Talk of The Villages Florida - View Single Post - Medicare Premium Increases
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Old 07-05-2023, 03:03 PM
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Originally Posted by Chi-Town View Post
I get a kick out if those who dispise Obamacare (ACA) but enjoy its benefits. Kind of like the politicians who boast about the infrastructure bill but voted against it.
In general, people who like Obamacare are those with lower incomes who get either free or substantially subsidized insurance depending on their level of income relative to the national poverty level. People who typically despise Obamacare are those whose income is above 400% of the national poverty level. Those people aren’t eligible for subsidies and have to pay outrageously high premiums because someone has to pay for the people who are getting the subsidies. Before Obamacare, I was paying less than $300 a month for great insurance (not through an employer) with both a low deductible and max out of pocket. After Obamacare, my insurance went up over 400% for an inferior plan with a much higher deductible and max out of pocket. Who in their right mind would not despise that?