A guest blogger at the LA Times writes that he cannot keep his old insurance policy, and that the policy available on the exchange will increase his out of pocket expenses by $2,450 per year. He is not happy.
“Under my old plan, my maximum out-of-pocket expense was $4,900. Under the new plan, I’m on the hook for up to $6,350. Copays for my doctor visits will double. For urgent-care visits, they will quadruple. Though slightly cheaper plans exist if I decide to shop around on the exchange, I will lose my dental coverage should I switch.
Needless to say, I am not pleased.
Most young, middle-class Americans I know are happy that millions of previously uninsured people will receive free or heavily subsidized insurance under the Affordable Care Act.
We just didn’t realize that, unless we had health insurance at work, we’d be the ones paying for it.”
His suggested solution to the problem is, of course, to make someone else pay for it:
“If this system is going to be sustainable, however, we’re going to need to find a way to get older and wealthier Americans to chip in more.”