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NewsFeeder
07-31-2013, 07:10 AM
Can Obamacare Help Detroit Save Money?



http://us.rd.yahoo.com/finance/external/xwscheats/rss/SIG=12g7urtid/*http://wallstcheatsheet.com/stocks/can-obamacare-help-detroit-save-money.html/?ref=YF

RealMoneyIssues
07-31-2013, 08:32 AM
Can Obamacare Help Detroit Save Money?



Can Obamacare Help Detroit Save Money? | Wall St. Cheat Sheet (http://us.rd.yahoo.com/finance/external/xwscheats/rss/SIG=12g7urtid/*http://wallstcheatsheet.com/stocks/can-obamacare-help-detroit-save-money.html/?ref=YF)


For example, according to estimates provided by the Kaiser Family Foundation’s Subsidy Calculator, a 60- year-old woman with an annual income of $40,000 would pay a premium of about $3,800 for a so-called “Silver” or mid-priced plan, a price that factors in a $4,391 subsidy. Then additional, out-of-pocket costs must be considered as well.

Sounds like a substantial tax on all Americans...

Subsidy = More Taxes