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…Minnesota’s top insurers have laid out a list of technological problems that they say may keep people who’ve enrolled in a health plan from being covered on Jan. 1.
Insurance carriers selling plans on the state’s insurance marketplace say enrollment information they’re getting from MNsure, is inaccurate and incomplete – and that time is running out to fix these problems.
“At this late date, the health plan companies do not have most of the names or information on individuals who have enrolled through MNsure,” Julie Brunner, executive director of the Minnesota Council of Health Plans wrote in a letter to MNsure Executive Director April Todd-Malmlov and Lucinda Jesson, Minnesota Commissioner of Human Services.
Add Minnesota to the list of “#obamacare exchanges about to wreck YOUR insurance coverage.”
A close examination of lower-cost Obamacare options (Bronze) reveals that they are simulacra of actual healthcare insurance, facsimiles of coverage rather than meaningful insurance. The coverage requires subscribers to pay 40% of costs after the deductible, which is $9,000 per family. Total maximum out-of-pocket expenses are $12,700 per family. This coverage would cost us $1,150 per month, and considerably less for younger people.
How many families in America have $9,000 in cash to pay the deductibles, plus the $13,800 annual insurance fees? That totals $22,800 per year. If some serious health issue arose, the family would have to come up with $12,700 (out-of-pocket maximum) and $13,800 (annual cost of insurance), or $26,500 annually.
Is healthcare that costs $26,500 per year truly "insurance"? I would say it is very expensive catastrophic insurance in a system with runaway costs.
The entire Obamacare scheme depends on somebody paying stupendous fees for coverage which then subsidizes the costs for lower-income families and individuals. How many households can afford $23,244 a year for Gold coverage plus $12,700 out-of-pocket for a total of $35,944 annually? How many can afford $26,500 for Bronze coverage?
Recall that the median household income in the U.S. is around $50,000.