Thursday, September 28, 2017

In 47 of 50 Cities, Obamacare Coverage Will Be ‘Unaffordable’ in 2018 By Law’s Own Definition

Via Billy

On average, a family of three will have to earn a six figure salary for coverage to be affordable

In 47 of 50 cities in 2018, the cost of Obamacare's lowest-priced plan would be deemed "unaffordable" by the Affordable Care Act's own definition, according to a study from eHealth, Inc.

Under the Affordable Care Act, health insurance becomes unaffordable when the lowest-cost plan costs more than 8.16 percent of a household's gross income. Usually people who fall in this category can get an exemption from paying Obamacare's individual mandate.

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