Many of you are familiar with my updates on AMAC’s activity on Capitol Hill and other topics that I’m privileged to bring to you here and in our other forums. I recently received a disturbing piece of information from my health insurance carrier regarding my family’s policy that I purchased individually. This information hit me like the proverbial ton of bricks, and I thought it would be prudent to share it with my fellow AMAC members.
My policy’s premium, which covers my wife and two children, will go up from $333 a month to $965 a month, to comply with the new Affordable Care Act (Obamacare). You read that correctly; as a result of the Affordable Care Act, my family’s health insurance premium will Triple! This is not a so-called “Cadillac plan”. This is a high deductible plan where I assume a lot of the risk for my family’s health care.
I was notified that I have a choice between two options; first, I may enroll during the initial Obamacare enrollment period starting October 1st, in which case I will experience the aforementioned premium increase effective January, 2014. Or, I can elect to keep my present plan which will run until December, 2014, and then be switched to a plan that is Obamacare-compliant. Needless to say, I chose to defer this monumental, budget-breaking premium increase until the end of 2014. However, this option is pending my state’s Department of Insurance’s approval – if they don’t approve the premium by November 15, 2013, my family is automatically thrust onto the Obamacare plan – whether we want it or not. What ever happened to the “If you like your insurance plan you can keep it” promise made by the President during the Affordable Care Act’s debate?
But all I’m doing is potentially prolonging the agony that is the reality of Obamacare. My wife and I now have critical decisions to make. How do we alter our lifestyle to accommodate this impending financial nightmare? Does my wife increase her hours at work? This decision will most certainly impact the quality of life my children enjoy as the time they spend with their mother will be compromised. Or do we forego insurance altogether, pay the fine and seek out concierge-style care offered by some physicians and pay-as-we-go for our health care? Hopefully, we will have just over a year to formulate some kind of plan to avoid absorbing as much of this outrageous nonsense as we possibly can.
Keep in mind that President Obama single handedly delayed this financial time bomb for employers and employees. He did not, however, spare anyone who purchases health insurance individually for themselves or for their families from the painful reality that I recently experienced.
The Affordable Care Act was packaged and sold to Americans as bending the cost curve down. The time for speculation and conjecture is over. The reality is that the Affordable Care Act is not even remotely affordable. The truth of this horrendous law is painful, and this anguish will spread throughout America, destroying household budgets and doing irreparable harm to family life.
This is just the beginning of the veracity of Obamacare. I’m not the only person who has received this kind of notification. If you had an experience similar to mine, won’t you please share it with us? If you can, send us the documentation like what I’ve provided above. Please make sure to edit any private and personal information. Please forward your experiences and any documentation that you would like to provide to firstname.lastname@example.org. If you have any questions about sharing your experiences or how to provide the documentation, please call 888 262 2006, ext. 1035. We will compile all of the documentation and present it to Congress as further evidence to defund this monstrosity. Now!