According to the calculator, the family’s total annual premium for their Silver health-insurance plan remains $19,832. Now, however, because they earn too much money to qualify for the federal subsidy, they must pay every penny of that $19,832 premium. As a result, the cash they must pay out of pocket for their health insurance plan goes from $10,477 per year to $19,832 per year, an increase of $9,355.
Because Obamacare health insurance premiums will vary according to the age of the purchasers, the size of the family, and other factors, not all families will take the $9,355 hit our hypothetical family took here for getting a $1 raise that put their income over 400 FPL and made them too wealthy to get an Obamacare subsidy.
A family with different demographics might have a smaller—or bigger—increase in their premiums.