Double down on the 'typical family': Obamacare's higher premiums, deductibles, co-pays

In the midst of efforts to defund Obamacare before it's fully implemented, with mainstream media coverage demonizing the healthcare law's opponents, while defeatist Republicans give Democrats aid and comfort by attacking the conservative warriors of their own party, we begin to see leaks springing forth from the administration's media blackout, illustrative of just how volatile the so-called Affordable Care Act is. And wouldn't you know it...it ain't affordable!

Forbes: For months now, we’ve been waiting to hear how much Obamacare will drive up the cost of health insurance for people who purchase coverage on their own. [Tuesday] night, the U.S. Department of Health and Human Services finally began to provide some data on how Americans will fare on Obamacare’s federally-sponsored insurance exchanges. HHS’ press release is full of happy talk about how premiums will be “lower than originally expected.” But the reality is starkly different.

Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97 to 99 percent, and for younger women by an average of 55 to 62 percent. Worst off is North Carolina, which will see individual-market rates triple for women, and quadruple for men.

What? Yeah...prepare for the double down. Obamacare premiums will dramatically increase your costs! Of course, most of the media has sworn off the rate shock as myth, but obviously getting harder to hide the truth of the matter.

AP: Before tax credits that work like an up-front discount for most consumers, sticker-price premiums for a mid-range benchmark plan will average $328 a month nationally for an individual, comparable to payments for a new car.

FYI, that tax credit...yeah, that's a subsidy that will be billed to taxpayers. Oh, and don't count out co-pays and deductibles...

Politico: Consumers may have to dig a little deeper into their wallets to pay for health care in the Obamacare insurance exchanges, according to a new analysis by Avalere Health.

The study of six states suggests that consumers could face steep cost-sharing requirements — like co-payments, co-insurance and deductibles — layered on top of their monthly premiums.

The health law sets exchange enrollees’ maximum annual out-of-pocket costs at $6,350. But many people won’t get near that limit, and deductibles for typical exchange plans can run twice as high as the average employer-sponsored plan.

Uh oh...

So roll all that together, with the expected waits and deficiencies of socialized medicine, and as a previous report calculated, for a typical family of 4 (that'd be mine), your health spending will increase by about $7,450 over the next several years!

Forbes: 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[1]) 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.

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.

Yet somehow, these skyrocketing costs are supposed to be more affordable for us? That's nonsense. It needs to be defunded first, then ripped out by the roots!

Related links: Obamacare premiums expected to dramatically boost consumer costs
Obamacare's average monthly cost across U.S.: $328

ADDENDUM I: Here's a few reminders of the Great Deception...





ADDENDUM II: Rush says the media are now covering their ASSets on Obamacare...

"Folks, as I was perusing the news doing show prep today, it was really striking to note how many stories, how many articles that are out there this morning that detail all of the problems in Obamacare. It’s nothing you don’t know. You’ve heard it all. We have gone to great lengths since the beginning days of this. You know all the details. But what’s fascinating to me as I went through show prep today is how many articles are out this morning with new and troubling details about Obamacare.

That, to me, shows that the Drive-By Media now think Obamacare is totally safe from being repealed or defunded and now it’s time, for whatever journalistic reasons, to get all of the truth, the details, the news about Obamacare out there. Now, as I say, most of the news is information that the regular daily listener of this show has known about for more than three years, but the media has never reported it.

You know, all of these details, all of the waivers, all of the exemptions, all the fines. The hard numbers, all of these things have never been in the Drive-By Media, but it’s starting to show up. All of a sudden we’re now being told about it so that when people start seeing Obamacare up close and personal starting next week, the Drive-Bys can say, “Well, we reported that.” The news media are now covering their assets, if you will, and they’re doing it as late as possible."