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20 Things to Know about the ACA (Obamacare) September 23, 2013

Posted by Admin in Health Insurance, Healthonymous, Money.
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A special section was published in The Seattle Times on September 22nd and has valuable information for Washingtonians and others.

One valuable section of the ACA allows for subsidies:

If you make up to $45,950 ($94,200 for a family of four) you may get a subsidy that will decrease your premiums.

Some of us will just be happy to save a few bucks per month to apply to our increased deductibles. I’m not blaming the ACA for that-your $250 deductible (as recently as 5 years ago) seems to be gone forever.

However, people who earn less than an adjusted gross income of $45,950 per year may very well immediately reallocate any savings  to other parts of their budget. Deductibles, groceries, retirement savings.  This could be good for our collective economy.
Here is one link to a subsidy calculator that anyone from across the country can use.

If you receive a subsidy how will you use the money you save? Tell us in the comments.

 

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