Aug 13, 2013 - 10:35 pm
I am in the process of looking for new health insurance, as my COBRA is about to end. Looking at the new ObamaCare estimator, my costs are going to skyrocket for what they call the silver plan, which is inadequate for someone with cancer. Just for that plan, my cost is estimated at 880 per month for an individual and that is a low estimate, based on younger person.
Today the NYTimes reports that the caps on out of pocket expenditures has been delayed until 2015. The year I was treated with chemo, radiation, surgery, etc. I paid in excess of 30k out of pocket. I just cannot do this again. This Obamacare is not what I thought it would be at all. If an individual earns less than 45k a year, the federal government subsidizes most of the cost. I live in New England and no individual could afford rent or a mortgage at that salary here. Yet, the limit on income is nationwide. So, what it amounts to, once again, is that the few that pay most of the taxes will once again subsidize the program. I just can't do it anymore. The irony is that our state already had ample programs to support the indigent. What Obamacare is doing is throwing more people into the uninsured category. UGH.
Is there anyone here who has a handle on the ins and outs of this new health insurance law? I have given up trying to figure it out. I did call the new exchange they set up and they said I may be able to get a waiver from paying the penalty due to my health, but unless I reduce my income, I would have to pay the higher rate. So my rate goes from 650 to 880(at least) in January 2014. Unreal.
Btw, I am a liberal Democrat! Fed up!