Archive for November 21st, 2013

Killer chart: OC’s middle class crunch …

November 21, 2013

Yesterday’s post recapped articles from the NYT and WSJ that made a common, largely unrecognized point:

The expansion of “free” and near-free healthcare to approximately 15 million currently uninsureds (out of about 45 million uninsured citizens) is – to a large extent – being funded by the working middle class.

Case in point: the net insurance premiums paid after subsidies on the Obama Exchanges.

Using the Kaiser Foundation subsidy calculator , I picked off the net premiums for single, non-smoking 25 year olds across a range of incomes … and calculated the net premium as a percentage of income.

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Here are the fundamental takeaways …

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