Obamacare- Deductibles are the death panels

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obamacare is open

Here’s Alzheimer’s sufferer Nancy Pelosi speaking the words she no longer remembers.

“And everybody will have lower rates, better quality care and better access.”

Obama promised that the average family would save $2500 in premiums yearly.

As is always true of anything democrats say, the devil is in the details.

“We’ll do it by investing in disease prevention, not just disease management; by investing in a paperless health care system to reduce administrative costs; and by covering every single American and making sure that they can take their health care with them if they lose their job,” he said at the time. “We’ll also reduce costs for business and their workers by picking up the tab for some of the most expensive illnesses.

“We won’t do all this twenty years from now, or ten years from now,” he said. “We’ll do it by the end of my first term as President of the United States.”

No we won’t. We’ll do it with the magic of high deductibles:

Never mind rate shock. Today, the Detroit Free Press hits a topic I’ve been writing about for weeks now — deductible shock. This, even more than the higher premiums, is the main reason I’ve written that Obamacare is junk insurance. If your deductible goes up, it leaves you paying for more of own care, so that means you’re not as well insured as you were before.

Many of the people seeing their policies canceled right now were in situations like mine — they previously had individual market plans with what they thought were already high deductibles. Then Obamacare goes into effect, and boom! The only plans coming anywhere near to being comparable in terms of premiums carry significantly higher deductibles than anyone was used to or willing to accept:

In southeast Michigan, deductibles in most of the 14 bronze plans listed on the marketplace — those with lower premiums — top $5,000 for a single person and $10,000-$12,000 for a family. Insurance won’t kick in until those out-of-pocket costs are met.

“(People) are saying ‘I can afford to buy health care, I just can’t afford to get sick,’ ” said Allen Zuppke, a Southfield insurance broker who helps consumers weigh risks, costs and options in buying health insurance….

The democrat Governors of three states- Jay Inslee of Washington, Steve Beshear of Kentucky and Dannel P. Malloy of Connecticut- penned an op-ed in the Washington Post in which they blather on about how they made Obamacare work.

One such person is Brad Camp, a small-business owner in Kingston, Wash., who received a cancellation notice in September from his insurance carrier. He went to the state exchange, the Washington Healthplanfinder, and for close to the same premium his family was paying before got upfront coverage for doctor’s office visits and prescription drug , vision and dental coverage. His family was able to keep the same insurance carrier and doctors and qualified for tax credits to help cover the cost.

Since Howard Stovall opened his sign and graphics business in Lexington, Ky., in 1998, he has paid half the cost of health insurance for his eight employees. With the help of Stovall’s longtime insurance agent and Kentucky’s health exchange, Kynect, Stovall’s employees are saving 5 percent to 40 percent each on new health insurance plans with better benefits. Stovall can afford to provide additional employee benefits, including full disability coverage and part of the cost of vision and dental plans, while still saving the business 50 percent compared with the old plans.

In Connecticut, Anne Masterson was able to reduce her monthly premiums from $965 to $313 for similar coverage, including a $145 tax credit. Masterson is able to use her annual premium savings of $8,000 to pay bills or save for retirement.

There’s something left out of all three stories- the deductible.

As I live in Connecticut I thought I’d visit Accesshealthct.com and see for myself how affordable Obamacare is. I found out.

For the sake of argument, we’ll use a Silver Point of Service plan whenever possible.

For a couple aged 65 and 62 with no dependents making $120,000 per year, the monthly premium is $1360 with a deductible of $10,000 and an annual maximum out of pocket cost of $12,500.

For two married 40 year olds making $45,000 having no dependents the monthly premium is $350 with a deductible of $6000 and an annual out pocket cost of $12,500.

For a single 27 year old in New Haven County making $63,000 the monthly premium would be $300 with a deductible of $3000 and an annual out of pocket cost of $6250.

For a single 25 year old making $30,000 in New Haven County the monthly premium is $208 with a $3000 deductible and an annual out of pocket cost of $6250.

For a married couple in Hartford County, age 55 and 54, with three kids, 20, 17 and 14, making $100,000 the monthly premium is $800 with a deductible of $6000 and an annual out of pocket cost of $12,500.

The same family making $60,000 per year faces a monthly premium of $350, a deductible of $5,000 and an annual maximum out of pocket cost of $10,400.

A 23 year old making $21,000 looking into a Bronze plan has some interesting options. One offers a virtual zero monthly premium but a deductible of $6000 per year and a maximum out of pocket of $6250. Per year. Or he or she might choose a plan with a $7 per month premium with a deductible of $3250 and an annual out of pocket cost of $6250 but has to pay 40% of any ER costs.

For me, a Silver plan would cost me far more than I pay now, with a higher deductible and a lot more in out of pocket maximum. As far as I am concerned, the junk plan is the one Obama would push me into.

I am trying to find out more about this Anne Masterson. Search as I might, I locate only one Anne Masterson, who is identified as an attorney in Norwich.

For many, rates might come down, but the deductibles are the rest of the story and they are onerous. Obama supporters do not understand the difference between coverage and care. Getting coverage is easy. They are going to find out that getting care is expensive.

And getting sick will kill you.

DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education. DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed. Except for liberals being foolish.

8 Responses to “Obamacare- Deductibles are the death panels”

  1. 1

    FAITH7

    Hello – Former Middle Class Wealthy of America –
    Welcome to the “Fundamental Transformation (to Full Blown Socialism) of America”

    Courtesy of America’s Low Information Voters and No Information Voters…. of course our resident Moochers and of course the Rah! Rah! Clowns below.. who have been instrumental in bringing you Ofraud Care…and who will be instrumental in taking away whatever prosperity you ‘think’ you may have had – to pay for loosers…

    Press Release (Nancy Pelosi public ‘statement’ via Press Release)
    Tuesday, October 13, 2009

    ….I’d like to thank our three Chairmen who have led the way
    Chairman Charlie Rangel of Ways and Means.
    Chairman Henry Waxman of the Energy and Commerce Committee.
    Chairman George Miller the Co-Chair of the Steering and Policy Committee and the Chairman of Committee of Jurisdiction as Chairman of Education and Labor Committee.
    Chairman John Larson
    Vice-Chair Xavier Becerra.
    ————————————————–BUT WAIT…There is more…MORE LIES…

    ââ‚Å“This is why this legislation is important: affordability for our middle-class that lower costsfor every patient, reins in premiums, co-pays, and deductibles, limits out of pocket costs, and lifts the cap on what insurance companies cover each year. Affordability for the middle-class and security for our seniors.

    Oh, and Nancy Pelosi also has a Bridge she wants to sell you too!

  2. 2

    Nan G

    People also fail to realize that the ”subsidy” only happens IF they pay taxes to Uncle Sam.
    An imaginary tax credit is on your tax form or refund.
    BUT the credit goes to the insurer, not to you!
    I think a lot of people miss this point.
    A lot of people who are going to get a whole new sticker shock should they fail to file federal taxes.

  3. 3

    Doramin

    For the last time. Of course Obamacare was supposed to be unworkable but the plan was that we were to suffer through it for a few years at least, growing more and more desperate until we were all supposed to get down on our knees and beg for single-payer, government-run.

    Obamacare was NOT supposed to explode on the launchpad. The only question is if the administration and its lackeys on the Hill and the MSM are going to have the chutzpah to try and push single-payer in the midst of this meltdown?

    There are still a few who are trying to tell us that we’ll eventually somehow suck it up and learn to live with it…just like curly lightbulbs and low-flow toilets. All so those (33 million?) poor and downtrodden can have health insurance at the expense of us genetic lottery-winners. Or something. Unfortunately, this is not just another inconvenience this is catastrophe. And it has barely begun.

  4. 4

    Smorgasbord

    A person is better off going to Mexico, become a Mexican citizen, then sneak into the USA as an illegal. They INSTANTLY qualify for MY Social Security money, low cost schooling, other things Americans don’t get, and now they are written into the obamacare bill, so they get free medical care, but don’t have to pay into it. Only in America! It’s great to be an illegal in America. Where else can you NOT pay any taxes, but get all the free stuff they get?

  5. 5

    John

    In southeast Michigan, deductibles in most of the 14 bronze plans listed on the marketplace — those with lower premiums — top $5,000 for a single person and $10,000-$12,000 for a family. Insurance won’t kick in until those out-of-pocket costs are met

    That explains why they raised the percentage of income medical expenses has to be in order to itemize them.

  6. 6

    Pete

    When an unmarried couple ends up delivering a baby that comes into the NICU for 2-3 days, they are going to be very angry when they get hit with a bill for the annual cap of $10-12000 before their obamacare insurance kicks in.
    And they will get such bills, because the obamacare insurance will decline to pay anything until proof is provided that the couple has billed for such first.

    Obamacare needs to be repealed, period. How can anyone continue to support something that has been so clearly exposed as a blatant, manipulative fraud? You would never enter into an agreement with any private business that was so thoroughly untrustworthy and unreliable. It is only the hyper religious leftist belief in the oppressive power of socialist bureaucracy that drives the insanely stupid devotion to such an abominable failure.

  7. 7

    Tired American

    @Pete: Plus, Obamacare has yet to set up a plan to actually pay for the bills that it accumulates. So in the end, the policy holder may be stuck with the entire bill.

  8. 8

    Smorgasbord

    @Tired American: #7
    The part of the obamacare web site that lets you pay for obamacare isn’t programmed in yet. You are not OFFICIALLY signed up until you send them the money, and there is no way for them to accept any money yet. As money-hungry as the obama administration is, you would think that that would be the part they would program first. Try to convince me that the whole system isn’t set up to fail.

    They had three years to set it up, and spent $600,000,000 on it. In about two weeks two kids set up a site that does everything the obamacare site does. The ones who created the obamacare site used outdated 10 year old technology, have had 20 problem projects that they were connected with BEFORE obamacare, have received about $1,000,000,000 in new contracts since their failed obamacare site, but one of the officials of the company is friends with Michelle.

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