Our open enrollment is coming up in a few months, and we've been told to
expect a pretty significant increase. Starting this month, they are taking an
extra $50 per month out of our checks to cover an "Obamacare subsidy".
Supposedly this is not related to our own health care, but is a way for the
government to fund the exchange subsidies.Many of us our worried
that our small employer (~20 employees) may simply opt out and force us onto the
Obamcare exchanges. I've used a calculator to determine two things about
my situation if that happens:1) My family income is too high to
qualify for any subsidy2) If we wanted the high deductible ($2000
per person) Silver plan, it would cost us over $1200 per MONTH for just the
premiums + full prices until the deductible is reached (which would be never).
This is about 400% more than we have ever paid for health care received through
an employer.It would devastate our family budget to be forced to pay
an extra $900 per month for health care premiums, not to mention the higher
out-of-pocket expenses for basic doctor visits.
This article sure rings true in my household. For seven years straight I have
gone backward in take-home pay because of increases in insurance rates, even
though I have gotten "raises" during that time.
alt123, I am still wondering what world you are living in?Could it
be that you are one of those who live off of the efforts of others?While Obamacare has yet to be implemented fully, the insurance companies see
it as an excellent excuse to raise the costs of healthcare. As you most
likely do not know, the greatest portion of our national debt is owned to US
insurance companies. They own us, over $15 trillion worth. Not to be a
conspiracy theorist, but isn't it interesting that many of the new laws
passed by congress, including Obamacare, are ones that will benefit those
massive insurance companies the most? There is no cap on what these companies
can charge you anywhere in the many thousands of pages of the Obamacare bill.
"The Affordable Care Act will reduce healthcare costs and decrease the
federal deficit" Barrack Obama.
I've heard that it's actually easier to understand the millions of
pages of IRS tax code, than it is to understand Obamacare.
@Brahmabull - Yes, unfortunately there were enough people fooled by it that they
elected the man for a second term so he could really screw it up! It takes a
skewed sense of logic to look a complex problem like healthcare and think: Gee,
lots of people can't afford health care, so instead of addressing the issue
of Cost, let's create a bigger bureaucracy that's actually going to
drive costs even higher and give people less coverage! The Affordable Health
Care for America Act is such a misnomer because it makes healthcare even less
@BrahmabullMost of Obamacare hasn't gone into effect yet,
particularly the measures that'd have dramatic effects on costs like the
mandate, subsidies, and exchanges.Over the past 3 years health
insurance has increases at the slowest rate in half a century (this is
attributed mostly to the recession and lack of inflation rather than Obamacare,
after all I just said last paragraph that Obamacare has mostly not gone into
Was anybody really foolish enough to think that obamacare would help take the
stress out of buying health insurance? It really puts the hurt on the married
middle class, as that seems to be the trend lately.
My entire Canadian income tax load, which includes health care as a portion, is
not much more than $16000. No deductible for MRI, nor a blood test. My US health
care strategy is to have enough insurance to get out of dodge if need be. The
way to reduce health insurance costs here is to stop considering health as
something that can be insured but rather as a service we can provide one