My God, what crap plans are they offering on the federal exchanges? If this doesn’t make you want to delay this law for a year, I really don’t know what to say.
Breitbart reported…oops, my bad, The New York Times (paper of record?) reported on what is actually going on and offered on the Obamcacare Exchanges with concrete, real-life examples.
“In El Paso, Tex., for example, for a husband and wife both age 35, one of the cheapest plans on the federal exchange, offered by Blue Cross and Blue Shield, has a premium less than $300 a month, but the annual deductible is more than $12,000. For a 45-year-old couple seeking insurance on the federal exchange in Saginaw, Mich., a policy with a premium of $515 a month has a deductible of $10,000.
In Santa Cruz, Calif., where the exchange is run by the state, Robert Aaron, a self-employed 56-year-old engineer, said he was looking for a low-cost plan. The best one he could find had a premium of $488 a month. But the annual deductible was $5,000, and that, he said, “sounds really high.”
I thought $12,000 deductibles were junk plans on the individual market? If it was me, I’d say “pass” and take my chances. And this is what Democrats will proudly run on in 2014? I’ll say it again, they should have listened to Sen. Ted Cruz and ironed out the bugs and warts on this Obamacare Bill.
It gets worse, according to The Washington Examiner, I mean, The New York Times. “Many people buying insurance on the federal and state exchanges are expected to qualify for subsidies. But in the first month, for reasons that are not clear, only 30 percent qualified. The others must pay the full premium and will be subject to the full deductible.”
So doing the math, 70% get the finger and pay full freight for what can be, crap plans, at least based on my standard. How do these deductibles stack up to a typical public employees health care plan? Just curious…
“Brian H. Snoddy, 35, of Palmyra, Va., said his wife and two children had a policy with a $330 premium and a $2,500 deductible, but it is being canceled. For new plans with comparable coverage on the federal exchange, he said, “the deductibles are way higher, $5,000 or $6,000.” Is this what we call “forward” or “progress”.
Now for the finale, the kick in the groin. People are eligible for subsidies if their income falls below “$28,725 for an individual or $48,825 for a family of three. So you make $14.00 hour and work 40 hours a week, no life preserver for you! Get to work and work harder to pay for those that can’t or don’t!!
Yet, and a bit off track but relevant. BMG’ers defend Harvard’s tax exempt status……$14 an hour vs $32 Billion Endowment Fund, I side with the $14 hour person and tax the $32 Billion Endowment, but I’m crazy I guess.