This is silly. PART of the point is to reduce the number of uninsured. Part of the point is to reduce the cost to current enrollees. About 2/3 of the projected cost is to cut premiums for those already enrolled.
Employers cover ~65 - 70% of premiums for their employees.
Employers cover ~65 - 70% of premiums for their employees.
https://twitter.com/brian_blase/status/1361824984742703106
Kaiser says avg. cost of employer-sponsored insurance is $7,200/yr for single people & $20,500/yr for families.
By comparison, an avg. ACA plan is $6,900/yr per person.
acasignups.net/rate-changes/2…
By comparison, an avg. ACA plan is $6,900/yr per person.
acasignups.net/rate-changes/2…
Of course, employer coverage also tends to be more generous (Gold+, ~80% of costs covered) vs. avg. ACA plans which tend to be Silver (70% of costs covered), but the point is they're in the same ballpark.
ACA subsidies effectively amount to the same thing as employer subsidies.
ACA subsidies effectively amount to the same thing as employer subsidies.
FWIW, anyone whining about #ACA subsidies being "wasteful federal spending" should know that the federal government spends $273 billion per year by NOT charging payroll taxes on the employer portion of employer-sponsored insurance.
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