Most of the public policy costs were starting to appear in August. The OPM folks were supposed to put out the flyer with gov’t employee rates for 2015 in early October, but they’ve yet to do that (no reason given for the delay)....but they all have to sign up by early December.
The issue will be that a number of folks quit for 2014 because of costs, and the insurance companies were reviewing the data collected for this past summer, and devising the new rates. At best, I’d expect most all policies to go up by five to ten percent. Some might even hit twenty-percent.
The immense savings that kept getting mentioned in 2009/2010? It’s foolish for anyone to say much about that now. I’m even wondering if someone out there is working on a $10,000 a year deductible plan that only costs you a $100 a month for a family.
So basically no one except that lucky percentage of the public who still have jobs with group plan type healthcare coverage with a vastly reduced rate will be able to afford Obamacare. The others who are forced to have to buy something they can’t afford and won’t be able to pay many of their bills because of it will find out that their out of pockets costs and deductible on the plan are extremely high and really don’t pay much unless they have a serious illness and basically amounts to disaster coverage in the long run. Yeah, it does sound like a fancy way of skimming The People and a racket when you think about it. I wonder how much of a percentage Fed Gov keeps of the premiums?