The graph below shows the subsidy available to a 60 year old couple in the Boulder/Denver area and the Resort areas.
The difference in subsidies between the resort area and the Boulder/Denver area is directly related to the increased cost of insurance in the resort area. The minimum subsidy, which is available at the maximum income level of $62,040 for these two regions is:
- Boulder – $586/mo
- Resort – $1457/mo
Even more interesting is what is the penalty, in the form of reduced subsidies if this imaginary couple were to get a raise and now make above 400% of the Federal Poverty Level and no longer be subsidy eligible? The answer is the above number * 12 and is show below:
- Boulder – $7032
- Resort – $17,484
This is truly an incentive to, at the very least, manage your income, fudge your income, decline pay for services rendered or refuse a raise. Welcome to the world of Obamacare.
You can’t make this stuff up.
