Saturday, June 27, 2015

Obamacare is still a bad deal

You pay for coverage you will never use, so you overpay.  
For one family of 5 in Georgia who doesn’t receive a low income subsidy, the premium is $750 per month or $9000 per year and Individual deductibles are $3000 per person per year. Premiums are going up. Families would do better by putting $9000 per year in a medical IRA. If a family member needs expensive $200,000 treatment, fly to India and get it done for $50.000. Don’t go to a hospital, use home health care.
For another family of 5 in Florida who does receive a low income subsidy pays $85 per month or $1020 per year, but the deductible for each person is $6000 per year. Still a bad deal.
This coverage, rules, taxes and mandates are so bad, Obamacare should be repealed in 2017.
Norb Leahy, Dunwoody GA Tea Party Leader
 

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