Re:A lot of “idiotic” things have reasonable explanations (2...
by lotsofpulp on Wednesday May 27, 2020 @02:00PM
(#23327212)
Regarding #1, I meant that people can't afford it. Bronze plans are designed to only pay 60% of expected healthcare costs, and still cost $1k to $2k per month per family, and have an out of pocket cost of ~$13k+ per year.
Generally, if your employer doesn't offer subsidized health insurance, then it means you're not paid much as it is, so adding premiums that cost $10k to $20k per year plus needing $13k per year saved for OOP costs (double that if you have a problem at the end of the calendar year) is a tall order.
And yes, you get premium subsidies if you make less than a certain amount, but it's no where near a comfortable life. The government makes sure you are right on the edge of being able to afford the basics.
Generally, if your employer doesn't offer subsidized health insurance, then it means you're not paid much as it is, so adding premiums that cost $10k to $20k per year plus needing $13k per year saved for OOP costs (double that if you have a problem at the end of the calendar year) is a tall order.
And yes, you get premium subsidies if you make less than a certain amount, but it's no where near a comfortable life. The government makes sure you are right on the edge of being able to afford the basics.