Think health insurance is expensive now? Wait until it’s free!
Well, we’re still waiting.
Everyone has been talking about Obamacare’s expensive premiums. That many plans have people seeing premium increases of 50 – 100 – 150% and more.
To be sure, folks are already beginning to suffer from monthly premium sticker shock. That is, the few that have been able to get into the system to purchase a plan.
But what will really effect the public’s bottom line is the astronomical deductibles and co-pays that will be forced on us. It’s pay me now, pay me later…just pay up!
Nationwide, deductibles on the least expensive Bronze Obamacare plans can be as high as almost $13,000. Couple that with co-pays of up to 40%.
Don’t get sick and don’t get hurt!
Glossary for those who are unfamiliar with the terms:
Deductible: the amount for which the insured is liable on each loss, injury, etc., before an insurance company will make payment.
Co-pay: a fixed amount required by a health insurer to be paid by the insured for each outpatient visit or drug prescription.
The Chicago Tribune found that if Adam Weldzius, a nurse practitioner and 33-year-old single father living in Carpentersville, Ill. wanted to keep the same level of coverage next year as what he has now with the same insurer and the same network of doctors and hospitals as Obama promised he could, his monthly premium of $233 would more than double. To keep his premiums at the same level for himself and his 7-year-old daughter, his annual deductible would be $12,700 vs. $3,500 today and there was no mention of the co-pay. The Tribune also discovered, “21 of the 22 lowest-priced plans offered on the Illinois health insurance exchange for Cook County have annual deductibles of more than $4,000 for an individual and $8,000 for family coverage.”
The Christian Science Monitor reported on a North Carolina family who had been buying Blue Cross and Blue Shield insurance for $380-a-month. “BCBS is offering them a new plan for three times the cost, $1,124.50 a month, still with an $11,000 deductible”.
Reality check. How many working class average American families will be able to afford this? Not many.
Read More: http://commonconstitutionalist.com/