Yesterday’s post about my personal introduction to
Obamacare lacked only one thing. Since I have been unable to penetrate the gauntlet
of fire breathing dragons that protect Healthcare.gov, I have only been able to
fret over what the cost might be. I said yesterday that my “trick knee” was
telling me that I was about to be paying a lot more for my health insurance.
Now, the truth can be revealed. Always trust your trick knee.
A friend of mine and colleague, Blair,
happens to be a broker with Anthem, and as such has what amounts to a back
stage pass to the troubled web site.(How come it’s always the beautiful blondes
that wind up with back stage passes?) Anyhow, she was kind enough to print out
all of my Obamacare options for me. Eight pages long, and 22 different options
thick, I was greeted with a dizzying array of precious metal choices, bronze,
silver and gold. I can only assume that the platinum and titanium levels are
restricted to politicians and their families.
Ok, my present coverage with Anthem carries with it
a $3500 deductable and a $5000 family out of pocket per year, which means that
I have to rack up over 5 grand in medical expenses every year before my policy
will pay anything. For this catastrophic coverage I pay $610 per month. So, the
first thing I did when presented with my eight page printout was to find which
plan was the closest to what I already have. It turned out to be something
called the “Anthem HealthKeepers Preferred Direct Access HMO GOLD plan. Only,
this plan carries a $7000 family out of pocket. Wait, I thought that one of the
objectives of Obamacare was to give people better, more comprehensive
protection. But, the richest plan offered to me will require me to pay MORE out
of pocket, not less. Hmmm. Now for the fun part. What will my premium be for
this inferior policy? Instead of $610 per month, it will be my new privilege to
fork over $1384.15 per month, a 127% increase. The good news, I’ll have “wellness
care.”
No reason to panic, I thought. After all, that was
the Cadillac gold plan. Suppose I buy the bare bones bronze plan? Turns out that
going back to the Bronze Age would force me to accept a $12,700 yearly out of
pocket expense, and my premium would still
be higher than I currently pay, $770.77 per month compared to $610.
So, it would seem that under Obamacare I will have
to accept much higher out of pocket expenses and ridiculously higher premiums, a twofer!
When I consider the fact that this bill was
conceived and designed by politicians, I am reminded of that old line about the
camel and the racehorse. “A camel is a racehorse designed by a committee of
politicians.”
Doug, I have been a part of Medi-Share for the last two years, which is Christian Medical Sharing, and have seen it come through for me in the past year because of certain medical needs. It is exempt from Obamacare regulation. :)
ReplyDeleteI encourage you to consider it as an option. Here's the link to their website: http://mychristiancare.org/medi-share/