(IN 2014 WHEN THE EXCHANGES ARE IN PLACE, UNDER HEALTH INSURANCE REFORM AS PASSED)

A FAMILY OF 4 MAKING $22,200 A YEAR (AND NOT ON MEDICAID)

·         Will get quality insurance for a premium of about $10 a week. 

·         Co-pays and deductibles in a typical year will be $900.* 

·         So in total, the family’s average out-of-pocket health care costs will be about $1,400 a year, a savings of $15,850 without reform.

A FAMILY OF 4 MAKING $33,300 A YEAR

·         Will get quality insurance for a premium of about $30 a week. 

·         Co-pays and deductibles in a typical year will be about $1,900.*

·         So in total, the family’s average out-of-pocket health care costs will be $3,500 a year, a savings of $13,750 without reform.

A FAMILY OF 4 MAKING $44,400 A YEAR

·         Will get quality insurance for a premium of about $62 a week. 

·         Co-pays and deductibles in a typical year will be about $4,000.*

·         So in total, the family’s average out-of-pocket health care costs will be about $7,200 a year, a savings of $10,050 without reform.   

A FAMILY OF 4 MAKING $55,500 A YEAR

·         Will get quality insurance for a premium of about $100 a week. 

·         Co-pays and deductibles in a typical year will be about $4,400.* 

·         So in total, the family’s average out-of-pocket health care costs will be about $9,650 a year, a savings of $7,600 without reform.

Prepared by the House Committees on Ways and Means, Energy and Commerce, and Education and Labor
March 25, 2010