That Affordable Care Act looking pretty unaffordable

Whether the quality of care in the new market is comparable to private offerings remains to be seen. But one thing is clear: The cost of care in the new market doesn’t stack up. A single wage earner must make less than $20,000 to see his or her current premiums drop or stay the same under Obamacare, an independent review by National Journal found. That’s equivalent to approximately 34 percent of all single workers in the U.S. seeing any benefit in the new system. For those seeking family-of-four coverage under the ACA, about 43 percent will see cost savings. Families must earn less than or equal to $62,300, or they, too, will be looking at a bigger bill. …

“In 16 states that HHS studied, premiums were on average almost 20% lower than what the Congressional Budget Office projected,” Peters wrote in an e-mail.

Premiums may be lower than predicted, but they’re not competitive with what workers are now paying for employer-sponsored care. …

The truth is, Obamacare is doing what it was intended to do: make health care affordable for the nation’s lowest earners by spreading out the costs among taxpayers.

BladeRunner wrote:http://hotair.com/archives/2013/08/29/national-journal-affordable-care-act-actually-looking-pretty-unaffordable/

For the vast majority of Americans,” they conclude, premium prices will be higher in the individual exchanges than what they are currently paying for employer-sponsored benefits:

   Whether the quality of care in the new market is comparable to private offerings remains to be seen. But one thing is clear: The cost of care in the new market doesn’t stack up. A single wage earner must make less than $20,000 to see his or her current premiums drop or stay the same under Obamacare, an independent review by National Journal found. That’s equivalent to approximately 34 percent of all single workers in the U.S. seeing any benefit in the new system. For those seeking family-of-four coverage under the ACA, about 43 percent will see cost savings. Families must earn less than or equal to $62,300, or they, too, will be looking at a bigger bill. …

   “In 16 states that HHS studied, premiums were on average almost 20% lower than what the Congressional Budget Office projected,” Peters wrote in an e-mail.

   Premiums may be lower than predicted, but they’re not competitive with what workers are now paying for employer-sponsored care. …

   The truth is, Obamacare is doing what it was intended to do: make health care affordable for the nation’s lowest earners by spreading out the costs among taxpayers.

employers are going part time and dropping jobs right and left in anticipation of compliance, precisely none of which is going to help fuel our economy back into robust-prosperity mode:

Darth Cheney wrote:It's Freeeeeeeeeeeeeeeee!!!!