Here is a snapshot of the Premiums for Health Care For America:
No premium would be required for workers with income below 200 percent of the
Federal Poverty Level (FPL); and
•
Premiums for workers above 200 percent of FPL would be as follows, and would be phased-in based on family income between 200-300 percent of FPL.
Family Type Premium
Individual $70 per month
Couple $140 per month
Single Parent $130 per month
Two-Parent Family $200 per month.
...
Families with incomes
over 400 percent of the FPL would pay the full cost of the premium.
http://www.sharedprosperity.org/hcfa/lewin.pdf
In other words between 200-400% of poverty premiums would be assessed on a sliding scale basis. A single parent family would be 460$/month at 400% of poverty and above. At 400% of Poverty and above the maximum premium for a 2 parent family would be 670$/month. Given that current family coverage for EPDTA standards is approximately 1000/month this would net to a substantial savings for ALL plan participants. Whats not to love about this plan!
The following members say Thank You: