Thread by @charles_gaba

The Washington Post is reporting that "Obamacare premiums are rising 4%" based on @KFF's estimate that *benchmark Silver premiums* are increasing by around 4% in 2023 vs. 2022. 1/ washingtonpost.com/politics/2022/…

That's an important distinction, as *overall* #ACA premiums are increasing by a bit more than that (around 6.2% across 32 states + DC): 2/ acasignups.net/22/10/26/updat…

However, the reality is that for the vast majority of #ACA enrollees, premiums won't be going up by either 4% or 6.2% thanks to the premium tax credits (aka financial subsidies) provided for by the #ACA which are dramatically enhanced by the #InflationReductionAct. 3/

In fact, if you earn < 150% of the Federal Poverty Level, you're eligible for a $0-premium #SecretPlatinum plan (aka "CSR Silver"...they're branded as Silver plans but are actually the equivalent of a Platinum plan in terms of deductibles/co-pays/etc. 4/

acasignups.net/22/03/22/milli…

If you earn 150 - 200% FPL, you're ALSO eligible for a #SecretPlatinum plan for no more than 2% of your income (no more than $34/mo if you're single & earn $27K/yr, or no more than $93/mo for a family of 4 earning $55.5K/yr). 5/

What if you earn MORE than 200% FPL, however? Well, thanks to #SilverLoading (aka "Premium Alignment" via @greg_fann), MILLIONS of people can get GOLD plans for *less* than Silver after subsidies are applied. In many cases they can get a FREE Gold plan. 6/
acasignups.net/21/05/15/my-si…

In fact, in 2023, according to @bjdickmayhew, over 1/3 of all HCgov subsidy-eligible enrollees could get a Gold plan for $0/month.

Many of these also eligible for the $0 #SecretPlatinum as well, but it's still a #BFD.

https://twitter.com/bjdickmayhew/status/1585792653232414722

Anyway, I discuss this and much more at my updated 2023 #ACA Open Enrollment Period tip list. Open Enrollment has already started in Idaho & opens in other states starting Tuesday: acasignups.net/22/10/27/its-t…