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The New DU. Reply #21: $300 per month doesn't sound correct. Was that just an example?
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eomer
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Fri May-06-11 06:55 AM
Response to Reply #20 |
| 21. $300 per month doesn't sound correct. Was that just an example? |
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You provided a link to your Myspace page, which says you're a family of 4 and your income is less than $30,000.
The new law has a federal subsidy for people at that income level; the subsidized premium to be paid by an individual with those facts would be less than 3% of gross income so the monthly premium for you would be less than $75 per month.
(Caveat: The above is based on a quick reading of the new law Sec. 243 Affordability Premium Credit. Please correct me if I've made a mistake in reading or applying it.)
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