"Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein
I take issue with that measure! It is bogus!!! My household, kinda/sorta in that income class depending on what you count, has all of these in our extra refrigerator in the basement:
IMG_3101.jpg
Dozens and dozens of apples, and we didnt buy a one of them! They are from our city orchard and DH's family farm. The squirrel-man I live with eats tons of apples.
so what does the graph show anyway, that Apple phones can be kind of pricey? Most health insurance plans for most income brackets (except if you are currently very heavily subsidized) are going to run quite a bit more than those Apple costs. Most of those Apple costs break down to about maybe $65 a month. Good luck finding health insurance for that monthly price. You won't. No way, no how. So giving up Apple phones isn't going to pay the insurance bill.
Trees don't grow on money
"Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein
This plan works much better for me. I'd rather have the tax break and be able to fund a HSA. And I don't even have a iPhone.
The specifics may be inaccurate, but I think there is a point to be made. There are young and mid-aged healthy people who have never considered health insurance a priority but maybe spend an equal amount on non-necessities. A new iphone might be a start, but throw in monthly phone costs, cable TV, some sort of high speed internet for gaming, maybe a fancy car, motorcycle, or house payment, booze, or whatever. I'm coming from a life of frugal living but I know people who did not have health insurance who could probably afford it. Along comes the ACA where the government foots part of the bill and they can fit a few toys in with insurance. I'm not judging right or wrong, just saying.
When these healthy younger people drop out of the insurance pool, like will surely happen now, it will make things even more expensive for everyone else.
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