ICYMI it from over the weekend, this Los Angeles Times schadenfreude-filled-piece on Obamacare “sticker shock” is a must read.
The headline. . .
Some health insurance gets pricier as Obamacare rolls out
Many middle-class Californians with individual health plans are surprised they need policies that cover more — and cost more.
An excerpt. . .
Thousands of Californians are discovering what Obamacare will cost them — and many don’t like what they see.
These middle-class consumers are staring at hefty increases on their insurance bills as the overhaul remakes the healthcare market. Their rates are rising in large part to help offset the higher costs of covering sicker, poorer people who have been shut out of the system for years.
Although recent criticism of the healthcare law has focused on website glitches and early enrollment snags, experts say sharp price increases for individual policies have the greatest potential to erode public support for President Obama’s signature legislation.
“This is when the actual sticker shock comes into play for people,” said Gerald Kominski, director of the UCLA Center for Health Policy Research. “There are winners and losers under the Affordable Care Act.”
Pam Kehaly, president of Anthem Blue Cross in California, said she received a recent letter from a young woman complaining about a 50% rate hike related to the healthcare law.
“She said, ‘I was all for Obamacare until I found out I was paying for it,’” Kehaly said.
Well, somebody has to pay for all of the free stuff in Obamacare. Why not you?