Let’s look at the actual impact of Obamacare
My wife, age 60, has a high-deductible policy with Humana. She got a letter today from Humana outlining the exact impact of Obamacare on her insurance coverage. In essence, she has a choice of converting over to an ACA-compliant policy now, or continuing with her current policy until the end of 2014 (at which point she will no longer have a choice and will have to convert over). Here are her options:
| Option A – Current Policy | Option B – ACA-compliant | |
|---|---|---|
| Policy Name: | HumanaOne Copay /80% | Humana Natl Prefered Bronze |
| Provider Offering/Network | Humana/ChoiceCare Network PPO | National POS – Open Access |
| In-network deductible | $5000 ind/$15000 fam | $4850 ind/$9700 fam |
| In-network coinsurance | We pay: 80%/You pay: 20% | We pay 80%/You pay 20% |
| In-network office visits: | 6 visits after copay; $35 PCP/$60 specialist; then 80% after deductible | 3/$55/$55/$45/$80 |
| Separate prescription deductible | $700 | $1500 |
| In-network coinsurance out-of-pocket limit | $3500 ind/$7000 fam | $6350 ind/$12700 fam |
| Health savings account qualified | No | No |
| Essential Health Benefits | No | Yes |
| Monthly premium | $451.04 | $759.92 [68% increase] |
The letter goes on to say (emphasis mine):
If you policy premium increases, you should know this isn’t unique to Humana — premium increases generally will occur industry-wide. Increases aren’t based on your individual claims or changes in health status. Many other factors go in to your premium, including:
-
ACA compliance, including the addition of the new essential health benefits
-
Increase costs of medical care
-
Your age and where you live
All I can say is: thank you, President Obama & Congressional Democrats.
Category: 2014 Election, Creeping socialism, Healthcare Reform, Idiot Congresspersons, Main, Obama Administration
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