US uninsurance rate drops to 13.4%, record low (user search)
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  US uninsurance rate drops to 13.4%, record low (search mode)
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Author Topic: US uninsurance rate drops to 13.4%, record low  (Read 4517 times)
Sbane
sbane
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« on: July 16, 2014, 09:25:32 PM »

US uninsurance rate drops to 13.4%, record low

The threat of a fine of several hundred dollars has an effect on consumer habits.  Who knew?


It's actually $95 this year.
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Sbane
sbane
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« Reply #1 on: July 16, 2014, 09:36:21 PM »

US uninsurance rate drops to 13.4%, record low

The threat of a fine of several hundred dollars has an effect on consumer habits.  Who knew?


It's actually $95 this year.

^Pretty sure that is the lowest it could be.  It is a percentage of your income with a cap that increases yearly.

Yeah, you are correct.
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Sbane
sbane
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« Reply #2 on: July 16, 2014, 09:41:28 PM »

I have insurance because of it and I am immensely grateful.

I think most people in this forum, unless they got covered by the Medicaid expansion or through their parents, lost out because of the ACA. I will actually have to pay more than double the amount I pay for insurance next year because of the ACA.
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Sbane
sbane
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Posts: 15,329


« Reply #3 on: July 17, 2014, 07:28:49 AM »

I have insurance because of it and I am immensely grateful.

I think most people in this forum, unless they got covered by the Medicaid expansion or through their parents, lost out because of the ACA. I will actually have to pay more than double the amount I pay for insurance next year because of the ACA.

As a self-employed freelancer, I too have insurance solely because of the ACA. Best of all, it's at a significantly lower rate than when I had to make COBRA payments several years ago.

I bought insurance from the individual market last December and it was much cheaper than I thought it would be. Of course, it doesn't cover pre-existing conditions or maternity coverage, but it covers everything else after a $2,500 deductible. The plan is grandfathered in till this December but after that I must buy from the exchange. Those plans have premiums that are double what I am paying currently, and a higher deductible. My experience with the individual market was surprisingly pleasant and I would like the option of not having to pay for maternity coverage, which is not an option on the exchange plans.
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