Another EXTREMELY positive benefit of Obamacare. Make sure that nobody’s insurance is too good. This, from NBC News:For 75 million Americans who get their insurance through large companies, the Affordable Care Act is a mixed bag. Experts tell NBC News the new healthcare law is only slightly increasing premiums next year, but causing some companies with the most generous plans to reduce their employees’ benefits.
Aaron Baker, 36, his wife Billie and their two young children are covered under a generous health insurance plan offered by the private Midwestern university where he’s worked for 10 years. When they opened their benefits notice this year, they were pleased to see their $385 premium is only up by four dollars next year. However, they were shocked to discover that instead of covering the first dollar they spend with no deductible, the Baker’s plan now includes a $1,000 deductible and a $2,500 out of pocket maximum. They also will still have small co-pays for services.
According to the enrollment notice, the changes are “to relieve future health plan trend pressure and to put the university in a position to avoid the excise tax that becomes effective in 2018.” The 40 percent excise tax—often called the “Cadillac tax”— is part of Obamacare and is levied on the most generous health plans. It’s designed to bring down overall health costs by making companies and workers more cost-conscious. The thinking is that if consumers have to pay more expenses themselves, through higher deductibles and out-of-pocket expenses, they’ll avoid unnecessary or overly costly procedures. And that is supposed to make care more affordable for everyone.
I love this. After all, it is simply NOT FAIR that some employers take better care of their employees than the government would do. Just NOT FAIR.
Thank God for Obamacare! Making sure that everybody is equally miserable.
*]Except for the White House staff.
*]Except for Congress.
*]Except for Obama’s friends who have received waivers.
But that’s OK, they’re far more important than any of us.
(By the way, in case anybody can’t discern this, the above commentary should be considered as biting sarcasm)