No. of Recommendations: 3
What people don't understand is that Medicaid is much better coverage then Obamacare. And that for someone just above the poverty level, the Obamacare tax credit is more expensive than putting that person on the Medicaid rolls.Medicare is far better coverage. I guess Medicare is also. ACA plans for us have a shockingly narrow network. For some services there is no provider and we pay out of pocket.
From Google (via KFF): The national average cost of Medicaid is approximately $7,900 to $8,100 per enrollee per year in combined federal and state spending.
You play with different ACA scenarios here:
kff.org - Subsidy calculatorIn my area, a 60-year old single man could get a Silver plan for $12,310 per year, Bronze for $9,068 per year. Cheaper than the Medicare cost ($18,900), more expansive than Medicaid.
