The other thing that people are not examining is not the rise in the premiums alone, but the rise in the deductibles and “out of pocket expenses” which will now amount to about $10,000 per year for everybody, including the buyers of Medicare Advantage plans, which have been gutted.
Many of the buyers of these plans are people on fixed incomes, not just SS, but usually some sort of work pension as well. These supplemental plans used to cost between $35-$100 per month, deducted from your SS payment. Now they are “free” - with a note from the insurance company that they are being paid directly by the government to manage them - so instead of a predictable modest deduction per month, now buyers of these plans will have no deduction but will have to come up with an unpredictable and uncontrollable amount $10,000 per year between the deductibles and the vaguely designated out of pocket expenses.
Way to go, Bambi! Destroy the health care of fixed-income senior citizens too, while you’re at it.
The deductibles have risen so high that the new policies amount to nothing more than disaster coverage not the “major medical” policies that they used to be. Obamacare is going to kill the quality of healthcare until it resembles that of 3rd world countries. Only the wealthy or those with connections to the political elites will receive the type of medical treatment that once existed. Mark my words.