I want to earn your support. Help me reach my goal today!
Join the Board!
You may have heard that I'm facing a predicament. In about four months, I will choose between paying unsustainable health insurance premiums or going without. I buy insurance through my state's Obamacare exchange. My premium is likely to double. As Charles Gaba told me in an interview on Monday, I'm not going to be alone.
"I estimate gross premium hikes (for those not currently receiving subsidies) will average around 23 percent, while the healthcare policy analysts at KFF estimate that net increases – that is, what the enrollees actually pay after federal tax credits are applied – will increase by an average of 75 percent," the health policy expert told me.
"There’s about 1.8 million unsubsidized enrollees on-exchange and 1-2 million off-exchange, who will be hit with the 23 percent average. Meanwhile, there’s around 21 million currently subsidized enrollees who will face the 75 percent average … and again, in many cases it will be much more than that: 100 percent, 200 percent, 300 percent or more for the same policy they’re currently enrolled in."
Despite this, I am fortunate. While most people can’t work more than they already do, I can sell more subscriptions. Indeed, to overcome this obstacle, I need about 100 new subscribers. That won’t cover all of my health insurance costs, but it will probably cover the deficit. And I am happy to report that since three weekends ago, after my first plea, 54 new subscribers have joined the Board! Only 46 more to go!
So I’m turning to you.
I’m not asking for charity. I want to earn your support. And, frankly, I already do. You’re on my free list. Every weekday, I send an essay to your inbox with fresh insight about the events of the day. I’m asking for your financial contribution to this effort and in my time of need. (Some of you have already subscribed and I’m sorry that you’re seeing this message — THANK YOU and I’m working on fixing it!)
Join me if you can.
Here’s the subscription link. Click here for just $6 a month! So cheap!
If you’d rather not, perhaps consider a tip? Say $10? Click here.
THANK YOU! –John Stoehr
(PS: If you click the headline, you’ll see at editorialboard.com an original drawing by the Editorial Board‘s chief illustrator, ER Stoehr. I think it's Lorenzo Medici's dog. She’s been bingeing on the Renaissance.)