From an article on CNN web site aobut health insurance.
So if I make $30,000 a year, I have to buy health insurance by law. According to the article, the average premiums per year is $3,500.00. [Kaiser] That’s about $290.00 per month. with the subsidy of $850.00 I still have to pay $220.00 per month for health insurance.
My car payment is that much. So now I have to take the money I would buy a car with and buy health insurance because its the law. And, I have to send my money to a private insurance company whether I want to or not. Pretty soon, by law, I’ll have to buy an american made car, and be told how much I have to spend to buy it.
I can see the car industry sales tanking more than it already has. No one is going to be able to afford a new car when health insurance payments cost as much even with a subsidy.
Somethings not right about this and the american people don’t seem to realize we are being told we must buy something from a private company by law.
See the article here:
http://www.cnn.com/2010/HEALTH/03/25/health.care.law.basics/
3. You could get a subsidy to buy insurance if you make less than $88,000 per year for a family of four.
How the health care bill could affect you RELATED TOPICS
Health Care Costs
Health Care Issues
Health Care Policy
Health Care Reform
Starting in 2014, the health care reform bill provides subsidies for people who don’t get insurance from their employers and therefore have to buy it on their own. The size of the subsidy depends on your income, whether you’re single or have a family, your age, and where you live.
Here are a few examples:
? A 40-year old individual making $30,000 a year in a medium-cost area of the country will get an $850 subsidy toward buying a policy, which should cost about $3,500, according to a Kaiser Family Foundation subsidy calculator.
? A 40-year-old in the same city who has a family of four and is making $60,000 will get a $4,220 subsidy toward a policy that costs $9,435.
You can estimate your own subsidy by using the