Obama’s claim that those with unsubsidized individual policies will get a better deal is false, and we need a long-term fix.
I am in that 5 percent. Checking the Washington state health-insurance exchange, I found I am among millions who are getting a much worse deal — much higher premiums with higher deductibles and less choice of doctors, and ineligible for the Affordable Care Act tax credit.
My current premium is $278 per month with a $3,500 deductible. My Blue Shield insurer is canceling this policy and not offering any policies on the state health-insurance exchange. The least expensive off-exchange policy it now offers is $545 per month, roughly double what I pay now, with a $5,000 in-network and $10,000 out-of-network deductible.
On the Washington state exchange, the least expensive option, in the bronze category, is $433 per month, a 56 percent increase. But this policy is from a no-name insurer that few of my providers will accept. The only Blue Cross and Blue Shield provider on the exchange offers a bronze policy for $492 per month — a 77 percent increase.
What does the extra $214 per month offer? A lot less than I have now. My deductible would rise to $5,000 for in-network providers and $10,000 for out-of-network providers, and the number of providers in network would decline.
Other than that, smooth sailing for Obamacare.