Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. Using the online exchange estimator, fill out the below table assuming that you insure just yourself. Use an income of $100. List the costs

5. Using the online exchange estimator, fill out the below table assuming that you insure just yourself. Use an income of $100. List the costs for the bronze, silver, and gold levels.

Level

Estimated Monthly Premium

Estimated Deductible

Estimated Out-of-Pocket Maximum

Bronze

Silver

Gold

6. Using the online exchange estimator fill out the below table assuming that you insure a family with the following ages: 34, 37, 9, and 4. For this question use your schools zip code and state.

Level

Estimated Monthly Premium

Estimated Deductible

Estimated Out-of-Pocket Maximum

Bronze

Silver

Gold

7. Using the same family as the previous question, calculate their Affordable Care Act subsidy assuming that they make $25,000 a year. Explain your results.

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

8. What would the expenses be for a single tobacco user who is 54 and living in Florida?

Level

Estimated Monthly Premium

Estimated Deductible

Estimated Out-of-Pocket Maximum

Bronze

Silver

Gold

9. What would the expenses be for a single tobacco user who is 64 and living in Florida?

Level

Estimated Monthly Premium

Estimated Deductible

Estimated Out-of-Pocket Maximum

Bronze

Silver

Gold

10. How much did changing the age alter the expected costs?

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

11. Explain what subsidies the above individual can expect?

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

12. What happens for the level of subsidies if the age is decreased to 54? 44? 34? Why do you think these changes occured?

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

13. What happens to an individuals healthcare options when they reach retirement age?

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

_____________________________________________________________________________________

________________________________________________________________________

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Gapenskis Cases In Healthcare Finance

Authors: George H. Pink

6th Edition

1567939651, 978-1567939651

More Books

Students also viewed these Finance questions

Question

What is the average age of members of your key public?

Answered: 1 week ago

Question

How likely is this public to act on information it receives?

Answered: 1 week ago

Question

What does this public think about your organization?

Answered: 1 week ago