ObamaCare is more properly known as The Affordable Care Act. That name would be funny if it wasn’t so sad.
As 106,000 New Jersey residents are about to learn, their healthcare insurance option, known as the “basic and essential” (B&E) plan, is about to go away and be replaced with something more expensive. So not only is their health insurance going to cost more, but they also won’t be able to keep the insurance that they originally had. That’s two broken promises of ObamaCare in one sad story.
The B&E plan only covers basic services, as the name implies. It covers doctor’s visits and treatments that don’t call for a stay at a hospital. It’s also a very affordable plan, costing as little as a couple of hundred bucks a month for some people.
The problem is this: the B&E plan doesn’t cover certain services mandated by ObamaCare. In addition to that, ObamaCare also caps out-of-pocket fees for the insured. So, after December 31 of this year, the B&E plans will not be renewed by insurers because they can’t meet those requirements.
Larry Altman, vice president at the Office of HealthCare Reform for Horizon Blue Cross Blue shield sums the whole issue up this way: “In general, richer products translate into higher premiums.”
Really? Does he mean that when the government forces insurance companies to provide certain levels of coverage (e.g., insuring children up to age 26) that those companies will then incur additional costs which will be passed along to… wait for it… the people who are paying for the insurance? Well, that might come as a surprise to the Democrats who were selling this monstrosity known as ObamaCare by bragging about the benefits of those regulations without ever talking about the consequences.
We’d like to say that Democrats regularly prove that the road to hell is paved with good intentions. However, we’re not certain that the leadership of the Democratic Party has any good intentions for this country.
When those 106,000 New Jersey residents lose their B&E insurance, they “will be left with what may be a choice among pricey, pricier and priciest,” according to The Newark Star-Ledger.
The Affordable Care Act isn’t. It’s not affordable to people who need insurance. It’s not affordable to our nation.
It’s a disaster.