ObamaCare has delivered another sucker punch to the middle class. This time it's sticker shock.
Now that most people can get past the tech problems of HealthCare.gov and actually see the real cost of insurance plans available, they are finding that Affordable Care is a big hit to the family budget. And when the family budget gets hit in the solar plexus, guess what happens to consumer spending and the economy?
In California, policies for about 900,000 Californians are being canceled because of ObamaCare's mandates, and about two-thirds of these do not qualify for subsidies, according to The Chicago Tribune. The result: These folks will be paying higher premiums.
In Alabama, premiums have doubled for some middle-class families, like that of Courtney Long, a stay-at-home mother of four. She told WHNT News, "It's devastating. I started crying."
"I mean, we have worked so hard to get out of credit card debt, get ahead on the car loan, transfer our mortgage to a 15- from a 30-year mortgage… and for what?”
In Tennessee, GOP Sen. Lamar Alexander issued an analysis of a White House report and found the following:
◦ Today, a 27-year-old man in Memphis can buy a plan for as low as $41 a month. On the exchange, the lowest state average is $119 a month — a 190 percent increase.
◦ Today, a 27-year-old woman in Nashville can also buy a plan for as low as $58 a month. On the exchange, the lowest-priced plan in Nashville is $114 a month — a 97 percent increase. Even with a tax subsidy, that plan is $104 a month, almost twice what she could pay today.
◦ Today, women in Nashville can choose from 30 insurance plans that cost less than the administration says insurance plans on the exchange will cost, even with the new tax subsidy.
◦ In Nashville, 105 insurance plans offered today will not be available in the exchange.
In Washington state, ObamaCare will increase the underlying cost of individually purchased health insurance by 34 to 80 percent on average, according to Forbes.
The list goes on and on and includes Texas, Florida, New York, Illinois, Georgia, and North Carolina. But premiums are just the beginning. The deductibles are outrageous, too.
Not so hidden for those racists among us who knew this years ago...The unaffordable Affordable Care Act: Obamacare is already infecting America's economy from 2011
And..I have been reading that if your status changes (raise in pay, etc) you have to pay back the subsidies.
Let me tell ya..when this thing gets going..and people see that they are paying full price for dr visits..or they come into some money and owe the govt for subsidies..all hell is gonna break loose.
RIGHT'S RIGHT 
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Wed Jan 01, 2014 1:26 pm
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