Viewing a single comment thread. View all comments

DaddyBobMN t1_iutxcl4 wrote

If you are eligible for a subsidy it will greatly reduce your cost. My coworker literally pays $0.11 a month after his subsidy.

Plan costs and subsidy values vary, but you will most likely end up closer to the 11 cents than the $650.

72

Jerry_Williams69 t1_iuty85f wrote

Holy shit that is amazing. That's not normal in comparison to other states.

8

Hell_Camino t1_iuudlzc wrote

Vermont state government adds in additional subsidies on top of the federal subsidies to help with the cost of the premiums. This is part of the reason why Vermont’s uninsured rate is so low (about 3% are uninsured last time I checked)

19

Jerry_Williams69 t1_iuum86d wrote

That's beautiful. I don't mind paying a little more in taxes to help people stay healthy.

34

Meow_Meow_4_Life t1_iuumo7c wrote

There it is. Love the way you think!

18

sorrycharlie88 t1_iuvt25n wrote

We end up paying regardless if they get unhealthy down the road. Damned if you do damned if you don't.

4

silverado-z71 t1_iuvtd36 wrote

I agree 100% unfortunately a lot of people don’t think like that,

3

-_Stove_- t1_iuwby1q wrote

Another reason Vermont's uninsured rate is low: The state requires you to have insurance.

1

1DollarOr1Million t1_iuufrrx wrote

This. Sounds like OP is posting a pre-subsidy price.

I have insurance through my employer, but my total policy premium is $1500/month for my wife and I, and I pay 20% of that out of pocket pre-tax. So yes, health insurance is very expensive.

8

buttergams OP t1_iux7z7s wrote

Okay, I'll look in to it! A friend said that after I apply for a plan they offer subsidy options, which I think is weird.

1

DaddyBobMN t1_iux8g3w wrote

Sounds familiar, but I don't think you have to sign up for anything before knowing what the subsidies are. Part of the application is determining how much subsidy you'll get.

2

MarketplaceMallBTV t1_iuxgnc1 wrote

Add all of your basic information in first to see your personal Federal Tax Benefit. Then, if you’re employer qualifies, they can give an additional amount through QSEHRA that you can claim monthly. It brought my original bill of $790/month to 0 out of pocket.

2