Post #31299 by intercst on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (9)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

<< The original subsidies were quite generous as long as you didn't hit the subsidy cliff by going over 400% of federal poverty level.>>

But not in the states that refused to do the Obamacare Medicaid expansion. Your subsidy disappears at 138% of FPL. That's why the premiums are doubling (or more) for low income people in the 12 largely "Republican States".

It's also one of the reasons rural hospitals in Texas are closing -- you'd have an additional $9 billion flowing to the state if they were doing the Obamacare expansion.

intercst

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (9)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.