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Low-Cost Insurance Offer Limits Federal Subsidies for Portland Buyers
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The implementation of the new U.S. Health Care Law in 2014-2016- the situation for people ages 18-34 in Oregon
09/17/2010
For uninsured young people earning about 17,000 the law provides deductibles as low as $100 and premiums of about $50 a month because of federal subsidies. For uninsured young people earning about $29,000 the deductible is about $6300 and the premiums higher at about $147, making it easier to pay the federal penalty of $150 for not carrying insurance in 2016 and buying insurance in later years as the penalty goes up to $325.
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New Health-Care Law's Success Rests on the Young
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Low-Cost Insurance Offer Limits Federal Subsidies for Portland Buyers
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