I know that Obamacare was designed to fail. I don’t think, though, that B.Hussein wanted it to fail this soon.
Of course, none of the following information is news to readers of this site or listeners to The Teri O’Brien Show, but apparently many are SHOCKED that when the federal government demands that the Downtrodden and the Oppressed be given free stuff, somebody has to pay for it. Duh! It was obvious that once medical underwriting, as in no exclusion of “pre-existing conditions,” was prohibited, we’re no longer talking insurance. We’re talking income redistribution, confiscating earnings from the young and healthy, forcing them to pay a lot for very little in order to pay for the old and sick. Unfortunately, many Lo-Fo voters somehow couldn’t connect those very obvious dots, even though they are so big, you can see them from space. From the Chicago Tribune:
Adam Weldzius, a nurse practitioner, considers himself better informed than most when it comes to the inner workings of health insurance. But even he wasn’t prepared for the pocketbook hit he’ll face next year under President Barack Obama’s health care overhaul.
If the 33-year-old single father wants the same level of coverage next year as what he has now with the same insurer and the same network of doctors and hospitals, his monthly premium of $233 will more than double. If he wants to keep his monthly payments in check, the Carpentersville resident is looking at an annual deductible for himself and his 7-year-old daughter of $12,700, a more than threefold increase from $3,500 today.
Wait–that’s impossible. When he was conning, I mean, selling the “Affordable” Care Act, the One told us that if we liked the insurance we had we could keep it, and that our premium cost would be reduced by $2500 a year. How can this be?
Many Illinoisans buying health coverage on their own next year will face a similar dilemma spurred by the health care overhaul: pay higher monthly insurance premiums or run the risk of having to shell out thousands more in deductibles for health care if they get sick.
To promote the Oct. 1 debut of the exchanges, the online marketplaces where consumers can shop and buy insurance, Obama administration and Illinois officials touted the lower-than-expected monthly premiums that would make insurance more affordable for millions of Americans. But a Tribune analysis shows that 21 of the 22 lowest-priced plans offered on the Illinois health insurance exchange for Cook County have annual deductibles of more than $4,000 for an individual and $8,000 for family coverage.
Let’s see. Pay higher premiums, and higher deductibles, Serf. What’s not to like?
Although millions of Americans will be eligible for federal assistance to help offset some of those costs, millions will not, underscoring one of the trade-offs wrought under the law’s goal to ensure most people have access to health insurance.…Insurers say the price and cost hikes result from new benefit mandates, additional taxes levied as part of the law and a requirement that they can no longer deny coverage to people with pre-existing medical conditions.
Translation: Bend over, Serf. Barack Obama’s transformation of America is a land of winners, that he picks, and losers. Mr.Weldzius and people like him are the losers. Here are some of winners.