Even under Obamacare, most insured people can’t handle medical costs

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(NaturalNews) If you recall the great Obamacare debates of 2009 and 2010, you likely remember that one of the sales pitches being made to Americans by President Obama and backers of the Affordable Care Act was that, well, it would make healthcare more affordable.

As reported by The Associated Press recently, the passage of Obamacare and the various coverage options offered under state and federal exchanges still has not alleviated much of the costs associated with staying healthy in America. In fact, according to new statistics, one in four privately insured adults have said they don’t believe that they could afford to pay for an unexpected illness or injury:

A new poll from The Associated Press-NORC Center for Public Affairs Research may help explain why President Barack Obama faces such strong headwinds in trying to persuade the public that his health care law is holding down costs.

The survey found the biggest financial worries among people with so-called high-deductible plans that require patients to pay a big chunk of their medical bills each year before insurance kicks in.

‘Plan costs more than just paying the bill outright’

And incidentally, because of the law’s basic coverage requirements, that’s why plans are increasing in cost — which is why millions of Americans have plans with such high deductibles to begin with.

Those kinds of plans already amounted to a rising share of employer-sponsored coverage. But now, the AP reported, they are also becoming standard fare within the new health insurance exchanges created by the law.

Consider the case of Edward Frank, of Reynoldsville, Pennsylvania. The AP said he bought a plan that comes with a $6,000 deductible through the federal Healthcare.gov exchange last year. Granted, that figure is in the high range, as deductibles for the more popular Silver plans are averaging about $3,100 a year, but that is still a lot for average Americans.

“Unless you get desperately ill and in the hospital for weeks, it’s going to cost you more to have this plan and pay the premiums than to pay the bill just outright,” Frank, who ended up paying $4,000 of his own money for treatment of shoulder pain, told the AP.

Written by J. D. Heyes
Read more at Natural News

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