I had dinner with a couple of friends last week. He is a self employed photographer, she is a dental hygenicist. She used to pay $150/month for medical insurance, and her husband paid a few hundred a month more. They have both been notified that their insurance will be cancelled because of obamacare.
Guess how much it will cost to replace the same thing under obamacare for them?
$13,000 per month! I am not making that up.
This thing is going to crush the middle class and make them dependent. The health care system is going to go into convulsions. It is an epic disaster.
After the election, those covered by their employers (the bulk of the population) are supposed to be thrown into this catastrophe en masse.
The original plan was to blame the chaos and suffering on capitalism and greedy insurance companies, and drive through nationalized health care to “solve the problem”. We will see if it flies, or if they have overreached and suffer a massive backlash. Either way, the health care system is scheduled to crash first, in 2015.
Ocare is bad, but I’ve not read a number that high anywhere. Because Ocare requires everyone to have a fairly high end policy, that is where the $13k a year comes from that I read about the most. Frankly, this might have worked if they pushed major medical policies but I don’t see how this mess is going to work. That is what happens when the two culprits that caused the problem, gov and insurance companies, take it upon themselves to solve it.
Not $1,300 but THIRTEEN THOUSAND a month? And then there are deductibles, co-payments and on and on...
Are you sure? This sounds like a possible annual cost - not monthly. Do any of them have pre-existing conditions which would cause them to be rated? I live in VA, am between 60-65 in relatively good (not perfect) health and I got a decent policy for about $400/month from Anthem Blue Cross.