- Linda Sabor says Obamacare was a godsend. As the health care law enters its third year, her faith is starting to waver.
Last month, her insurance company gave the 59-year-old Palatine resident some bad news. Blue Cross and Blue Shield of Illinois canceled the health plan that she and her husband have had the past two years. The company offered a plan for next year that has a similar network and benefits that would cost $1,142.24 a month, $325 more than their current monthly premium.
"We can't afford $1,142 a month," Sabor said. "Our income isn't going up $300 a month."
Illinois residents are dealing with hefty inflation when they log on to HealthCare.gov for the Affordable Care Act's third open enrollment season, which began Nov. 1. Some health care consumers are seeing rate increases of 40 percent or more. Rate increases for the lowest-cost plans in the majority of counties are in the 15 to 20 percent range, according to the Illinois Department of Insurance.
More than half of the state exchanges have gone bankrupt and folded already, which everyone who could count knew was going to happen. But hey, when your policies are funded by fantasy dollars and unicorn farts, anything is possible - including doubling the national debt in less than four years.
Labels: national politics