If you look closely I believe you will see I said my income. My wife has made some income this year (she worked three weeks) and disability won't kick in until July 20, at the soonest but it will still be 2014 household income.
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Originally posted by: ChilcootAt a $65,000 income, which
you described as a "high side" estimate for your family this year, your family's monthly premium subsidy will by almost $500 a month for a plan that covers a family of four. No way will your premiums his "roughly 10k" a year on an unsubsidized policy with the $756 unsubsidized monthly premium amount when the government is paying over half the premium. ($756 monthly premium - $450 monthly subsidy) X 12 months = $3672 a year in premiums, not $10,000.
As for prescription drugs, it's true they have their own cap for 2014. Next year, they'll be folded into the general out-of-pocket cap.
However, for a typical silver plan in Indiana like this one from Anthem, the copays and coinsurance are tiny for the vast majority of people.
Now, if your family consumes over $127,000 a year in specialty drugs, yes you will be subject to two $12,700 out-of-pockets this one year, it's true. But what's the alternative? You pay $12,700, and insurance pays the remaining
$114,300, plus another $6,000 in premium subsidies, plus who knows how many
tens or hundreds of thousands for your primary care physicians, specialists, emergency room care, and inpatient facilities and physicians.Is Obamacare perfect? Definitely not. Is it an unbelievable godsend for very, very sick people like you and your wife?
Without question.
