Reply #4: Not true.

[lapfog_1]

He doesn't yet know what the costs will be.

What he is talking about are subsidies, which are tied to the federal poverty level.

What he is saying is that IF you are under the multiplier of the federal poverty level (at the very top of that income) the most that HE BELIEVES (based on CURRENT premiums) that you would pay is 8% of gross income.

However, it is likely over the next 4 years that premiums will rise. The cap for subsidies is set and will only rise if the federal poverty level rises. Premiums have, traditionally, greatly outstripped inflation (they are one of the biggest contributors to inflation).

So, it's not true.

My own math shows it to be more like 17% of gross income (for an older American, like me). Which is out of reach in my world. Just as out of reach as the current system.