Pin It
Favorite

HEALTH CARE — The Bottom Line 

Open enrollment in Washington and Idaho’s online health insurance marketplaces is just around the corner. Although you’ll have to wait until Oct. 1 to start shopping for plans, you can get an idea of how much you might pay under Obamacare in the meantime. The chart below shows how BridgeSpan Health Company’s monthly premium rates differ in Spokane and Kootenai counties not only by level of coverage each of its plans provides, but by age and location.

click to enlarge Rates are for nonsmokers in Spokane and Kootenai counties through BridgeSpan Health Company, which operates in both Idaho and Washington, as of Sept. 24. Bronze represents approximately 60 percent coverage of health costs; silver, 70 percent; gold, 80 percent. - LISA WAANANEN
  • Lisa Waananen
  • Rates are for nonsmokers in Spokane and Kootenai counties through BridgeSpan Health Company, which operates in both Idaho and Washington, as of Sept. 24. Bronze represents approximately 60 percent coverage of health costs; silver, 70 percent; gold, 80 percent.

Keep in mind these rates don’t include any financial assistance you may qualify for. Under the Affordable Care Act, people who purchase insurance in the new online exchanges can apply for tax-credit subsidies to offset the cost of their premiums. The size of your subsidy will depend on your income, family size and, in some cases, the state you live in. For example, if you’re single and making 250 percent of the federal poverty line, which is $28,725, you don’t have to pay more than 8.05 percent of your income, or $2,313, to enroll in the second lowest cost silver plan in your area. That means your tax subsidy would be equal to the cost of the second lowest silver plan minus $2,313.

People who make more than 400 percent of the federal poverty line ($45,960) won’t be eligible for subsidies. Likewise, people who live in Idaho and make less than the federal poverty level ($11,490) will get zilch because their state opted out of Medicaid expansion.

Confused? There are health insurance exchange navigators in Washington and Idaho who can provide some guidance. Visit wahealthplanfinder.org or yourhealthidaho.org for more information.

  • Pin It

Latest in News

  • Pacifying the Future
  • Pacifying the Future

    A local homebuilder has embraced a design strategy that could be the future of buildings
    • Apr 22, 2015
  • Surge Protectors
  • Surge Protectors

    Solar and wind power need batteries to be reliable; Demand Energy's software makes those batteries more efficient
    • Apr 22, 2015
  • Innovation Station
  • Innovation Station

    Toolbox is a space for innovative products to grow
    • Apr 22, 2015
  • More »

Comments

Subscribe to this thread:

Add a comment

Today | Sun | Mon | Tue | Wed | Thu | Fri
Startup Weekend Spokane

Startup Weekend Spokane @ Spokane Community College

Sat., April 25, 9 a.m.-9 p.m. and Sun., April 26, 9 a.m.-7 p.m.

All of today's events | Staff Picks

More by Deanna Pan

Most Commented On

  • Restore the Honesty

    Re-establishing trust with the public will require courage on the part of our elected officials
    • Apr 8, 2015
  • Don't Test Me

    The Smarter Balanced standardized test has sparked a rebellion in Western Washington — and it's spreading
    • Apr 15, 2015
  • More »

© 2015 Inlander
Website powered by Foundation