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Obama Promises To Lower Health Insurance Premiums by $2,500 Per Year

Tuesday, November 1, 2016 20:43
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(Before It's News)

One of my Facebook friends is someone I went to High School with.  She posted this tonight:

Tonight I decided I wanted to be fully informed about what Obamacare would mean to our family if we chose to pursue it as our health insurance option. I went to the Obamacare website online. That website sent me to an insurance broker who called my home. I told him I wanted to check rates for Obamacare for our family of four. He said, “I can give you a quote but its going to be a terrible plan and more expensive than any other plan because the rates just went up 40% in North Carolina.” I pressed him to give me the rate anyway. He then quoted me a rate of $2195/month with a $14,300 deductible. (That equals basically paying $2195/month with no coverage short of a healthcare catastrophe.) I then asked him how that quote would change if my income was lower. He said that the rate would be exactly the same for anyone over a $40,000/year income. If someone making $40,000/year (only $16,717/year above the poverty level for NC) decided to sign up for Obamacare, they would be paying $26,340/year in insurance premiums plus whatever health care costs they had until they met their $14,300 deductible. (By the way, if this happened, it would mean, at that point, they would have spent more than they make/year on their healthcare.)

Who wants to sign up for that deal?

Nobody. Nobody at all.


I refer you back to February’s post, “American Health Care is All Over But the Screaming.” Read the links. And the links in the links.

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