We The People

We The People

Sunday, November 6, 2016

Many Singles Will Pay at Least $2,484 a Year in Obamacare Premiums

Many Singles Will Pay at Least $2,484 a Year in Obamacare Premiums:

"For a single, non-smoking adult aged 21 to 29 with no dependents, the U.S. average premium for those making an annual salary of $30,000 is $207 a month, or $2,485 annually, even after receiving subsidies from the federal government.

For individuals in this demographic who are between 21 and 26 years of age, the tax subsidies stop after one earns a salary of $36,000 or more, meaning the cost of premiums would increase to $282 a month, or $3,384 a year."