Separating Myth From Reality on Obamacare
Separating Myth From Reality on Obamacare
by WENDELL POTTER on NOVEMBER 13TH, 2013
News media scare stories, website glitches hide savings for those who look at insurance alternatives.
My heart sank when I got an email late last month from my friend Robert, who has been battling multiple sclerosis for the past decade. He wrote to tell me that he was among the many Americans who in recent weeks received letters from their insurance companies saying that their policies wont be available next year.
Insurance companies are sending those letters primarily because the policies they will no longer offer dont provide enough coverage or have deductibles that are too high to comply with the Affordable Care Act. In many cases, however, the policyholders getting those letters are simply victims of a business practice insurers have engaged in for years: discontinuing policies because theyre no longer sufficiently profitable.
Robert understandably was worried. Like most of us, hed been seeing the news stories about people who had received similar letters and seemed to be resigned to having to pay more in premiums next year for comparable or even less coverage, thanks to Obamacare.
Considering his very serious and costly preexisting condition his medications alone cost more than $5,000 a month Robert was nervous as he started looking for a replacement policy. How much more would he have to pay to stay insured?
A couple of weeks went by. I assumed Robert, like many others, was still waiting for the Obama administration to fix Healthcare.gov so he could shop online for coverage. It turns out Robert wasnt willing to just wait. He decided to call an insurance agent and talk to a real live human being about his options for next year.
He could barely believe what he heard: he could get better coverage than the policy being discontinued and pay less thanks to Obamacare.
CONTINUED:
http://wendellpotter.com/2013/11/separating-myth-from-reality-on-obamacare/
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Wendell Potter knows of what he speaks. He used to be "one of them" before he came over from the dark side.
Thank you Wendell!!!