Posted on 08/04/2015 9:37:21 AM PDT by AngelesCrestHighway
Obamacare has offered insurance to millions of people, but theyre unhappy with the coverage theyre getting and are particularly upset about the costs, according to a survey released Monday that suggests the health care law continues to struggle to win over Americans. Just 30 percent of customers on Obamacares exchanges were satisfied with their coverage, the health care research arm of the Deloitte consulting firm said. Only a quarter of Obamacare customers in the survey were confident that they could get care when they needed it, and just 16 percent felt financially prepared to handle future health care costs, Deloitte said. Those are not high numbers, said Paul Lambdin, a director for Deloittes work on insurance exchanges and retail practices.
(Excerpt) Read more at washingtontimes.com ...
Around fifteen years ago....I was upset with the car insurance going up yearly, and finally sat down with the agent to discuss a big change. I finally said....I wanted the deductible to change. He thought I was discussing going from $500 to $1000. I suggested $2000. He did the numbers and suddenly I cut my yearly cost by fifty percent. He gave me a list of ten reasons why this wasn’t smart. I noted I hadn’t had an accident in my life and was approaching 40.
What happened? All I’ve been hearing from the enemedia is how happy & grateful those who have Obamacare are to have insurance and how much they “love” it. Buyer’s remorse (finally!) setting in ... hmmm?
This is why many people are not buying the insurance and just paying the tax penalty. It's cheaper that way.
I tend to look at insurance like it's supposed to work. It's there to cover the big losses, not the nuts and bolts stuff. You cover the routine things and, if the car is totaled, the insurance picks up most of the tab. Otherwise, I think you're throwing money down a rat hole with a low deductible.
Medical insurance should work the same way.
It's worse than that.
After the deductible is met, unlimited co-pays can be too expensive for a lot of folks.
You might meet your $6k deductible toward the end of a calendar year, and have to start all over again at zero on January 1st. A $6k deductible can become a $12k deductible in a short period of time.
Some health-care expenses might not be covered. (death panels, etc.)
Some doctors or hospitals may not accept your insurance. If you are traveling and you need medical attention, you may unwillingly become a cash-and-carry patient.
You can also be told up-front that your insurance will pay, and then find out afterward that they won't pay (for whatever reason).
A lot of folks are simply afraid to even approach the subject; so they put off going to the Doctor until it's an emergency.
https://www.healthcare.gov/lower-costs/save-on-out-of-pocket-costs/
has the income brackets for the cost sharing reduction plans. Those in the income brackets get a lower subsidy, plus a lower deductible and out of pocket max.
Not all that get a subsidy get a CSR plan. Ie, a couple can get a subsidy under ~$60k, but can only get a CSR plan under ~$40k.
Good job! There are options also that agents ‘forget’ to tell us are not required but are optional - like medical, uninsured motorist, etc.
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