WASHINGTON — A so-called “family glitch” in the 2010 health care law threatens to cost some families thousands of dollars in health insurance costs and leave up to 500,000 children without coverage, insurance and health care analysts say.
That can make a huge difference; the Kaiser Family Foundation said an average plan for an individual is about $5,600, but it goes up to $15,700 for families. Most employers help out with those costs, but not all.
Health Care Reform Calculator
Estimate your annual health insurance premium
“This tool illustrates health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges (or “Marketplaces”) created by the Affordable Care Act (ACA). Beginning in October 2013.”
Obamacare Will Increase Health Spending By $7,450 For A Typical Family of Four
It was one of candidate Obama’s most vivid and concrete campaign promises. Forget about high minded (some might say high sounding) but gauzy promises of hope and change. This candidate solemnly pledged on June 5, 2008: “In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States.” Unfortunately, the experts working for Medicare’s actuary have (yet again) reported that in its first 10 years, Obamacare will boost health spending by “roughly $621 billion” above the amounts Americans would have spent without this misguided law.
What this means for a typical family of four
$621 billion is a pretty eye-glazing number. Most readers will find it easier to think about how this number translates to a typical American family—the very family candidate Obama promised would see $2,500 in annual savings as far as the eye could see. So I have taken the latest year-by-year projections, divided by the projected population and multiplied the result by 4. Simplistic? Maybe, but so too was the President’s campaign promise. And this approach allows us to see just how badly that promise fell short of the mark. Between 2014 and 2022, the increase in national health spending (which the Medicare actuaries specifically attribute to the law) amounts to $7,450 per family of 4.
NYTimes probes, finds new law may actually limit choices after all
WASHINGTON — Federal officials often say that health insurance will cost consumers less than expected under President Obama’shealth care law. But they rarely mention one big reason: many insurers are significantly limiting the choices of doctors and hospitals available to consumers.
Exclusive: Rand Paul wants Chief Justice Roberts, all federal workers, to enroll in Obamacare
Arguing federal workers should not get special treatment, Rand Paul says he does not want taxpayers subsidizing the personal health care plans of any federal employee — including Chief Justice John Roberts — anymore.
Congress & All Federal Workers Should Enroll In Obamacare
Obamacare Supreme Proposal – Rand Paul: Roberts & Rest Of Court Should Enroll In Obamacare