Left Coast Voices

"I would hurl words into the darkness and wait for an echo. If an echo sounded, no matter how faintly, I would send other words to tell, to march, to fight." Richard Wright, American Hunger

Archive for the tag “premium”

Obamacare. Wow. – Tom Rossi

Oh, the fun I’m having watching the news, these days! The Republican whining about Obamacare has reached a feverish pitch, and the good guys are ahead of the bad guys by a touchdown, with less than one hour to play!

By the time you read this, a large part of the U.S. government will probably have been shut down. All because “Americans are suffering from Obamacare,” according to self-appointed head of the Lollidip Guild, Ted Cruz.

Enough has been said about how ridiculous is this political grandstanding, so, in case you haven’t already educated yourself, I’m just going to give my own little example of what the Patient Protection and Affordable Care Act (Obamacare) will mean to my wife and me.

My wife and I are not so good at making money. We are both well educated people who loathe the idea of performing some little task, over and over, in order to earn lots of money. Many people earn good money and don’t do that, but they probably did do just that to get to their present positions.

So, we have been struggling to pay for our HMO plan, one with a huge deductible and monthly premiums (or premia, for you Latin majors, out there) that we can’t really afford.

The website coveredca.com was recently put up to assist people figuring what their insurance costs would be under Obamacare. I used this website to calculate what our costs will be.

Wow.

We will qualify for a plan with a much lower deductible of $500. Our copays will be about half of what they are now, and more procedures such as lab tests will be covered. We can keep our same HMO, our same doctors, and we will be paying about $250 less than we are now.

That’s right – same insurer, same doctors, more coverage, lower deductibles, and much cheaper. Did I say “Wow?” Wow.

As I admitted earlier, our income is well below the U.S. average, or “mean”. But we are actually very close to the “mode” for U.S. incomes, which gives a much better picture of what the typical person or family actually earns. In other words, there are lots of people in situations very similar to ours.

So who is “suffering” under Obamacare? Actually, that doesn’t make any sense, because most of it hasn’t taken affect, yet. But who WILL suffer under Obamacare? Certainly not us. Odds are, you won’t either.

AATTP-Ted-Cruz1-547x330

-Tom Rossi

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Tom Rossi is a commentator on politics and social issues. He is a Ph.D. student in International Sustainable Development, concentrating in natural resource and economic policy. Tom greatly enjoys a hearty debate, especially over a hearty pint of Guinness.

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