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July 20, 2015
Obamacare plans much worse than predecessors
Investor’s Business Daily summarizes a report from Avalere Health with stunning numbers on the results of Obamacare for policyholders, compared to the health insurance plans previously enjoyed:
... enrollees in ObamaCare plans have access to 34% fewer providers than those who buy a commercial plan outside the exchange. On average, it found, ObamaCare enrollees had 32% fewer primary care doctors and 24% fewer hospitals from which to choose.
Worse, ObamaCare plans covered 42% fewer oncologists and cardiologists than non-ObamaCare plans.
What this means is that lots of patients will end up going out of network to get the care that they need, which means paying far more out-of-pocket costs.
Deductibles are steeper under ObamaCare, too. In ObamaCare's first year, the average deductible for a low-cost Bronze plan was 42% higher than before the law went into effect, according to HealthPocket. Deductibles climbed again this year and are expected to go up the...(Read Full Post)