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Health care plan faces affordability concerns for middle class
A Kaiser Health Reform Subsidy Calculator shows middle class families could pay substantial premiums even with tax credits. A 45 year old in a $63,000 family of four would owe $7,110 for a policy worth $11,080, with a $3,970 credit, while co payments and deductibles could raise costs further. The Senate Finance Committee aims to cut subsidies to hit a $900 billion ten year target, increasing premiums for those buying coverage.
MENTIONED IN THIS ARTICLE
Washington, D.C
Barack Obama
Congress
Tom Carper
Del
Olympia Snowe
Maine
Senate Finance Committee
Kaiser Family Foundation
Max Baucus
D-Mont
Kaiser
Congressional Budget Office
Drew Altman
Obama