posted on May, 4 2014 @ 12:18 PM
I would like to get something straight....
If we look at a typical Bronze plan that the vast majority of below middle class would use we get a monthly premium of:
Age 30=$263 Age 40=$296 Age 50=$413 Age 60= $627 per month.
The typical deductible is $5000 - $6000/individual and about $12000/family. What this means is you basically pay 100% until you use up your deductible
then the insurance kicks in. This is basically called "catastrophic insurance" since the typically family will not burn though the deductible before
it starts all over with a new year unless a real health condition happens.
So you are, lets say, a family that lives month to month and now you have a new 300/per month bill added to your month to month, and then you find out
that for every doctor visit you are basically footing the full bill until you burn though your deductibles....
How many of these families can afford the monthly and then pay an extra 6000 to 12000 deductible? So when you see that person that says "I have
insurance now, thanks OBAMA!!" I hope they realize they really don't have it until they spend about $9000 in premiums and deductibles.
With all this said, I really do not think the whole web sign-up fiasco is the biggest problem. Everyone right now is thinking "I have insurance"
without really understanding what that means. As we see in the next couple of years I will expect the number of sign-up to start to go down and not up
as people drop out of it and go back to rolling the dice once they see that they are actually paying out of pocket for a large sum and still expected
to pay a premium.