Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy?

The Healthcare silver plan will cost the couple 4.24% of their total household income, which is around $88 per month and $1060 per year. In addition, there are cheaper options, such as bronze plans. These coverages cost less, but the payment for medical care will cost more. In the case of the given couple, their financial aid can fully cover all of the monthly payments, which will result in $0 per year. Gold and platinum plans are more expensive; however, they significantly decrease the costs of medical care.

The payment for the silver plan without financial help will cost $1171 per month and $14051 per year, which is more than half of the couple’s annual income. The bronze plan subsidy will be equal to $10093. Therefore, monthly payments after donations will be $0.

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Academic.Tips. (2021) 'Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy'. 23 June.

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Academic.Tips. (2021, June 23). Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy? https://academic.tips/question/go-to-this-website-kff-org-interactive-subsidy-calculator-use-the-following-data-in-the-subsidy-calculator-to-research-the-cost-of-a-policy-for-a-family-with-these-characteristics-new-york-zip-code-2/

References

Academic.Tips. 2021. "Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy?" June 23, 2021. https://academic.tips/question/go-to-this-website-kff-org-interactive-subsidy-calculator-use-the-following-data-in-the-subsidy-calculator-to-research-the-cost-of-a-policy-for-a-family-with-these-characteristics-new-york-zip-code-2/.

1. Academic.Tips. "Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy?" June 23, 2021. https://academic.tips/question/go-to-this-website-kff-org-interactive-subsidy-calculator-use-the-following-data-in-the-subsidy-calculator-to-research-the-cost-of-a-policy-for-a-family-with-these-characteristics-new-york-zip-code-2/.


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Academic.Tips. "Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy?" June 23, 2021. https://academic.tips/question/go-to-this-website-kff-org-interactive-subsidy-calculator-use-the-following-data-in-the-subsidy-calculator-to-research-the-cost-of-a-policy-for-a-family-with-these-characteristics-new-york-zip-code-2/.

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"Go to this website: kff.org/interactive/subsidy-calculator/ Use the following data in the subsidy calculator to research the cost of a policy for a family with these characteristics: New York zip code 10001; 2 Adults, ages 60 and 62; 0 children; Total annual income of $25,000. What percent of your total income do you need to pay for health care? How much would you have to pay per month for health care if you did not receive a subsidy? What would your subsidy be in dollar amounts and how much would you have to pay per month after the subsidy?" Academic.Tips, 23 June 2021, academic.tips/question/go-to-this-website-kff-org-interactive-subsidy-calculator-use-the-following-data-in-the-subsidy-calculator-to-research-the-cost-of-a-policy-for-a-family-with-these-characteristics-new-york-zip-code-2/.

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