Obama Care is insurance however it is not coverage!!
My premiums are higher, it
inherently has a higher deductible, and my coinsurance is greater. The hard
line is I will pay greater than 9,000.00 this year before the insurance co.
pays ONE cent.
When I was
forced to shop for a new plan I found myself speaking to someone reading off a
script in the Philippines
The Affordable Care Act has ushered
in an era of complex new health insurance products featuring legions of
out-of-pocket coinsurance fees, high deductibles and narrow provider networks.
Though commercial insurers had already begun to shift toward such policies, the
health care law gave them added legitimacy and has vastly accelerated the
trend, experts say.
The theory behind the policies is
that patients should bear more financial risk so they will be more conscious
and cautious about health care spending. But some experts say the new policies
have also left many Americans scrambling to track expenses from a multitude of
sources — such as separate deductibles for network and non-network care, or
payments for drugs on an insurer’s ever-changing list of drugs that require
high co-pays or are not covered at all.
Obama care
policies necessitate footing bills privately. For others, the constant changes
in policy guidelines — annual shifts in what’s covered and what’s not, monthly
shifts in which doctors are in and out of network — can produce surprise bills
for services they assumed would be covered. For still others, the new fees are
so confusing and unsupportable that they just avoid seeing doctors.
It is true
that the Affordable Care Act has erased some of the more egregious practices of
the American health insurance system that left patients bankrupt or losing
homes to pay bills. Insurers can no longer deny coverage to those with
pre-existing conditions, for example. And the new policies cap out-of-pocket
spending so long as the patient receives care within the plan. Most important,
the act has offered health insurance to an estimated 10 million Americans who
did not have any, often by expanding Medicaid or providing subsidies.
So for now
we all will feel as if we are paying til’ it HURTS!
918.249.1535
