Sunday, December 2, 2012

Unaffordable Cost Seen for Some Under Affordable Care Act

 

"To - - - - -    - - - - - - - -, President Barack Obama’s Affordable Care Act means she can no longer be denied health insurance because of her lymphatic cancer.

There’s a big catch: Coverage for the 28-year-old artist and many other Americans without insurance will come at a potentially unaffordable cost.

A family of four earning $75,000 will pay $7,125 in annual premiums and as much as $8,333 in co-pays and deductibles, according to a preliminary estimate by the Kaiser Family Foundation. A single 40-year-old earning $30,000 will pay $2,509 in premiums and as much as $3,125 in cost sharing. For a 60- year-old making $40,000, the amount will be $3,800 in premiums and up to $4,167 in out-of-pocket costs, according to Kaiser.  "     [Bloomberg]

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