• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    Ivory Bill Woodpecke… on To impeach or not to impeach,…
    Ivory Bill Woodpecke… on To impeach or not to impeach,…
    Propertius on Also…
    bellecat on To impeach or not to impeach,…
    bellecat on To impeach or not to impeach,…
    Catscatscats on To impeach or not to impeach,…
    Kathleen A Wynne on To impeach or not to impeach,…
    William on To impeach or not to impeach,…
    bellecat on To impeach or not to impeach,…
    William on To impeach or not to impeach,…
    William on To impeach or not to impeach,…
    Ivory Bill Woodpecke… on To impeach or not to impeach,…
    Ga6thDem on To impeach or not to impeach,…
    Catscatscats on To impeach or not to impeach,…
    Ga6thDem on To impeach or not to impeach,…
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama Bernie Sanders big pharma Bill Clinton cocktails Conflucians Say Dailykos Democratic Party Democrats Digby DNC Donald Trump Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean John Edwards John McCain Jon Corzine Karl Rove Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare OccupyWallStreet occupy wall street Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans research Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Texas Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    June 2013
    S M T W T F S
    « May   Jul »
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Ian Welsh

  • Top Posts

  • Advertisements

PPACA FAQ: Affordability and Subsidies (Part 1)

(Cross posted to Corrente)

Question: I read a story yesterday that says some employees won’t be able to afford Health Insurance even if their employers offer affordable plans.  But, I heard that there will be subsidies to help people afford insurance.  Won’t the subsidies help with those plans?

Short Answer: Only the cost to the employee of Employee-Only coverage is considered in determining affordability and subsidies. And to be affordable, Employee-Only coverage must be 9.5% of employee salary or less. If it is then the employee (and dependents if any) is not eligible to purchase health insurance through an exchange or eligible for any subsidy. Without those subsidies, many employees will not be able to afford the plans (either individual or family) offered by their employers.

However, if an employee is self-employed or the employer does not offer affordable health insurance, then the employee can be eligible for subsidies that could limit their share of health insurance premiums to as little as 2% of their income.

Long Answer (here’s how it works)

The AP published this widely distributed story (links flooded my WordPress ObamaCare page) yesterday: Continue reading

Advertisements