 Federal Poverty Level is now 133% to 401%; Everyone must obtain health insurance that meets the Minimal Essential Coverage (MEC) that is defined by the department of Human Services (DHS)
Bronze plans were the second most popular in 2015, making up 22% of marketplace plan selections. Silver plans were the most popular, accounting for 67% of marketplace selections. Gold plans were 7%. Platinum plans accounted for 3%. On average across the four metal tiers, premiums were up 20% for HMOs and 18% for EPOs.
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