BuckToothMoron
Gold Member
- Apr 3, 2016
- 9,909
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Since we have high taxes, state at 4.25%, no fault auto, gas increase, most cites have local income tax, and sales tax of 6 pushing 7cents.
We should all be covered with good health care: Pres. Obama thank you, for finally do something about health insurance. The Pubs had their chance, plenty of times, but chose to ignore it. Insist the ACA is here to stay and write your congressmen.
Impact of the Affordable Care Act in Michigan
That's awesome for you Penelope. Let me ask you, are you one of the takers who gets subsidized insurance, or do you pay your fair share and then some?
Obamacare rates to jump 16.7% in Michigan despite state scrutiny
The sticker price for individual health plans sold on Michigan's Affordable Care Act exchange will jump 16.7% next year under new rates announced Monday by state officials.
The rates will be in effect Nov. 1, when open enrollment starts again on Healthcare.gov.
The double-digit increases will mean a financial hit for taxpayers in general, as well as some of the 393,322 Michiganders who currently buy individual health insurance on or off the government-run exchange.
Requested versus approved rate increases for individual health plans in Michigan
Most people in Michigan who buy through the exchange do not pay full sticker price because they qualify for the Affordable Care Act's tax credit subsidies, which increase as the premiums increase. That means taxpayers will ultimately foot the bill for the higher cost of insuring people who get subsidies.