Jessica Sanford, a self-employed single-mom, was so ecstatic at being able to purchase affordable health coverage for her and her son that she wrote President Obama a fan letter. The president even acknowledged her letter and quoted from it in an October 21 speech.
Ms. Sanford later discovered the state website she had used to calculate her subsidy had made an error:
Originally it said Sanford and her child would get a whopping tax credit that would reduce their total premium to $169 a month. Now the state is telling her it goofed — twice — and she has to pay full ticket. There may even be a third goof involved: At least one health-insurance broker says she may qualify for a tax credit after all, albeit a small one.
According to the Kaiser Family Foundation Subsidy Calculator, family of two with an income of just under $50,000, living in Washington State would be required to spend nearly $4,750 per year on health coverage before it qualified for a subsidy. This is more than double what she was originally told she would be required to spend.