Compass
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Obamacare Enrollees Face a Rude Awakening in Two Weeks
Investor's Business Daily Oct. 19, 2016 "[O]verall, nearly a third of the counties in the U.S. will have only one insurer.... [In Illinois] the average increase for a Silver plan is 45%. The average for the cheaper Bronze is 44%. The biggest hike in the state is 84%, and the smallest is 20% ... In Nebraska, the average premium hikes for the two remaining insurers in the state are 41% and 55% ... A 25-year-old living in [California] who makes $18,000 a year will end up paying an average of $1,080 a year -- after subsidies -- for a Silver plan that comes with $3,000 in deductibles ... That means they'll have to spend roughly 20% of their income on premiums and medical bills before seeing a dime in benefits. For a 40-year-old who makes more than $47,500 -- and won't be eligible for any subsidies -- the cheapest Bronze plan will cost $2,412 a year, and come with $6,800 in deductibles." |
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