…or does it matter?
Here are some examples that Paul Bedard, writing for the Washington Examiner, described:
- CNNMoney reported one family “found a bronze-level plan for roughly $357 a month, after their subsidy…[b]ut it comes with a $12,600 family deductible”
- Enormous rate increases. A research group found that a 30-year-old male nonsmoker “will see his lowest cost insurance option increase 260%”
- Some who already buy their own insurance are seeing their policies non-renewed, with replacement offers only for expensive new policies. The Christian Science Monitor reported on a North Carolina family who had been buying Blue Cross and Blue Shield insurance for $380-a-month. “BCBS is offering them a new plan for three times the cost, $1,124.50 a month…with an $11,000 deductible”
- A California couple [told the Fresno Bee] that the Obamacare policy suggested to them included a 40% increase in their doctor’s office co-pay. “Our co-pay skyrocketed from 0% to 40%, and the maximum out-of-pocket increased an additional $2,300”
- Kaiser Health News found a lack of competition in some pockets of the country. “18% of counties have only one insurer offering plans, and 33% of counties have only two insurers competing”
- Little uniformity to premiums charged around the nation. “For instance,” Kaiser also reported, “Cigna is offering 50-year-olds one of its midlevel plans for $614 if they live in Flagstaff, AZ; that same plan, with different hospitals and doctors, will cost $428 in Phoenix and $395 in Nashville.”
Whether these (especially the deductibles and the enormous premiums) are actual costs to be inflicted or more IT failures to match up government-snooped personal information accurately, the train wreck is in progress.