Tag Archives: Obamacare costs skyrocket and low income people can’t afford

Obamacare costs skyrocket and low income people can’t afford, Huge deductibles hidden story emerges, Hospitals medical providers and public will pay for unpaid bills, Family spent half its annual income paying for obamacare

Obamacare costs skyrocket and low income people can’t afford, Huge deductibles hidden story emerges, Hospitals medical providers and public will pay for unpaid bills, Family spent half its annual income paying for obamacare

“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year. We will not wait 20 years from now to do it, or 10 years from now to do it. We will do it by the end of my first term as president.”…Barack Obama

“Dean Griffin liked the health insurance he purchased for himself and his wife three years ago and thought he’d be able to keep the plan even after the federal Affordable Care Act took effect.

But the 64-year-old recently received a letter notifying him the plan was being cancelled because it didn’t cover certain benefits required under the law.

The Griffins, who live near Philadelphia, pay $770 monthly for their soon-to-be-terminated health care plan with a $2,500 deductible. The cheapest plan they found on their state insurance exchange was a so-called bronze plan charging a $1,275 monthly premium with deductibles totalling $12,700. It covers only providers in Pennsylvania, so the couple, who live near Delaware, won’t be able to see doctors they’ve used for more than a decade.”…Times Colonist November 2, 2013

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Citizen Wells has been warning you for years that aside from the catastrophic effect of Obamacare on premiums our healthcare system and jobs, the hidden story was rising deductibles that lower income people will not be able to pay and the burden this will place on the entire country.

From Citizen Wells October 17, 2013.

Obamacare is increasing healthcare premiums in 45 states.

A 27 year old in Virginia will see an increase of over 252 percent.

And one of the biggest under reported Obama scandals is the skyrocketing deductibles under Obamacare.

https://citizenwells.com/2013/10/17/obamacare-increases-premiums-in-45-states-deductibles-skyrocket-27-year-old-in-va-up-252-percent-obama-lied-about-keeping-your-insurance-and-reducing-costs/

From Zero Hedge November 15, 2015.

“Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare”

“Well, since the passage of the Affordable Care Act, also known as the Obamacare tax, we have watched in horror as shocker after shocker are revealed.

Some examples:

Now we can add one more thing that “was in it”: soaring deductibles, which give the fake impression of contained, low all-in costs… until one actually needs expensive medial help (and these days there is no other kind).

The latest expose against Obamacare comes not from its usual nemesis, but the hard-left NYT, suggesting that even the ideological supporters of Obama’s “crowning achievement” are losing faith. To wit:

Obama administration officials, urging people to sign up for health insurance under the Affordable Care Act, have trumpeted the low premiums available on the law’s new marketplaces.

 

But for many consumers, the sticker shock is coming not on the front end, when they purchase the plans, but on the back end when they get sick: sky-high deductibles that are leaving some newly insured feeling nearly as vulnerable as they were before they had coverage.

 

“The deductible, $3,000 a year, makes it impossible to actually go to the doctor,” said David R. Reines, 60, of Jefferson Township, N.J., a former hardware salesman with chronic knee pain. “We have insurance, but can’t afford to use it.”

 

In many states, more than half the plans offered for sale through HealthCare.gov, the federal online marketplace, have a deductible of $3,000 or more, a New York Times review has found. Those deductibles are causing concern among Democrats — and some Republican detractors of the health law, who once pushed high-deductible health plans in the belief that consumers would be more cost-conscious if they had more of a financial stake or skin in the game.

 

“We could not afford the deductible,” said Kevin Fanning, 59, who lives in North Texas, near Wichita Falls. “Basically I was paying for insurance I could not afford to use.” He dropped his policy.

In other words, Obamacare’s “affordable care” is affordable, as long as one doesn’t actually have to use it!”

Read more:

http://www.zerohedge.com/news/2015-11-15/meet-family-just-spent-half-its-annual-income-paying-obamacare