October 25, 2016

Tweet of the Day: Most Obamacare Users Won’t Pay Much More For Coverage Than They Did Last Year

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This is from a guy who works for a healthcare advocacy group in New Mexico:

I don’t want to minimize the pain that this year’s premium hikes are going to cause for a subset of insurance buyers. But the vast majority of low-to-mid-income Obamacare users are eligible for federal subsidies—and as premiums go up, so do their subsidies. They may end up paying a bit more in 2017 for their health coverage, but probably no more than a few percent.

So yes: headlines matter. Or, at the very least, the first few paragraphs of news stories matter. Coverage of this issue should make it clear that the average price people pay will go up much less than 25 percent, and for low-income folks it probably won’t go up at all.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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