Even before I left my job in December of 2012 (the last week of actually) I had already switched my health insurance because I could not afford to pay once the increase came through. It was going up to over $700 a month for just me-I’m single. I managed to get a plan for half of that amount but there is a $1200.00 deductible—and now I am living on early Social Security, the income from the few bookkeeping clients I still have and whatever I can make on the internet. My Mom has been throwing newspaper article after newspaper article at me to read about the new health care plans that are supposed to take effect in 2014, in the hopes that I can get a better plan then what I currently have at a hopefully better rate. I am not political and what I am about to state is my own opinion—you do not have to agree with me and if you do not I will agree to disagree. I will not be responding to the comments made on this post!
The first three articles she neatly cut out of the NY Times and handed to me in an envelope secured by a paper clip and then jammed into my pocketbook as I was driving her so she could go shopping were admittedly mostly about NY. New York is definitely going full steam ahead with the new “health care exchanges” as they are called. If you are a New Yorker who either pays for their own insurance privately or have none at all it is definitely worth your while to look into this as of Oct 1st of 2013!! According to the article even if your earn way above the minimum wage you may be eligible for subsidies. Americans who work at minimum wage earning less then 138% of the Federal Poverty level, which is $15,856 for a single individual and 32,499 for a household of 4 will qualify for free government coverage under Medicaid—but only if they live in a state that is expanding the Medicaid program. Go the The Kaiser Family Foundation to see what your state is doing and to learn much more about all of this.
The fourth article I was handed yesterday really upset me no end. http://www.nytimes.com/2013/07/27/opinion/the-war-over-health-care-exchanges.html?_r=0 – this is an editorial but from the snippets I have been hearing and seeing on TV I do not doubt the validity. I suggest you go in and read it-it is a short article.
Now for my take—this should be taken out of the political arena-these are people’s lives at stake here—I also feel that Health Insurance companies should not be allowed to have stockholders. It may be the only way that rates can be held down to an extent—no stockholders-no worries about paying out higher and higher dividends.
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