From Tyler Durden at zerohedge.com:
Not a week passes without some incremental revelation showing precisely what happens when Congress passes a bill just to see what’s in it.
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: [link to original articles for below links]
• In Latest Obamacare Fiasco, Most Low-Income Workers Can’t Afford “Affordable Care Act”
• The Stunning “Explanation” An Insurance Company Just Used To Boost Health Premiums By 60%
• Your Health Insurance Premiums Are About To Go Through The Roof -The Stunning Reason Why
• Obama Promised Healthcare Premiums Would Fall $2,500 Per Family; They Have Climbed $4,865
• Largest Health Insurer On Colorado Exchange Abruptly Collapses
• Co-Op Insurers Across America Are Collapsing, And Now There Is Fraud
• “$19,000 Premiums, Up 4x Since Passage”: The ‘Crippling Effect’ Of Obamacare On The Middle Class
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!
To continue reading: Meet The Family That Just Spent Half Its Annual Income on Obamacare
