Health Reform Premium Calculator

[Cimarron]

A calculator that will show how much a person/family can expect to pay in insurance premiums, under the different plans on the table now. Very interesting.  I do hope they plan to tweek it down substantially, in whatever plan they do settle on.   ::O:

http://healthreform.kff.org/SubsidyCalculator.aspx#tableLinkDiv

[Whoo]

Hmmm, interesting.  The way it looks, I will be eligible for Medicaid with any of the plans.

That's all well and good, and I will continue to pay into the system that may be helping me.  I think there'd be more people to pay into the system if the Social Security Administration wouldn't hold people's feet to the fire and threaten to cut off their benefits if they work.  All this reform stuff is good, but this country needs to begin revamping antiquated systems in our government first.

[Cimarron]

No argument about needing reform in the area of healthcare.  I just don't believe this government is capable of doing it right though.  They left out tort reform completely, and that's a big cost right there.

I suspect I'll qualify for Medicaid as well, no way I could pay the premiums according to the calculations.  It would take half my paycheck under one plan, and all if it under the others!

[Mr T]

I only figured one way, for the "better half," and it looks like $100.00 a month.


There is a site where a poster (GR) is saying huge amounts, just huge, but I think he didn't divide by 12.  The numbers on the site are annual, not monthly, I think.  I don't think a person with $15,000.00 income would be charged 680 or so a month.  That is more than half.

Don't you take "annual" and divide by 12?  You don't take an annual amount and multiply to get yearly figures.

Well, we'll see if he corrects my math in a polite manner, if I am wrong, or if he has a "hunch" that I am master baiting.  He is constantly hunching all over the place and I find it very distracting.

[Cimarron]

I think it is the annual amount they are talking about.  On one of the plans it came up for me to be this:

Actual annual plan premium:  $5,428. 
(age factor = ) 
Cap on premium as % of income:   
Person/family premium payment: $877.   
% of total premium paid by person/family:   
Person/family payment as % of income:   
Government subsidy:   $4,550.

When I first read this, it came across as  877/mo.  since that is how I pay my insurance, (on everything) by the month. I don't think of it as by the year.  It looks like this calculator is showing everything for all concerned on an annual basis, complete total, amt. the individual pays, and what the government pays, by the year.  When you add the 877 with the 4550, you come up with the full amount, 5428.

That makes it a lot better than it looked at first.  I know healthcare is expensive, but good grief! lolol

In this plan, I'd pay about 70/mo.  That's cheaper than a private policy from a company at this time.

[Mr T]

Hmmm.  He says I'm wrong, and that actually some of them are worse numbers.  He could be right - I don't do numbers well! - and I think he used to be some sort of numbers guy.  He was nice. :smile:

[Whoo]

They left out tort reform completely, and that's a big cost right there.

Well, if they are going to fix tort reform (again - the last revision was around 2003), they need to begin with what defense attorneys charge insurance companies to represent them.  Plaintiff attorneys get a percentage of the overall award; defense attorneys charge via billable hours.  Accordingly, their pocketbooks are much fatter than the Plaintiff and the attorneys who represent them.  Now, I do think there should be a cap for punitive damages, and it should be based upon an individual entity or corporations' holdings and assets.  A 7 million award for punitive damages may put a smaller entity out of business, but to a major coroporation, it is the equivalent of one executive bonus. ::)

[Mr T]

I wonder what will happen to the hospital in LA that scanned thousands of heads with a scanner that hadn't been calibrated since February of 2008?

This may finally bring the radiation problems to light.  Actually I think they will bury it, but maybe, just maybe, someone will be angry enough.  They can call me.  I will scream with them.

I wonder if the hospital will warn them about what is going to happen to their jaws and teeth?  Let us not forget the permanent burns, or the thyroid cancer, or the salivary gland cancers, or the bone/brain/skin cancers or the loss of their eyelashes and hair!

How can they forget to check the scanner output for months and months?  What the he@@ are they doing?  Who is going to pay for all these teeth?

[Whoo]

You KNOW that hospital won't; they'll drag their feet on everything because they can afford to. :mad:  They would rather pay their lawyers $250 an hour or more to do the dirty work and starve people out. :mad:

[Hagrid]

I think it is the annual amount they are talking about.  On one of the plans it came up for me to be this:

Actual annual plan premium:  $5,428. 
(age factor = ) 
Cap on premium as % of income:   
Person/family premium payment: $877.   
% of total premium paid by person/family:   
Person/family payment as % of income:   
Government subsidy:   $4,550.

When I first read this, it came across as  877/mo.  since that is how I pay my insurance, (on everything) by the month. I don't think of it as by the year.  It looks like this calculator is showing everything for all concerned on an annual basis, complete total, amt. the individual pays, and what the government pays, by the year.  When you add the 877 with the 4550, you come up with the full amount, 5428.

That makes it a lot better than it looked at first.  I know healthcare is expensive, but good grief! lolol

In this plan, I'd pay about 70/mo.  That's cheaper than a private policy from a company at this time.

So right you are! With all the gritching and moaning coming from the Blue Meanies who want to keep things exactly as they are - these numbers make it resoundingly clear that Obama's plan makes healthcare affordable to the vast majority of Americans.

It's a no-brainer at this point. I'm all for it. Let's go withi it. No time realy to take a wait-and-see approach. No time like the present. Let's get on with it and move on to the next issue, making U.S.  businesses go GREEN. Hey, Kermit the Frog is already on board for that one and he carries a lot of influence in the circles he runs in.  ::D: :8):