Welcome to the realities of Obamacare
Posted by richrobinson 10 years, 9 months ago to The Gulch: General
My nephew is married and has one child. He works for Midas and they just had a meeting today to discuss their health care plan. The current plan cost him $45.00 a week and included all 3 with eye and dental and a $2,500.00 deductible. The new plan will be $84.00 a week, does not have eye and dental and carries a $5,000.00 deductible. I guess someone finally read the Affordable Care Act and found out what was in it.
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We're both self-employed and pay for it outside our companies. We have looked into doing it within one of the companies, but this has been favorable so far.
Wow. We pay $430/mo for an 11k deductible, a non-PPACA-compliant plan I started Dec 31, 2013. As of Dec 31 of this year, I'll have to go on a compliant plan. That would have cost $800/mo, but they said part of that is they don't know how to price risk b/c they don't know what kind of deluge of people who are already sick will sign up. If it's not as bad as they expect, the price next year may be < $800/mo.
This is roughly the situation I expected b/c we're in decent health, and the insurance company did tests to prove it before insuring us. Any one with a brain knew that "insuring" against a peril that already occurred would be pricy.
That summarizes the whole thing.
That's what results when 535 lying power mongers vote in favor of a bill that has no rational basis. The decision included the assumption that a lying power monger who has had no management experience can re-design (successfully without negative side effects) two lines of business (health care and insurance) that have been developed over the course of centuries, affect millions of people and thousands of businesses, employ hundreds of thousands, and have capital value of trillions.
The government of the United States consists of immoral confidence tricksters guilty of fraud, corruption, and treason.