About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

Analysis of Exchange Subsidies and Enrollee Payments in 2016: Senate Finance Committee Chairman's Mark as Needed [i] (October 2009)

handle is hein.congrec/cbo9357 and id is 1 raw text is: Analysis of Exchange Subsidies and Enrollee Payments in 2016 Senate Finance Committee Chairman's Mark as Amended Estimates for Second-Lowest-Cost Silver Plan Single Policy Family Policy Actuarial Value 70% 70% Average Premium $5,000 $14,700 Avg. Cost Sharing $1,700 $5,100 Single Person Premium Cap as a Share of Income / a,b Enrollee Middle of Premium for Income Low-Cost Range / c,d Silver Plan Premium Subsidy (share of premium) Average Cost- Sharing Subsidy Average Net Cost Sharing I I- I 2.1% - 4.8% 4.8% - 7.5% 7.5% - 10.1% 10.1% - 12.8% 12.8% 12.8% n.a. $ $ $ $ $ $ $ 14,700 $ 20,600 $ 26,500 $ 32,400 $ 38,300 $ 44,200 $ 50,100 $ 500 1,300 2,300 3,700 4,900 5,000 5,000 90% 74% 54% 26% 2% 0% 0% $ $ $ $ $ $ $ 1,200 $ 700 $ - $ - $ - $ - $ - $ 500 1,000 1,700 1,700 1,700 1,700 1,700 Enrollee Premium + Avg. Cost Sharing Percent of Dollars Income $ $ $ $ $ $ $ 1,000 2,300 4,000 5,400 6,600 6,700 6,700 7% 11% 15% 17% 17% 15% 13% Family of Four Premium Cap as a Share of Income / a,b Enrollee Middle of Premium for Income Low-Cost Range / c,d Silver Plan Premium Subsidy (share of premium) Average Cost- Sharing Subsidy Average Net Cost Sharing I I- I 2.1% - 4.8% 4.8% - 7.5% 7.5% -10.1% 10.1% - 12.8% 12.8% 12.8% n.a. $ $ $ $ $ $ $ 30,000 $ 42,000 $ 54,000 $ 66,000 $ 78,000 $ 90,100 $ 102,100 $ 1,000 2,600 4,800 7,600 10,000 11,500 14,700 93% 82% 67% 48% 32% 22% 0% $ $ $ $ $ $ $ 3,600 $ 1,900 $ -$ - $ - $ - $ - $ 1,500 3,200 5,100 5,100 5,100 5,100 5,100 Enrollee Premium + Avg. Cost Sharing Percent of Dollars Income $ $ $ $ $ $ $ 2,500 5,800 9,900 12,700 15,100 16,600 19,800 8% 14% 18% 19% 19% 18% 19% Source: Congressional Budget Office and the Staff of the Joint Committee on Taxation. NOTES: All dollar figures have been rounded to the nearest $100; n.a. = not applicable; FPL = federal poverty level. a) In 2013, the income caps would range from 2% to 12%; in subsequent years those caps would be indexed. b) In 2016, people would be exempt from the mandate penalty if they had to pay more than 8.5 percent of their income for insurance. c) In 2016, the FPL is projected to equal about $11,800 for a single person and about $24,000 for a family of four. d) Under the proposal, subsidies would generally be based on income data from enrollees' tax returns. 10/9/2009 Income Relative to the FPL 100-150% 150-200% 200-250% 250-300% 300-350% 350-400% 400-450% Income Relative to the FPL 100-150% 150-200% 200-250% 250-300% 300-350% 350-400% 400-450%

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most