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View Diary: Laid off workers will have alternative to expensive COBRA coverage (46 comments)

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  •  One word: subsidies. (3+ / 0-)
    Recommended by:
    War on Error, elwior, jck

    Yes, if there is a medical need, they will be out money--but that would have been the case if your friend was employed, too. The cost of insurance will be subsidized pretty much to the extent that you'd have had from your employer, most likely.

    "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

    by bryduck on Tue Sep 17, 2013 at 04:12:47 PM PDT

    [ Parent ]

    •  OK I found this (2+ / 0-)
      Recommended by:
      elwior, bryduck

      For a family of four the premium would be $118 a month, the rest paid by subsidy

      Plus the $3,500 deductible etc.

      So, each month the cost is $118 plus 100% of health care costs up to $3,500 plus billing fees, co-pays, co-insurance etc

      All approximately, as it varies from state to state.

      There are no subsidies for the cost of health care, just the premium, right?

      It's difficult to be happy knowing so many suffer. We must unite.

      by War on Error on Tue Sep 17, 2013 at 04:42:31 PM PDT

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      •  Correct. (1+ / 0-)
        Recommended by:
        War on Error

        Cost of actual healthcare depends on the insurance plan paid for.

        "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

        by bryduck on Tue Sep 17, 2013 at 04:47:16 PM PDT

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        •  The affordable Silver plans (1+ / 0-)
          Recommended by:
          bryduck

          require an addition 30% co-insurance payment.

          I am hoping that the cap is $8,000 out of pocket per year.

          If this family has a major event, it will still bankrupt them.

          It's difficult to be happy knowing so many suffer. We must unite.

          by War on Error on Tue Sep 17, 2013 at 04:57:22 PM PDT

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          •  Oh, don't get me wrong, (2+ / 0-)
            Recommended by:
            War on Error, Kickemout

            I still realize this comes far from being anywhere close to wonderful. $8K (which is probably high for a silver cap, I think, but I have not checked) and a cure, though, ain't $80K or $800K, neither of which are entirely out of the range of the possible for the uninsured who "choose" to get medical help for something major.

            "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

            by bryduck on Tue Sep 17, 2013 at 05:03:47 PM PDT

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            •  It's non sustainable for a family on the Exchange (1+ / 0-)
              Recommended by:
              bryduck

              that has chronic medical conditions.

              They would be better off getting a low paying job, living like paupers, maybe divorcing, so the sick one could get Medicaid.

              I so ashamed of this country for it's horrible for profit health care system, with too few doctors, and laughable billing rates for service.

              America is a laughing stock in the eyes of the world on this issue.

              It's difficult to be happy knowing so many suffer. We must unite.

              by War on Error on Tue Sep 17, 2013 at 05:13:56 PM PDT

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              •  Absolutely correct yet again. (0+ / 0-)

                When I got cancer, my net salary was immediately reduced by my annual cap for 3 straight years. Nothing about that was fun, speaking strictly from the fiscal POV.
                USA! USA! USA!
                A family facing this, though, would probably want to invest in a Gold or Platinum Plan--obviously, if offered, and whichever plan runs the cheapest if one assumes the cap will be hit every year . . .

                "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

                by bryduck on Wed Sep 18, 2013 at 08:00:39 AM PDT

                [ Parent ]

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