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We now have Health Care System in which it your income is less than four times the official poverty threshold for a family of four is now in the vicinity of 90,000 a year, scaled down for smaller families, you are eligible for subsidies, refundable tax credits and assistance with cost sharing, on a sliding scale that starts with recently complete coverage of what is called the Silver Health plan and that is the premium that is charged for a Health Care Plan that covers 70 of the covered Health Care Services on an actuarial basis. Plans can provide that coverage in different ways. Many people also want more generous coverage or they receive it through and foyer sponsored plans. If you buy through a Healt ....
They are partners in the Moffett Nathanson research firm. Mr. Moffett, lets begin with you. Whats the impact, whats your initial reaction to what cbs, hbo have announced and then add onto that netflix and apple, etc. , and all these different services. Whats the impact on the Overall Television industry . Guest well, those are two separate categories really. The new ones, hbo and cbs, my guess is the impact will be actually somewhat limited. On the other hand, the impact of some of the ones that are already here like netflix has already been very profound. And i think what were seeing here is a real change in the viewing habits of millennials, that theyre simply watching tv in a very different way than my generation watched tv, and youre starting to see all the Media Companies embrace that and recognize that they ....
That starts with an essentially complete coverage of whats called a Silver Health plan. And that is the premium that is charged for a Health Care Plan that covers 70 of the covered Health Care Services on an actuarial basis. Plans can provide that coverage in different ways. Many people also want more generous coverage, or they receive it through employersponsored plans, if you buy through a Health Exchange you can buy plans that cover up to 90 of the cost of coverage, which leaves relatively small amounts for deductibles, there may not be any or costsharing, only for certain services. Its very generous coverage. Perhaps not as generous as tricare is now described as being, but close. So the question i have is whether it wouldnt be desirable as part of the < ....