Politics and Money

[lesgetrich]

Do you really think that 64 yr. old guy is going to earning only $28,500 in 2026 - NINE years from now?

You're not making sense again. That 64 year old guy would be on Medicare a year from now. But assuming another guy making $28,500 adjusted for inflation in nine years.

What would that 64 yr old's premiums be under Obamacare in nine yrs?

Obamacare alots subsidies based on income relative to the Federal Poverty Level (FPL) which is adjusted each year for inflation. So, someone with the equivalent income, adjusted for inflation, would still have a cap on their premium payment which, for a single guy making the equivalent of 28,500/year, would be a maximum of 4% (since their income is between 150% and 300% of the poverty level). In other words, their subsidy would be calculated to reduce their premium payment to 4% of their income, whatever that is. They would get an additional cost sharing subsidy to help with deductibles and out of pocket costs. Assuming no changes to Obamacare, they should be paying the same percentage of their income for health care in 9 years as the 64 year old is today.

With only some 9MILLION Obamacare subscribers left in 2017, I would guess there will be some $5Million left in 2018.

Only if republicans succeed in sabotaging and/or repealing it.