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How much will health Insurance in Utah cost a family of 5 in 2014 without subsidies?

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How much will health Insurance in Utah cost a family of 5 in 2014 without subsidies?

Postby dougal49 » Thu Jun 13, 2013 9:36 am

My employer has mentioned he will likely have to drop health insurance coverage due to the rate hikes on his small and "young" business due to Obamacare. I was wondering what am I looking to pay out on my own with the new Obamacare legislation. I doubt I'd qualify for any subsidies because I make around $80k a year.
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How much will health Insurance in Utah cost a family of 5 in 2014 without subsidies?

Postby montague » Thu Jun 13, 2013 9:41 am

The subsidies will be available to anyone making up to 400% of the federal poverty level. That means if your household income is $80K a year, you will still qualify for some subsidies.

While the actual prices and plans will not be known until later this year, there are calculators that can give you an estimate. According to the calculators below, a family of five with income of $80 grand a year can expect to pay a little over $600 a month, or $7,370 a year, for a "silver" plan in the insurance exchange.

http://kff.org/interactive/subsidy-calculator/
http://laborcenter.berkeley.edu/healthpolicy/calculator/
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How much will health Insurance in Utah cost a family of 5 in 2014 without subsidies?

Postby devisser » Thu Jun 13, 2013 9:44 am

The subsidies will be available to anyone making up to 400% of the federal poverty level. That means if your household income is $80K a year, you will still qualify for some subsidies.

While the actual prices and plans will not be known until later this year, there are calculators that can give you an estimate. According to the calculators below, a family of five with income of $80 grand a year can expect to pay a little over $600 a month, or $7,370 a year, for a "silver" plan in the insurance exchange.

http://kff.org/interactive/subsidy-calculator/
http://laborcenter.berkeley.edu/healthpolicy/calculator/
Obama has estimated that the Bronze level plan, which covers 60% of your medical bills (but 100% of your birth control!) will cost the average family around $21,000 a year.

The answer above, isn't using the "actual" numbers, but rather the propaganda numbers used to try to get the bill passed. As the average "grandfathered" family plan costs around $15,000 a year, the $20,000 number is realistic, considering preexisting conditions will no longer be able to be excluded, and there can be no "lifetime caps" of $2,000,000 per person. More coverage, means more premium. It's second grade math.
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How much will health Insurance in Utah cost a family of 5 in 2014 without subsidies?

Postby bryten24 » Thu Jun 13, 2013 9:56 am

Health Insurance in Utah cost a family of 5 in 2014 without subsidies will depend upon city where you are
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