There will be more uninsured after Obamacare takes full effect than before.
It's called the Affordable Care Act, but President Obama's health care law may turn out to be unaffordable for many low-wage workers, including employees at big chain restaurants, retail stores and hotels. Under Obamacare companies can meet their legal obligations by offering policies that would be too expensive for many low-wage workers. For the employee, it's like a mirage -- attractive but out of reach. Companies with 50 or more full-time workers are required to offer coverage that meets certain basic standards and costs 9.5 percent of an employee's income. Failure to do so means fines for the employer. For low income families there is just not any left over for health insurance what the government is requiring employers to do isn't really something their low-paid employees want. Low-wage workers making more than about $15,900 won't be eligible for the law's Medicaid expansion, shutting down another possibility for getting covered.
I doubt Obama(or whoever he is) understood or even read the Affordable Care Act. He strikes me as too stupid and too lazy to have ever come up with such a wonderful plan for the insurance companies. Has he ever discussed it without a teleprompter?
I had Kaiser-Permanente from 1971 til last year. Never had an increase in my co-pays. I'm sure my company and later SS did get increases on the primary premium. I'm in Arizona and have another insurer. Just got notification of a 20% increase in my premium Plus, I pay a large deductible until I pay a certain amount each year. I and my family got excellent care through Kaiser all those years. Health insurers get in bed with state pols and pass laws that make it almost impossible for HMO's like Kaiser to come into their states. I think it was probably the insurers behind Obama Care. "Our?" representatives voted on a bill they knew nothing about. A criminal act as far as I'm concerned.
Aetna will no longer sell individual healthcare after the end of the year. They, as well as a few other major carriers will not be in the exchange. I consider Aetna, and these other companies, to be the smart ones!
Don't look now Ricky but the ACA is the primary reason the Tea Party got started. It is failing daily. They are now delaying yet another provision of the law because it will cause a lot of local pain and he won't let that happen prior to the mid-term elections. He is running scared now and as more and more of this fiasco is known and found to be too expensive or even in some case unmanageable, he will not survive and neither will the Democrats in 2014.
My insureance just went up 20%. Biggest jump I've had in 40 years. I can afford it but many can't. I've mentioned too that for vets like myself it is almost impossible to get care at VA facilities even for service connected problems.