Many Americans have found out exactly what ObamaCare means for them, and they’re not happy. Sure, some will be able to obtain cheaper coverage, thanks to subsidies that hide the true cost of coverage. But too many people are getting stuck with sticker shock.
“My wife and I just got our updates from Kaiser telling us what our 2014 rates will be. Her monthly has been $168 this year, mine $150. We have a high deductible,” wrote Tirge Caps on his diary at Daily Kos, a leftist blog. “We are generally healthy people who don’t go to the doctor often. I barely ever go. The insurance is in case of a major catastrophe.”
“Well, now, because of Obamacare, my wife’s rate is [going] to $302 per month and mine is jumping to $284,” he continued. “I am canceling insurance for us and I am not paying any f**king penalty. What the hell kind of reform is this?”
“Oh, ok, if we qualify, we can get some government assistance. Great. So now I have to jump through another hoop to just chisel some of this off. And we don’t qualify, anyway, so what’s the point?” he asked. “I never felt too good about how this was passed and what it entailed, but I figured if it saved Americans money, I could go along with it.
“I don’t know what to think now. This appears, in my experience, to not be a reform for the people,” he added.
This reflects the feelings of many people, including some who were previously ObamaCare supporters. The San Jose Mercury News recently told the stories of two Californians, both of whom voted for President Obama, who are seeing premium increases because of ObamaCare.
“Of course, I want people to have health care,” Cindy Vinson, who will see a $1,800 annual premium increase, told the paper. “I just didn’t realize I would be the one who was going to pay for it personally.”
KATU, an Oregon-based news station, talked to some local health insurance customers and noted that some are seeing their rates almost double. One viewer told the KATU that his spouse’s premiums will increase from $353 to $644 per month. Another said that his premiums were jumping from $646 to $919 per month.
Twitchy has a good run down of people who complained yesterday on Twitter about higher premiums, higher deductibles or cancelation of the insurance plans after receiving letters from their insurers.
Even plans deemed to be “affordable” come with changes that aren’t ideal for many families. CNN Money noted that one Colorado family was able to get coverage for $357 with subsidies, but it came with a $12,600 deductible, the amount they would have to pay annually before their insurance coverage would kick-in. The family couldn’t justify the expense.
Supporters of the law will say that Americans who purchase coverage on the health insurance exchange are “getting more bang for their buck.” But many people who were happy with their previous plan are being forced to pay for coverage that they either don’t want or don’t necessarily need.
Some Americans will be forced to buy a pricier health insurance plan, compared to what they had before, that they don’t really want or need. Or they can not buy any coverage at all and be forced to pay the individual mandate tax.
Unfortunately, those who are stuck in this precarious situation don’t really have much of a choice in the matter. They’re going to pay either way.