To the Editor:
President Obama’s signature Affordable Care Act is becoming unaffordable.
In Illinois, all carriers and plans are not available throughout the entire state. To receive a quote on Obamacare, people must input personal information via a state-built website that has ties to an insurance exchange run by Illinois and the federal government, at which time the applicant receives the available policies and the amount of the tax-supported subsidies. Normally, when insurance quotes are requested, the individual contacts an insurance agent directly and receives a quote. All information is private. Obamacare makes all personal information available to the NSA.
In Illinois, the monthly health insurance rates can range from over $100 to about $300 for healthy individuals, while the family rate can cost $450 or higher per month. Older couples might even pay more than the family policies. The value of the taxpayer-supported subsidies are meaningless because in Illinois the deductibles for many of the Obamacare policies are over $2,000 per year.
With high deductibles, clinics and doctors may start to require payment at time of service. Also, Obama promised that everyone could retain their current physicians and health insurance coverage. Health insurers are readjusting their health policies, which could result in changes in doctor’s networks and coverage to comply with the requirements of Obamacare. The promises that Obama made to get his health care law passed are invalid.
How can anyone afford Obamacare? There is the higher monthly premiums that must be paid when due otherwise the insurance can be discontinued.
Who can afford the thousands of dollars in deductibles before the insurance starts to pay for health services? Can anyone, especially those that receive a subsidy, pay the doctors or clinics at time of service?
The penalty, collected by the IRS, for not having the required health insurance is 1 percent of the applicant’s income or $95, whichever is greater.
What is cheaper, Obamacare or the penalty?