I got a call from my Healthcare insurance company. They let me know on June 1st my premium will increase $102 mo. Family of three $10,000 deductible, $544 mo. up to $646 mo. an 18.8% increase. This is on top of the 19.4% in May of 2012 and 21% in May of
2013. What happened to the $2,500 decrease Obama promised? The company rep wanted to give me some options, first thing he figured out was how much subsidy (welfare) I would get. It turns out I would receive a $621 per month subsidy. My first thought, wow, my premium will drop to $25 per month. The rep said no, the ACA (Obamacare) premiums are higher. The bronze plans run from $1,156 to $1,246 per month. The rep proceeded to go through plans and prices, and then subtracting out my very generous hardworking taxpayer paid Subsidy, it turns out all the ACA plans will cost me about the same or more than what I'm already paying even with the $621 subsidy. I was on the phone 1hr 15 minutes. The plan I have is good, I have a $10,000 deductible which some think is high, but that is all I pay, almost everything is covered 100% after my deductible. It covers more than the bronze plan except one thing, pregnancy, my plan doesn't cover pregnancy, at 59, I don't care. The ACA deductible is $6,250 per person and $12,500 for the family.I'm going to stick with the plan I have as long as I can.
If 50 million families signup and get a subsidy, it will probably average more than $621, I have a decent income, who's going to pay for it?
What is 50 million times $600? Where is that money coming from? End of my never ending rant. Grr... Mikek