week 6 assignment what is the role of government politics and the economy in the healthcare system
Go to this website: http://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. Submit a response that answers the listed questions.
New York zip code 10001
2 Adults, ages 60 and 62
0 children
Total annual income of $25,000
- What percentage of the Federal Poverty Level is this couple’s income? Give your answer in percentages and explain what the percentage means.
- 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?
- Now change the state to Alaska and keep everything else the same. What changes? Why do you think this happens?
- What happens if the couple’s income goes up $1,000? Or $10,000?
- What is the connection between government, economy, and politics? Examine your personal data and then answer the following question: Do you think the costs of insurance in this program are manageable?
- Finally, describe the website and its overall purpose. How did you feel about navigating the website to obtain the needed information?