So is
it in dispute
that ACA premiums
could more than double
without the extension
of the enhanced tax credits?
They'll definitely go up.
The share that you're
responsible for
for paying goes up
if those subsidies expire.
How much
depends a lot
on your income level.
And in particular
we could maybe
think about
a nice example here.
So take a
50-year-old couple
so a married couple
in Wisconsin, 50 years old
no children.
They're facing
a total premium
of about $18,000
for a middle
middle plan
this year in the
ACA Marketplace in Wisconsin.
If they had the enhanced
tax credits
and they made $85,000
or more a year
so that's 400% of
the federal poverty line
they'd get about
$11,000 subsidy
and they'd
have to pay about
$7,000 themselves.
So if those subsidies expire
they're on the hook
for that whole $18,000.
So that's an $11,000 increase.
Now, for people
who have lower incomes
the subsidies
protect them more
even if the enhanced
subsidies expire.
So let's take that
same family and move them
way down the income spectrum
make them at $25,000.
Now they're just above
the poverty line.
In the enhanced subsidies
they don't pay
anything for that
middle-tier plan.
They're paying zero.
But without them
they're paying
about $500 a year
so about a $500 increase.
So that range
you know, in the ballpark
some it's $500 a year
some people it's $10,000
or more a year.