Obamacare is a boondoggle for those who need medical care. As I have stated before, somewhere between 80% to 90% of enrollees do not surpass their health plan deductible in a given year. Nearly three-fourths of ACA plans are Silver or Bronze plans. Health plan deductibles for Silver plans average $3,727, while Bronze plans average $5,304. That means most people are paying the bulk of their day-to-day medical expenses out of pocket regardless of whether they have coverage. Some people are questioning the need to buy coverage and prefer to use their premium dollars directly for medical care.
Category: Devon Herrick
Center Left Advocacy Discovers Health Savings Accounts
The core idea with HSAs was that high-deductible plans were supposed to be much cheaper than first-dollar health coverage. Consumers could select a high-deductible plan and use the savings to fund an HSA. That way, when patients skipped unnecessary medical services; when they looked for a better deal on a diagnostic test; when they asked about a generic drug rather than fill a brand-name drug, much of the money they saved would be theirs.
WSJ: 80 is the new 60 (Social Security and Medicare are Really in Trouble)
Recently I read about how people aged faster and looked older for their age back when I was young. It is not just because everyone looked old when we were kids. There are a variety of reasons for this, including better health, and a lower disease burden. And it was not just the poor who aged faster and whose life ended early, although wealth is generally associated with health.
Farm Bureau Health Plans a Cheaper Alternative to Obamacare
Public health advocates and advocates for disease conditions do not like the plans because they allow a type of underwriting. Yet, they admit that ACA plans are so expensive that many people are looking for alternatives. However, they never admit that the ACA’s so-called consumer protections are what is driving up the cost of Obamacare to levels few people can afford without generous government subsidies. Farm Bureau plans sound like a great option for many people.