Health Care Reform

[Dill]

(08-03-2020, 05:23 PM)Goalpost Wrote: So I guess I said deposit instead of deductible...so sorry for that confusion.  Let's say I have a hospital stay and it was 3000 dollars.  I have to pay a deductible and the rest is covered.  Let's say the deductible is 1000 that I have to pay and the rest insurance pays.  This is just one example, but deductibles went up when Obama care went into effect.  At least it did in my insurance and I worked for a major corporation with a big name insurance company.  
With the company I worked for we had meetings once a year called by human resources where we could change our coverage or keep the same coverage.      They...human resources....would go over the changes every year in the health plans..,again to us, the employees....to inform us.  That's what I remember.  We all came out of that meeting knowing our insurance had increased deductibles.  I also remember them explaining certain numbers of 'allowable' visits for certain health situations...let's say you were covered up to three a year for something...were now reduced to you were covered up to 2 now instead.  I just got the feeling that Obama care didn't raise my premium much...my monthly insurance out of my paycheck.....but when it came to using it.....that's where the price increase, or decreased benefits happened.  
That was my experience with it.  Obama care was made to cover those with no insurance partly...and the insurance companies weren't going to pickup the tab...so the increase in costs were hidden in reduced benefits to an average joe like me.  The monthly premium was mostly the same but I would have to pay more if something happened to me. 

Thanks for describing that, G. That was very clear and I much appreciate it.