Here’s a story from the Charlotte Observer that explains how expensive Obamacare really is.
Across North Carolina, thousands of people have been shocked in recent weeks to find out their health insurance plans will be canceled at the end of the year – and premiums for comparable coverage could increase sharply.
One of them is George Schwab of Charlotte, who pays $228 a month for his family’s $10,000 deductible plan from Blue Cross and Blue Shield of North Carolina.
In a Sept. 23 letter, Blue Cross notified him that his current plan doesn’t meet benefit requirements outlined in the Affordable Care Act and suggested a comparable plan for $1,208 a month – $980 more than he now pays.
“I’m 62 and retired,” Schwab said. “This creates a tremendous financial burden for our family.
“The President told the American people numerous times that… ‘If you like your coverage, you can keep it,’” Schwab said. “How can we keep it if it has been eliminated? How can we keep it if the premium has been increased 430 percent in one year?”
Michael Hood, 46, who lives near Winston-Salem, is another of the Blue Cross customers who is suffering sticker shock after receiving a recent renewal letter.
He and his wife, who is expecting their third child, now pay $324 per month for a plan with a $10,000 family deductible. The comparable plan suggested by Blue Cross for next year would cost $895.27 per month with an $11,000 family deductible. Their annual payment would rise from $14,000 to $24,000.
Self-employed as part owner of a medical device distributorship, Hood said he and his wife “try to live a healthy lifestyle and keep our medical costs down.” They chose the high-deductible plan to keep their premium low.
Hood said his income is about $85,000 a year, which would mean he might be able to qualify for a subsidy. He said he checked the online marketplace, which has been operating only sporadically this week, and didn’t think it looked like his family would be eligible.
One of the pluses of any new plan is that it will cover maternity care, which his current plan doesn’t. But “is that really worth paying $1,000 a month more for?”
“I’m angry that legislation has been passed that is forcing me to purchase something that otherwise I would not have to purchase,” Hood said.
“The President told us Obamacare would make health insurance affordable and reduce costs. It is now impossible for our family to afford private health insurance.”
I keep hearing from my friends in other countries how their media is reporting that Obamacare is enormously popular, and that Republicans are trying to hold up this great policy that Americans all want out of meanness and spite. I doubt that these foreign journalists are actually reporting the facts about this health care policy. The facts show a completely different picture.