Affordability in the ACA Marketplace Under a Proposal Like Joe Biden's Health Plan
Appendix Table 1: Change in Monthly Bronze Premium under Biden’s Proposal | |||||||
Lowest Bronze (Current Law) | Lowest Bronze (Proposed Changes) | ||||||
Income | FPL | 27 year old | 40 year old | 60 year old | 27 year old | 40 year old | 60 year old |
$20,000 | 160% | $5 | $3 | $1 | $0 | $0 | $0 |
$25,000 | 200% | $37 | $24 | $3 | $0 | $0 | $0 |
$30,000 | 240% | $91 | $73 | $14 | $12 | $4 | $0 |
$35,000 | 280% | $156 | $136 | $41 | $45 | $26 | $0 |
$40,000 | 320% | $209 | $194 | $82 | $88 | $62 | $2 |
$45,000 | 360% | $234 | $232 | $116 | $135 | $107 | $10 |
$50,000 | 400% | $272 | $324 | $622 | $186 | $160 | $30 |
$60,000 | 480% | $274 | $331 | $666 | $231 | $223 | $71 |
$70,000 | 560% | $274 | $331 | $680 | $253 | $273 | $122 |
$80,000 | 641% | $274 | $331 | $687 | $265 | $301 | $182 |
$90,000 | 721% | $274 | $331 | $687 | $270 | $316 | $245 |
$100,000 | 801% | $274 | $331 | $687 | $273 | $325 | $308 |
Note: This table shows enrollment-weighted average premiums for the lowest-cost bronze plan. The payment for the second-lowest cost gold plan is set as a certain percent of one’s income. However, the lowest-cost bronze plan payment could change, depending on how insurers and the public option plan are priced relative to the gold benchmark. |
Appendix Table 2: Change in Monthly Gold Premium under Biden’s Proposal | |||||||
Second-Lowest Gold (Current Law) | Second-Lowest Gold (Proposed Changes) | ||||||
Income | FPL | 27 year old | 40 year old | 60 year old | 27 year old | 40 year old | 60 year old |
$20,000 | 160% | $128 | $139 | $213 | $39 | $39 | $39 |
$25,000 | 200% | $191 | $202 | $275 | $83 | $83 | $83 |
$30,000 | 240% | $254 | $265 | $339 | $140 | $140 | $140 |
$35,000 | 280% | $321 | $333 | $405 | $192 | $193 | $193 |
$40,000 | 320% | $373 | $391 | $464 | $243 | $243 | $243 |
$45,000 | 360% | $398 | $429 | $505 | $296 | $296 | $296 |
$50,000 | 400% | $437 | $522 | $1,029 | $349 | $354 | $354 |
$60,000 | 480% | $439 | $529 | $1,075 | $395 | $419 | $425 |
$70,000 | 560% | $439 | $529 | $1,089 | $417 | $470 | $496 |
$80,000 | 641% | $439 | $529 | $1,095 | $428 | $498 | $567 |
$90,000 | 721% | $439 | $529 | $1,095 | $434 | $513 | $637 |
$100,000 | 801% | $439 | $529 | $1,095 | $436 | $522 | $707 |
Note: This table shows enrollment-weighted average premiums for the second-lowest cost gold plan. The payment for the second-lowest cost gold plan is set as a certain percent of one’s income. However, the lowest-cost bronze plan payment could change, depending on how insurers and the public option plan are priced relative to the gold benchmark. |