If you lost your health plan there are alternatives to Obamacare.

C. Steven Tucker –

If you are one of the millions of Americans who have received a health insurance policy cancellation notice due to to the PPACA – “Patient Protection & Affordable Care Act” (Obamacare). You do not have to purchase the expensive “Medal” (Bronze, Silver, Gold, Platinum) plans that are offered inside the PPACA – HIX – “Health Insurance Exchange Marketplace”. If you are one of the lucky few who have actually been able to access the HealthCare.gov web site you already know that the cheapest plan available – the “Bronze” plan – exposes couples and families to $12,700 in out of pocket risk each year. And that, is if you stay within the limited PPO or HMO networks that these “Qualified Health Plans” offer. We still do not know the risk exposure if you seek treatment outside of these networks. One thing is for certain, your out of pocket risk exposure will be greater out of network.

Whilst it is true that if you qualify you may be better off buying a ‘subsidized’ health insurance plan inside the HIX. Many of us in the “middle class” do not qualify for these subsidies. For we make more than 400% above the Federal Poverty Level. That stated, if your 2013 MAGI – Modified Adjusted Gross Income – (income after taxes and retirement contributions) is less than the following:

$46,960 for an individual
$62,040 for a couple
$78,120 for a family of three
$92,200 for a family of four
$110,280 for a family of five
$126,360 for a family of six

you will qualify for OPM – ‘Other Peoples Money’ – to artificially lower the high cost of PPACA “Qualified Health Plans”. Obama administration officials refer to this money as a ‘subsidy’. Keep in mind, those who are just below those aforementioned levels may still stay pay more in premium than they would for a plan purchased outside the HIX. Find out if you qualify for a ‘subsidy’ by running your own quotes using my private carrier links below:

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