Skip to main content

View Diary: HOW THE GOVERNMENT MEASURES POVERTY (20 comments)

Comment Preferences

  •  Tip Jar (5+ / 0-)

    "The mind that cannot philosophize, ossifies"- John Barth

    by steven pressman on Tue Sep 08, 2009 at 09:01:43 AM PDT

    •  In $$s Here is what it means (1+ / 0-)
      Recommended by:
      Hedwig
      Well, here's is what poverty looks like to the Federal Government as of January, 2009's Mike Leavitt report to Congress:

      The 2009 Poverty Guidelines for the
      48 Contiguous States and the District of Columbia

      Persons in family    Poverty guideline
             1                        $10,830
             2                          14,570
             3                          18,310
             4                          22,050
             5                          25,790
             6                          29,530
             7                          33,270
             8                          37,010
      For families with more than 8 persons, add $3,740 for each additional person.


      http://aspe.hhs.gov/...

      And, as if a family with such a low income could afford a dime, this is what they will be forced to pay for mandated insurance:

      Federal poverty  
      level (FPL)            Premium payment limit (as a percent of income)
      133% or less               1.5%
      150%                            3.0%
      200%                            5.0%
      250%                            7.0%
      300%                            9.0%
      350%                           10.0%
      400%                           11.0%

      For example, a family of three at 133% of the federal poverty line ($24,352 in 2009 annual income) would be required to only pay annual premiums of $365 toward a Basic plan in the
      Exchange.

      A family of three at 400% of poverty ($73,240), where the premium subsidies end, would be required to pay no more than $8,056 in annual premiums for a Basic Exchange plan.
      http://fpc.state.gov/...
      page 15

      REALLY, a family of 3, earning $73,000 can afford $8K in premiums and $10,000 for out of pocket?

      Are the Corporaticians in DC on Crack or something?  Or does hob knobbing with the Insurance Oligarchs make them stupified.

      FRIENDS, DON'T TAKE IT ANY LONGER!

      Poverty does not mean powerless. Unite!

      by War on Error on Tue Sep 08, 2009 at 09:34:51 AM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site