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• ##### about 6K?(4+ / 0-)

According to this calculation, 1 person, age 40 making 50k will be \$294/month for the silver plan.
Age 50 it would be 356/month.  Neither one is close to 6K/Year....

Covered California

• ##### Of course(2+ / 0-)
Recommended by:
LI Mike, ban nock

I don't know your personal situation.   And this is for the Silver plan, but for a decent plan, drug card, free preventative, etc. I think that's pretty reasonable.

• ##### Silver includes a free annual checkup.(0+ / 0-)

http://blogs.kqed.org/...

Drugs have a deductible and a co-pay.

• ##### Use the "exchange" to calculate your cost!(0+ / 0-)

Geezers in the Health Exchange is one of the first articles I have seen that is an honest look at what is not there.  As POTUS Obama has said re IRS, "there is no there there."

Speaking of out of pocket expenses, keep in mind that even though you're paying at least part of your insurance premiums out of your own money, that expense is not counted as "out of pocket." My additional out-of-pocket maximum expenditure, should I get expensively sick, is (theoretically) \$5200. Wait... 5200/28000=0.1857142857142857, or approximately 18.5% of my income.

Some months ago this same calculator was telling me that my maximum out-of-pocket was approximately \$3200, not \$5200 (nope, I have no screen shots). I have no clue whether the law has changed, or whether something was wrong with the old calculator, or whether something is wrong with the new calculator. Whatever, it's a baseline.

So, as it stands right now, if I buy silver insurance in 2014 and get sick, I stand to lose 7.71+18.57=26.3% of my income. I'm not going to have to turn my cats loose, I'm going to have to eat them.

You need to read the whole piece plus the comments to get started.  Then you can begin to plot your financial and health care costs, ha ha...
• ##### That's the average(1+ / 0-)
Recommended by:
ban nock

If you have pre-existing conditions, they can't refuse to give you insurance, but they can charge you a higher rate than the average. Ours used to be \$18,996k/yr for a family of 4, all under age 50.  Due to changing the kind of policy we have (to higher deductible), and last year's ACA-induced premium reduction, we're now down to \$13,200.

• ##### No they can't(2+ / 0-)
Recommended by:
Clem Yeobright, ban nock

There is NO medical underwriting.
They CAN'T base your premium on your health history.
It's community rating.

• ##### Not until next year(0+ / 0-)

As of now, they can still charge extra for pre-existing conditions. That changes in 2014, when I expect our rates to drop even further.

• ##### yes...(0+ / 0-)

All of this takes effect Jan 1, 2014.
Enrollment begins Oct 1.

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