This is just the premiums. Don’t forget about the skyrocketing deductibles also!
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Timing is everything. And just as Congress’s focus seems to be drifting from Obamacare’s ravages on the economy, Americans are learning the reason this law’s implementation was postponed until after the presidential election.
That reason is becoming clear as person after person opens the mail. Insurance costs are going up. For many, not just going up—skyrocketing.
Ross, a married father of three small boys in Florida, tells us his insurance will be going up $525 per month. “I feel completely helpless,” he says.
Kevin, who also has three small boys, just found out his wife’s individual health insurance premium will be jumping from $79 per month to $311.82 per month.
“For whom exactly is the Affordable Care Act making care affordable?” asked Kevin, who lives in Alabama.