Charles Gaba ✡️ Profile picture
Healthcare data analysis, advocacy & snark 🐘 https://t.co/ol5x7WaYzF 🐳 https://t.co/WKpeWRMksN 🧵 https://t.co/hQQ3vS7OlT

Apr 1, 2021, 12 tweets

📣 Now that the #AmRescuePlan's expanded #ACA subsidies are live in most states, I'm reposting this thread with some examples of how much YOU could save if you #GetCovered today!
acasignups.net/21/03/14/new-h…

EXAMPLE 1: A single 26-yr old living by themselves will save up to $123/mo on avg...and if they earn less than $19K/yr, they're eligible for a FREE #SecretPlatinum plan (technically it's Silver, but w/generous cost-sharing subsidies making it the equivalent of Platinum).

EXAMPLE 2: A single 40-yr old will again save up to $1,480/yr on avg., and again, can get a #SecretPlatinum plan either for FREE (if they earn up to $19K/yr) or for as little as $43/mo if they earn up to $25.5k/yr:

EXAMPLE 3: A single 50-yr old. At $51K/yr income, you start to see the infamous #SubsidyCliff...which was just eliminated by the #AmRescuePlan for the next 2 yrs. (Next step: Permanently #KillTheCliff!)

They'll save up to $270/mo or up to $3,200/yr.

EXAMPLE 4: A single 64-yr old, presumably biding their time until they qualify for Medicare. Before the #AmRescuePlan, if they earned just over $51K/yr, they'd have to pay as much as 25% of their income in premiums. Now they'll pay no more than 8.5%...saving up to $8,300/yr.

EXAMPLE 5: A 30-yr old Single Parent w/1 child. Families get complex because CHIP may be available, but otherwise they'll save up to nearly $2,000/yr. Again, they qualify for #SecretPlatinum for FREE under $26K or for less than $58/mo if they earn up to $34.8K/yr!

EXAMPLE 6: A family of four: A 40-yr old Couple with 2 kids. Again, disregarding CHIP, they'll save up to $610/mo or over $7,300/yr on average.

EXAMPLE 7: Empty Nesters: A 50-yr old couple w/1 college-age child on their plan. Before now, you can absolutely see why they called it a #SubsidyCliff. Thanks to the #AmRescuePlan, they could save up to $12,000/yr depending on where they live and their annual income:

EXAMPLE 8 (THIS ONE WILL BLOW YOUR MIND): A 60-yr old Couple. Until now, if they earned just a little over $70,000/yr, they'd have to pay an insane 33% of their *total income* on premiums alone.

At that income, the avg. 60-yr old couple will save over $17,000/yr. Not a typo.

Remember, any household earning less than 150% of the Federal Poverty Level qualifies for a FREE #SecretPremium (aka "Silver plan w/CSR"), while households earning 150 - 200% FPL can get #SecretPremium for less than 2% of their income: acasignups.net/21/04/01/milli…

Anyway, if you find my work helpful and want to support it, you can do so here, thanks! acasignups.net/donate

UPDATE: Here's some REAL-WORLD examples of people saving money on #ACA plans thanks to the #AmRescuePlan!
acasignups.net/21/04/02/heres…

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