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ACA health insurance will cost the average person 75% more next year, research shows (Original Post) sabbat hunter Friday OP
It is a big beautiful increase dalton99a Friday #1
I've been trying to figure this out all morning and I'm still confused. Ellipsis Friday #2
The original ACA legislation limited premium tax credits to those making less than 400% of the federal poverty level GregariousGroundhog Friday #3
Thank you. Ellipsis Friday #5
+1 leftstreet Friday #6
Just to clarify sabbat hunter Saturday #13
This message was self-deleted by its author chowder66 Friday #4
"Sorry, not sorry, suckers." - G.O.P., Inc. BoRaGard Friday #7
This will piss off plenty of old magats. GoodRaisin Friday #8
Apparently you have never been fired or laid-off from a job and had your insurance disappear because of it. h2ebits Friday #10
Umm...yes. GoodRaisin Friday #11
That's Republican efficiency IronLionZion Friday #9
in this case sabbat hunter Saturday #12
So much winning . . . Vinca Saturday #14
Here is a good calculator on how this might impact you: W_HAMILTON Saturday #15

Ellipsis

(9,333 posts)
2. I've been trying to figure this out all morning and I'm still confused.
Fri Jul 18, 2025, 11:20 AM
Friday

I get that rates are going. What about premium tax credits?

GregariousGroundhog

(7,587 posts)
3. The original ACA legislation limited premium tax credits to those making less than 400% of the federal poverty level
Fri Jul 18, 2025, 12:12 PM
Friday

At some point, the subsidies were extended so that premiums were capped at 8.5% of income, no matter how high a person's income became. With that provision sunsetting, those making more than 400% of the FPL are ineligible to be reimbursed for any share of the premiums. This means that a single person making $62,399 per year will have their monthly premium capped at $442, whereas a person who makes $62,401 per year will receive no subsidy; a scenario known as the "subsidy cliff", where earning just $1 more results in a person being expected to cough up several hundred dollars a month more in premiums. It creates a perverse incentive that makes people work fewer hours or to decline a pay raise in order to stay under the cap.

sabbat hunter

(7,012 posts)
13. Just to clarify
Sat Jul 19, 2025, 02:39 PM
Saturday

I am pretty sure that the $62,399 number is AGI, not gross income. It makes it a tiny bit better. Not a lot but a tiny bit.

Response to Ellipsis (Reply #2)

GoodRaisin

(10,345 posts)
8. This will piss off plenty of old magats.
Fri Jul 18, 2025, 12:48 PM
Friday

They will no longer be able afford their insurance without such large subsidies.

h2ebits

(912 posts)
10. Apparently you have never been fired or laid-off from a job and had your insurance disappear because of it.
Fri Jul 18, 2025, 02:00 PM
Friday

Also, there are a number of companies that do not offer insurance to their employees and without the ACA, the employees do not have any insurance available to them.

Having been in the position of multiple layoffs over my career (with a family to support), it was no joke to not have any insurance available.

The day that I hit 65 was an extraordinary day of happiness because I no longer had to worry about having health insurance--I was eligible for Medicare.

Millions of people are in the same boat that I was.

What is happening in this country is a tragedy that just keeps happening to ALL of US.

GoodRaisin

(10,345 posts)
11. Umm...yes.
Fri Jul 18, 2025, 10:48 PM
Friday

This is why the magats that voted to lose their own insurance will be pissed off.

No?

IronLionZion

(49,473 posts)
9. That's Republican efficiency
Fri Jul 18, 2025, 01:35 PM
Friday

Making prices great again in an upward fashion to help companies make more money. Profit over people.

sabbat hunter

(7,012 posts)
12. in this case
Sat Jul 19, 2025, 02:38 PM
Saturday

it is who is paying the insurance companies. The government used to subsidize the payments. Now it will fall directly on people who use ACA with AGI over ~$62k. So they were making profit over people either way.

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