People receiving Medicaid Expansion are lazy and looking for a hand out.

FALSE.  The people who benefit from Medicaid Expansion are earning between 100 and 138% of the Federal Poverty Level. (FPL)

Federal Poverty Levels are adjusted in Alaska and Hawaii, due to the higher cost of living in those states; there is no adjustment for the difference between different costs of living in the continental US.

The federal minimum wage is $7.25 per hour.

For a minimum wage worker, working 40 hours a week, 50 weeks a year, that’s $14,000 per year. Medicaid Expansion helps a single person earning between $12,060 per year (33.3 hours per week) to $16,643 per year (40 hours per week at $8.32). Both the high and low bracket are considered full time workers.

TRUTH: Most people receiving assistance through Medicaid Expansion are full time workers, either through one job, or working part time at several jobs.

People receiving ACA subsidies are lazy and looking for a hand out.

FALSE. Continuing with the math from the previous section, people who qualify for ACA subsidies are earning between $16,644 and $48,240 per year.  For full time workers, that’s a low of $8.32 and a high of $24.12 dollars an hour. (Again, I’m using a 50 week figure, because almost all full-time contract employees have two weeks off, and I want to compare directly, rather than count their paid vacation days.)

TRUTH: Twenty dollars an hour is a desirable job. 42.4% of Americans currently earn less than $15 an hour.

People should prioritize health insurance. Don’t buy that new iPhone.

Utah Representative Jason Chaffetz said, “And so maybe rather than getting that new iPhone that they just love and they want to go spend hundreds of dollars on that, maybe they should invest in their own health care. They’ve got to make those decisions themselves.”

Let’s look at the list price of insurance, in comparison to the an income of exactly the Federal Poverty Level.

Age Utah % FPL Alabama % FPL Alaska* % FPL
21 $2,371 19.66% $4,437 36.79% $8,488 56.36%
40 $3,507 29.08% $5,671 47.02% $10,848 72.03%
64 $7,114 58.99% $13,312 110.38% $25,465 169.09%

*(Alaska figures using the adjusted FPL of $15,060 per year.)

Insurance List price, followed by the GOP plan tax credit and the adjusted percent of an income at 100% FPL:

Age Utah % FPL Alabama % FPL Alaska* % FPL
21 $2,371 19.66% $4,437 36.79% $8,488 56.36%
40 $3,507 29.08% $5,671 47.02% $10,848 72.03%
64 $7,114 58.99% $13,312 110.38% $25,465 169.09%
21 – $2,000 3.08% – $2,000 20.21% – $2,000 43.08%
40 – $3,000 4.20% – $3,000 22.15% – $3,000 52.11%
64 – $4,000 25.82% – $4,000 77.21% – $4,000 142.53%

I guess Chaffetz isn’t counting on the 55-65 year old bracket when he runs for re-election in 2018.

However, you can see why some in Utah would be in favor of this law, even though it’s catastrophic for those in Alabama and Alaska:

2017 rates after ACA (Obamacare) subsidies are applied; followed by the net difference with GOP plan for someone earning 140% of the FPL:

Age Utah % income Alabama % income Alaska* % income
21 $580 4.81% $580 4.81% $724 4.81%
40 $580 4.81% $580 4.81% $724 4.81%
64 $580 4.81% $580 4.81% $724 4.81%
21 -$209 +$1,857 +$5,764
40 -$73 +$2,091 +$7,124
64 +$2,534 +$8,732 +$20,741

+ figures are how much more that person would pay with the new GOP plan; – figures for two of the Utah age groups are how much less they would pay.

Utah residents under 50 do better under the new plan; older Utah residents, and everyone in Alabama and Alaska do far worse.

(All figures taken from the Kaiser Family Foundation calculator using zipcodes of 84047 (UT), 36695 (AL), and 99505 (AK))

Everyone’s costs are going up with the ACA

FALSE. However, some people are really suffering, especially older people earning 401% of the Federal Poverty Level.

These people really have something to complain about:

Individuals Earning 401% of the Federal Poverty Level

Age Utah % income Alabama % income Alaska* % income
21 $2,371 4.90% $4,437 9.17% $8,488 14.06%
40 $3,507 7.25% $5,671 11.73% $10,848 17.96%
64 $7,114 14.71% $13,312 27.53% $25,465 42.17%

(This chart above is for someone earning 401% of the FPL, or $48,361 in Utah and Alabama and $60,391 in Alaska.)

Things get a little better, but not much at 601% of the FPL:

Age Utah % income Alabama % income Alaska* % income
21 $2,371 3.27% $4,437 6.12% $8,488 9.38%
40 $3,507 4.84% $5,671 7.82% $10,848 11.99%
64 $7,114 9.81% $13,312 18.37% $25,465 28.13%

(This chart above is for someone earning 601% of the FPL, or $72,481 in Utah and Alabama and $90,501 in Alaska.)

Nationwide, 60% of the country earns below 400% of the Federal Poverty Line. The ACA is very good for those 60%, and not very good for many in the 40% above it.

Nationwide, 20% of the country earns more than 600% of the FPL.

What this means is, except for very well off 20-somethings, almost 80% of the country has trouble paying list prices for their health insurance. Frankly, I wouldn’t have any trouble if the GOP decided to leave the ACA subsidies alone, and gave a little extra to older people who are earning 400-600% of the FPL.

More facts and figures later; I have to go back to work.

Featured Image under Creative Commons License (c) Rebecca20162393

Advertisements