Health care cost to exceed 25k in 2016

[Sun Devil 92]

From the Obummercare website:

Obamacare Bronze Health Insurance Plans

Age 30 Age 40 Age 50 Age 60
$257.68 $289.88 $405.28 $615.15

Bronze Plans are designed so that insurance companies will typically pay 60% of covered healthcare expenses with the remaining 40% to be paid by consumers. However, as illustrated below, this does not mean that the insurer pays 60 cents of every dollar of healthcare expense for an enrollee. The consumer’s expenses are in the form of out-of-pocket fees over and above the cost of the plan’s monthly premium. Out-of-pocket expenses in 2016 are capped at $6,850 for individual plans and $13,700 for family plans, though plans can apply lower limits if they so choose.

The 60/40 payments by insurer versus enrollee are based on projected use of healthcare services by plan members. The actual out-of-pocket expenses of any single beneficiary may work out to be more or less than this ratio. Those people whose out-of-pocket limits reach the annual maximum could see their share of covered healthcare costs discontinue until a new calendar year begins and the annual limit is reset.

Out-of-pocket expenses include fees like deductibles, copayments, or coinsurance. Different plans will approach the 60/40 split in various ways (see the table below) so it is important to research the financial details of a specific plan before deciding which one to purchase. For example, a person who has frequent medical expenses may want a Bronze Plan with a lower deductible (depending on premium) while a healthy person may want the opposite.

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Bottom line is that you'll pay out anywhere from 3 grand to over 7.2 grand just for the luxury of paying out 7,000 more.

Yeah, that's real affordable.

Catastrophic plans were about 1,000 a year with a 7,500 deductible before.

Good job.

But you know all these costs. You lie through your electronic teeth every time you post.

No, you will pay anywhere between 0 and 7.2 grand, depending on your income and what you will get is not some mickey mouse insurance ridden with fine print. No, you will get insurance that you can be assured meets minimum standards, covers essential preventative care without a deductible and will not kick you off when you get sick.

That's a real difference and a significant change forward in meaningful affordability.

Oh, yes...I forgot....the infamous "junk plans" that were never called that until the administration got it's butt handed to them.

Problem is: They were not junk. I had a couple of them and they were fine for what they did.

Your minimum standards do nothing but raise costs.

And the only way you might pay less than a whole lot is with subsidies......that isn't cutting cost.

First you say the law doesn't address affordability, then switch to claim it doesn't reduce cost when I bring up income based subsidies.

Goal post move much?

There was plenty of junk in the market, to claim otherwise is to not know the history of this topic. If there is one thing few people try to deny is that the system had some serious problems.

And just because it didn't happen to screw you over doesn't mean it didn't screw others who got coverage denials, got kicked off or couldn't get insured at sane rates due to pre-existing conditions.

Your post is a lie.

My claims have been quite consistent.

It is you who seems to deflect when you can't make your point with any reasonable evidence.

The term "junk plan" was never used until Obama got his ass handed to him. Your stupid claim about history is of no value. As CATO put it so well "Obamacare has made inexpensive insurance illegal". By any standard, there is more junk in the market now than there was before.

Nobody denied there were issues before. Polls show continuously, that those issues have not gone away.

Stop with the bleating. about deined care. That was government backed insurance industry care before. People now just simply can't afford to get it or use it.

Your story has been played out by others who tried the same crapp for an argument and walked away losers.

Obamacare fixed nothing.