Sunday, October 13, 2013

Why not work less?

If you've gotten through to the Obamacare exchanges, you've seen possible rates.
And whether or not you can get a subsidy.
The San Francisco Chronicle has some advice on getting to the subsidy.
Goof off.
Let's find out how much this family will save.
Proctor estimates that her 2014 household income will be $64,000, about $2,000 over the limit. If she and her husband could reduce their income to $62,000, they could get a tax subsidy of $1,207 per month to offset the purchase of health care on Covered California.
That would reduce the price of a Kaiser Permanente bronze-level plan, similar to the replacement policy she was quoted, to $94 per month from $1,302 per month. Instead of paying more than $15,000 per year, the couple would pay about $1,100.

Guess who makes up the difference?

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