Refundable premium Tax Credit Based on Minimum
Applicable Share of family Income
applicable share of
Household Income
10%
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
100 200
6 .30%
8 .05%
9 .50%
300 400
2 .00%
3 .00%
4 .00%
FPl
source: PPaCa section 1401, codified at 26 u.s.C. section 36b(b)( 3)(a)
see also Irs proposed rule 786, Fed. reg. 50931, 5-0944.
band compression, the interaction of age band compression
and the elimination of premium variation related to health
status also deserves attention. Analysis of representative car-
rier data suggests that eliminating health status as a rating
factor itself may increase premiums by roughly 17 percent
to 20 percent for those who have preferred rates because of
lower-than-average health risks. Young adults often qualify for
these preferred rates. These increases would be in addition to
any premium rate change due to age compression, required
increases to benefits, or other factors discussed above.
Age
<138%
Uninsured Individuals by Age and fpL—2011
( 1,000s)
138–200% 200–300% 300–400%
400+%
Total
0– 20
4,941
1,686
1,592
625
826
9,670
21–29
4,830
1,842
2,093
1,007
1,381
11,153
30–39
4,424
1,651
1,624
775
1,100
9,574
40–49
3,214
1,440
1,660
853
1,064
8,230
50–59
2,698
1,033
1,272
696
1,146
6.845
60–64
848
390
501
234
478
2,451
Total 20,955
source: oliver wyman analysis of 2011 CPs data
8,042
8,743
4,189
5,994
47,923
JAN | FEB. 13 CONTINGENCIES 33
