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O-Care Site Finally Reveals Deductible Costs

From the New York Times:

On Health Exchanges, Premiums May Be Low, but Other Costs Can Be High

By ROBERT PEAR | December 9, 2013

WASHINGTON — For months, the Obama administration has heralded the low premiums of medical insurance policies on sale in the insurance exchanges created by the new health law. But as consumers dig into the details, they are finding that the deductibles and other out-of-pocket costs are often much higher than what is typical in employer-sponsored health plans.

Until now, it was almost impossible for people using the federal health care website to see the deductible amounts, which consumers pay before coverage kicks in. But federal officials finally relented last week and added a “window shopping” feature that displays data on deductibles.

This is un-real. So until just last week, it was impossible to find out what the deductibles were in any of the Obama-Care insurance plans.

What excuse does the news media have for never bothering to report this until now? Isn’t that media malpractice at its worst?

For policies offered in the federal exchange, as in many states, the annual deductible often tops $5,000 for an individual and $10,000 for a couple…

In El Paso, Tex., for example, for a husband and wife both age 35, one of the cheapest plans on the federal exchange, offered by Blue Cross and Blue Shield, has a premium less than $300 a month, but the annual deductible is more than $12,000. For a 45-year-old couple seeking insurance on the federal exchange in Saginaw, Mich., a policy with a premium of $515 a month has a deductible of $10,000…

By contrast, according to the Kaiser Family Foundation, the [current] average deductible in employer-sponsored health plans is $1,135…

So the new Obama-Care deductibles are more than ten times higher. How wonderful! No wonder they didn’t want to tell anyone.

“Deductibles for many plans in the insurance exchanges are pretty high,” said Stan Dorn, a health policy expert at the Urban Institute. “These plans are more generous than what’s prevalent in the current individual insurance market…"

Yeah, but you can get ‘free birth control pills’ after you pay in your $12,000 deductible.

Higher deductibles are one tool that insurers can use to hold down premiums. Many have also held down premiums on the exchanges by limiting the choices of doctors and hospitals available to consumers in their provider networks…

Obama-Care is doing both. And yet the premiums are still going through the roof.

By the way, the federal exchange and most of the state exchanges also don’t tell you your choice of doctors is being highly limited.

This article was posted by Steve Gilbert on Monday, December 9th, 2013. Comments are currently closed.

One Response to “O-Care Site Finally Reveals Deductible Costs”

  1. Faster pussycat, Kill Kill!




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