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I didn't realize that deductibles were set to increase based on premium.
ObamaCare Deductibles To Rise As High As $6,600 In 2015 - Investors.com
ObamaCare Deductibles To Rise As High As $6,600 In 2015 - Investors.com
ObamaCare deductibles maxed out at $6,350 per person this year, causing no small shock among modest earners, but next year they'll go as high as $6,600.
Businesses may be less than thrilled to learn that ObamaCare's yet-to-be-enforced employer penalties will rise from $3,000 per subsidized full-time worker to $3,120.
Although the fines initially set to hit in 2014 were put on ice for a year, that hasn't stopped the fines from growing. In 2015, employers with at least 100 full-time-equivalent workers will owe $2,080 for each of those workers after an exemption for the first 30.
By 2016, when the ObamaCare employer mandate is supposed to apply to firms with 50 full-time-equivalent workers, the fines will be higher still.
HHS Ignores Individual Spike
The surprise was that HHS decided to exclude the jump in premiums in the individual market, largely due to ObamaCare. Instead, this key cost-indexing factor will be tied only to the rise in employer-sponsored insurance premiums — estimated by Medicare actuaries to be 4.2%.
In mostly ignored regulations issued in March, HHS said that including all private insurance — as it originally intended — would have yielded a 6% average hike. With that yardstick measure, deductibles would peak at $6,700 per adult next year. Employer penalties would rise to $3,180.