The High Cost of Obamacare

Just for laughs, I searched random cities in each state to see what the cost of the Silver Plan would be under Obamacare. I used a family of four with two adults and two children and an annual income of $90,000. Probably the most striking point is the variability of the costs between the states. It's interesting how they all net down fairly close to each other, but that is where a real problem lies. The subsidies that are offered come in the form of a tax credit on your income tax return. That means that you will be out of pocket for the gross cost every month. And this is just the premium cost, it does not include the deductible and co-pays. Where the President got the $2,500 saving per family is beyond me. Where are people going to come up with this money?

Obamacare Premiums Silver Plan Net Monthly Premium Family of 4 with two children under 21 Income $90,000 Annual Monthly State City Gross Subsidy Net Gross Net Network Alabama Birmingham 8,236 8,236           686           686 Federal Alaska Juneau 11,668 3,118 8,550            972             713 Federal Arizona Scottsdale 6,041 6,041            503            503 Federal Arkansas Little Rock 9,401 851 8,550            783             713 Federal Delaware Wilmington 8,879 329 8,550           740             713 Federal Florida Jacksonville 7,863 7,863            655            655 Federal Georgia Macon 9,672 1,122 8,550           806             713 Federal Illinois  Decatur 8,454 8,454            705            705 Federal Indiana Indianapolis 10,857 2,307 8,550           905             713 Federal Iowa Ames 8,029 8,029           669           669 Federal Kansas Topeka 6,440 6,440            537            537 Federal Louisiana Baton Rouge 8,948 398 8,550           746             713 Federal Maine Portland 9,058 508 8,550            755             713 Federal Michigan Ann Arbor 8,149 8,149           679            679 Federal Minnesota St. Paul 5,478 5,478            457            457 Federal Mississippi Biloxi 12,428 3,878 8,550         1,036             713 Federal Missouri Branson 7,308 7,308           609           609 Federal Montana  Billings 7,922 7,922           660           660 Federal Nebraska Omaha 8,321 8,321           693            693 Federal New Jersey Camden 9,751 1,201 8,550            813             713 Federal North Carolina Greemsboro 8,543 8,543             712             712 Federal North Dakota Fargo 8,236 8,236           686           686 Federal Ohio Columbus 7,766 7,766           647            647 Federal Oklahoma Norman 6,179 6,179             515             515 Federal Pennsylvania  Lancaster 6,279 6,279            523            523 Federal South Carolina Columbia 8,249 8,249           687            687 Federal South Dakota Sioux Falls 8,119 8,119            677            677 Federal Tennessee Nashville 5,780 5,780           482            482 Federal Texas Austin 7,663 7,663           639            639 Federal Vermont Montpeilier 13,926 5,376 8,550           1,161             713 Federal Virginia Alexandria 8,349 8,349           696           696 Federal West Virginia Wheeling 7,615 7,615            635            635 Federal Wisconsin Greeen Bay 7,796 7,796           650            650 Federal Wyoming Larramie 13,085 4,535 8,550         1,090             713 Federal California San Diego 9,319 769 8,550            777             713 State Colorado Denver 7,676 7,676           640           640 State Connecticut Bridgeport 12,916 4,366 8,550         1,076             713 State Hawaii Honolulu 5,619 5,619           468           468 State Idaho Boise 7,085 7,085           590            590 State Kentucky Louisville 6,305 6,305            525            525 State Maryland Siver Springs 6,581 6,581           548            548 State Massachusetts Springfield 8,358 8,358           697            697 State Nevada Reno 9,465 915 8,550           789             713 State New Hampshire Manchester 8,884 334 8,550           740             713 State New Mexico Albuquerque 5,967 5,967           497            497 State New York Bayside 12,492 3,942 8,550          1,041             713 State Oregon Salem 6,555 6,555           546            546 State Rhode Island Pawtuckett 8,984 434 8,550           749             713 State Utah Salt Lake City 6,088 6,088            507            507 State Washington Tacoma 8,902 352 8,550            742             713 State