- Wed Feb 05, 2014 12:47 am
Y'all are crazy. I wasn't sure how this was going to work, but now I'm sort of sold on it.
I signed up for Obamacare. They was gonna tax me if I didn't. But, I'm also an independent contractor and fairly good at my taxes. Turns out I made just within 133% of the poverty level in 2013. IRAs are your friend. For those of you who are familiar with Obamacare, what that means is that I qualify for the maximum premium tax subsidy, the maximum out-of-pocket subsidy, and the maximum shared cost subsidy. Trifecta!
You need to be within 100% to 133% of poverty level to hit all three at maximum levels, fyi.
So, what I did is chose the plan with the absolute highest deductible and lowest premiums that was available to me. Because of the maximum out-of-pocket subsidy, I will never pay more than $2,000 of the $10,000 deductible my plan is supposed to have. They really overlooked that one, cause that saved me about $75/month in premiums. Also, I will only pay up to $250 in copays per year. Once I hit that level, all of the copays above and beyond that level are picked up by the shared cost subsidy. Not that it matters, actually, cause I get $200 of my $218 monthly premium paid for by the premium tax subsidy. So, here is my 28 year old "young invincible" ass, paying $18 a month with a maximum of $250 in copays and maximum total out of pocket at ~$2K.
Does anyone agree that people like me will bankrupt this system? This is simply unsustainable. It's a fucking pipe dream. I'm supposed to be the one funding this - my generation. I bet they can't even process my fucking paperwork for the $216 in premiums they'll get from me this year.
It's broken. It is so broken its laughable, but not really.
"Do you think it is real? I bet it is hard and soft, like hard muscle but really smooth skin. I bet it is real nice." - midstream