Is your health care taking care of you? Yes, Health Care Reform or Obamacare is now law and a tax. This means everyone will have options to protect their family or attempt to protect their families. Health Care Reform in my opinion helped many people that could not get coverage, but it will come with a hefty price tag. Some companies that had great insurance programs also had to rethink strategies when it came to covering you. Why? Well if the insurance companies are at a higher risk financially, they had to spread out their risks. This comes into increasing premiums even to the healthy individuals. Now, you may be thinking, but it has to be affordable. This is true if you have just the required coverage, and the fact is the deductibles are increased.
Feeling Like You Have Been Left Out In The Cold?
I have talked to many people and they thought they were covered, but after talking to them, the general consensus is they were not. When they looked at the co-payments and deductibles, many felt that just meeting the general sickness that a family would have or the broken bones, that they would be out in the cold and impacted financially.
I have also been told that they feel like they are insuranced out. They say too many insurances being required. I get this. In a recent Harvard Study, it shows 80% of people are living paycheck to paycheck. So, if insurance is not covering them financially, they wonder what they can do. Taxes and insurance eat up the paycheck. Read the rest of this entry »