Tuesday, November 19, 2013

Where's the national outrage?

Are Americans just a bunch of sheep, waiting to be slaughtered?

Why isn't there a louder outrage nationally about the failed Obamacare insurance scheme? Sure, it's in the news - sort of.

And then you can read this morning's Northwest Herald about McHenry residents Jim Cosgrove and his wife.

Before Obamacare:

$5,000 deductible
50/50 co-insurance on the next $10,000
Maximum out-of-pocket, $10,000
Annual premium: $4,351.56

Under Obamacare:

$6,350 deductible
100% coverage after the deductible
Annual premium: $15,858.96

And those subsidies that are supposed to make insurance affordable under the Affordable Care Act?

If the Cosgroves earn $62,000/year, they will qualify for a monthly subsidy of $1,030.83, or $12,369.96. That cuts their annual premium to $3,489.

But, if they earn $65,000, there is no subsidy. So, earning $3,000 more actually costs them $12,370.

How many pages were in the ACA? You know, that bill that Congress didn't have time to read and digest before they "had" to vote on it? Anybody else think all the bums should be thrown out?

It was obvious to me that you can't insure everybody for everything (kids to age 26 under parents' policies, get rid of pre-existing conditions, no caps on bills, cover mental illness like everything else, etc.) and think it will cost less.

I say, put Congress, the Executive Branch, the Judiciary, all the staffers and all the fat cats under Obamacare, right along with the rest of the herd. If it is going to be jammed down some throats, jam it down all the throats.

1 comment:

Stingray said...

Think it's bad now? Wait until next year when all of our group plans are yanked out from under us!