Your ObamaCare Watchdog

Posts Tagged ‘Federal Poverty Level’

Does Obamacare really care?

In ObamaCare on 03/2010 at 8:43 PM

Health Care Reform Bill a.k.a. “Obamacare” simplified.  Here’s a breakdown for the confused, lost and uninsured:

  • Cost:  $940 billion over 10 years
  • Deficit: Would reduce the deficit by $143 billion over the first ten years
  • Coverage: Expand to 32 million Americans currently uninsured
  • Health Insurance Exchanges:
    • The uninsured and self-employed be able to purchase through state-based exchanges
    • Separate exchange created for small businesses to purchase coverage effective 2014
    • Funding available to states to establish exchanges within one year of enactment until January 1, 2015
  • Subsidies: Individuals who make between 100 – 400 percent of the Federal Poverty Level [FPL] and want to purchase their own health insurance on an exchange are eligible for subsidies.  (CBS News) More > …
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