For those wondering about required coverage, this is what you've gotta have in your plan (whether you need it or not):
Minimum Benefits Required by ObamaCare for Plans Sold on the Exchange
All plans sold on, and off the ObamaCare Health Insurance Exchange, must include:
1. Ambulatory patient services
2. Emergency services
4. Maternity and newborn care
5. Mental health and substance use disorder services, including behavioral health treatment
6. Prescription drugs
7. Rehabilitative and habilitative services and devices
8. Laboratory services
9. Preventive and wellness services and chronic disease management
10. Pediatric services, including oral and vision care
So they've got old folks paying for maternity care and pediatric services. They've got young folk paying for geriatric services. They've got everyone paying for fat people, alcoholics and drug abusers. No one can opt out of any of this.
The fine for no insurance is to be deducted from tax refunds, but the 47% of the adult population who pay no income taxes won't be affected. For those who have kids or relatives under 19 they support, it'll be taken from the free money (refundable credits like EITC and Child Tax Credit)---unless they are deemed exempt, which I totally expect since their AGI must be below a certain level in order to get the refundable credits.
From what I've read, the difference between the plans isn't in what must be covered under the plan, but in the amount of coverage --- something like Platinum 95%, Gold 90%, Silver 80%, Bronze 70%. Somebody correct that if it's wrong.
Taxpayer is screwed unless very rich or blessed with a bunch of deductions to bring their gross income down.
We're an older couple. I've been paying for health insurance since I was 19. Under Obamacare, our premiums can (and probably will) go up by $300/mo, $3600/yr unless we opt for bronze or silver.
This post was edited on 2/1 at 6:40 am