Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

6/14/2013 (2 years ago)

Catholic Online (www.catholic.org)

Even the poorest patients will have to pay more.

Is Obamacare affordable? A new report from CNN Money suggests that it's going to depend on who you are. In addition, people who find health care affordable now, will continue to find it affordable under Obamacare. However, the poor will likely continue to find medical care out of reach.

Obamacare will cost everybody more than they are paying now.

Obamacare will cost everybody more than they are paying now.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

6/14/2013 (2 years ago)

Published in Politics & Policy

Keywords: Obamacare, costs, insurance, health, tax, money


LOS ANGELES, CA (Catholic Online) - The entire purpose of Obamacare is to ensure that the poorest Americans can afford health care coverage. Despite this lofty goal, the plan has been criticized as a stealth tax on the wealthy, and for not making healthcare affordable for the poorest of Americans.

Despite the fact the plan provides insurance exchanges which are tightly regulated by state governments and federal law, estimates reveal that the poor could pay thousands of dollars out of pocket even with the cheapest Obamacare plan.

As each state participating in the Obamacare insurance exchanges rolls out their pricing, it becomes evident that everyone is going to pay something. The greatest choice an individual has to make is whether they prefer to pay more out-of-pocket expenses, or higher premiums. Young people who visit the doctor rarely, may prefer to pay lower premiums. Whereas people with medical conditions may want lower out-of-pocket expenses and will therefore accept a plan with higher premiums.

It appears likely that the middle class will benefit the most from Obama care, although it will still hit their bottom line.

The poor however, will continue to either languish without care, or may face bankrupting costs despite the law's best intentions.

According to CNN Money, some Obamacare plans will feature "$2000 deductibles, $45 primary care visit co-pays, and $250 emergency-room tabs." These are the expected charges for someone in a silver level plan in California. Month to month, they will pay $321 in average monthly premium costs.

However, not everyone can afford a $321 a month bill. For many people that is the size of a new car payment, or their share of rent.

While Obama care does provide some cost assistance for people who make the least money, they are still going to have to pay several hundred dollars each year, at a minimum, for their healthcare. Nobody gets it for free. Anyone who does not buy a qualifying Obamacare plan will be required to pay a tax to the IRS as a penalty.

No matter what happens, all Americans will begin paying on January 1, 2014. This will mean less income for individuals to spend on other things, which means that money will not be circulating in the economy. Instead, it will go into the pockets of health insurers and the government, where it will be spent, or held, in a manner agreeable to each.

Whether Americans become healthier as a result, remains to be seen.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2015
Universal:
That political responsibility may be lived at all levels as a high form of charity.
Evangelization: That, amid social inequalities, Latin American Christians may bear witness to love for the poor and contribute to a more fraternal society.



Comments


More Politics & Policy

Plan to defund Planned Parenthood fails in the Senate Watch

Image of Pro-life rallies to defund Planned Parenthood, entitled

By Matt Hadro, CNA/EWTN News

The Senate failed to bring a bill to block federal funding of Planned Parenthood to the floor on Monday evening, in a much-anticipated vote. Washington D.C. (CNA/EWTN News) - Senate Republicans introduced the bill to defund Planned Parenthood on July 28. An effort ... continue reading


'Enough is enough': Comedian Amy Schumer tearfully joins cousin Senator Schumer for advocacy on tighter gun control after 'Trainwreck' shooting Watch

Image of Amy Schumer joins advocacy in promoting tighter gun policies.

By Linky C. (NEWS CONSORTIUM)

Comedian Amy Schumer joins cousin, New York Senator Charles "Chuck" Schumer to call for legislative moves over tighter gun control policies. She joined her cousin, as the senator revealed his three-part plan to create stricter rules over gun ownership. MUNTINLUPA CITY, ... continue reading


Democrats overthrow Senate's attempts to defund Planned Parenthood after scandalous hidden-camera videos Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

Senate Democrats were successful in defeating recent attempts to invalidate taxpayer funding for the Planned Parenthood abortion business by blocking the bill and preventing a vote on it. They were successful in getting Republicans unable to secure the 60 votes needed ... continue reading


Under Obama, black people 'are worse now than just about ever,' Donald Trump declares Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

Republican presidential candidate Donald Trump claims that he commands a large percentage of the Hispanic vote. He now says that African-American people are also on his side after U.S. President Barack Obama has let them down. Trump gave his customary ... continue reading


Greenhouse emissions cut down even more under Obama administration Watch

Image of President Barack Obama says. "Not anymore."" title=""Climate change is not a problem for another generation," U.S> President Barack Obama says. "Not anymore."" class="img-responsive img-thumbnail pull-left spacer-right">

By Catholic Online (NEWS CONSORTIUM)

Far more drastic cuts on factory greenhouse emissions are coming; United States President Barack Obama has vowed to impose more cuts. The president, now in his concluding months of his presidency vows that these steps will be the most significant step in ... continue reading


What TOP-SECRET information is the Obama Administration keeping from you? Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

It seems as though the Obama administration is trying to bury significant materials away from the public. Seventeen unclassified Iran deal items have been placed away in ultra-secure facilities that are normally used solely for top secret evidence. MUNTINLUPA, ... continue reading


SEVENTEEN VERY SCARY SECRETS: Obama administration keeping details on Iran nuclear deal hidden Watch

Image of Important facts are being kept from the public, just as Congress is deciding whether to support or oppose the Iran deal.

By Catholic Online (NEWS CONSORTIUM)

The Obama administration is keeping details of the Iran nuclear agreement close to the vest. To date, only one aspect of the agreement has been made public. Seventeen other points made in the agreement is being kept secret with the exception of a few lawmakers. ... continue reading


California lawmakers run to the aid of communities suffering the worst in drought Watch

Image of The new legislation focuses on obtaining federal funding to get costly water projects off the ground. Feinstein and Boxer's bill pinpoints 26 promising desalination projects in California.

By Catholic Online (NEWS CONSORTIUM)

As the record-breaking California drought stretches into its fifth year, lawmakers are passing legislation intended to help the communities hardest hit by water shortages. California Senators Dianne Feinstein and Barbara Boxer have both introduced emergency drought ... continue reading


Why two religious Republican presidential candidates weren't invited to a major Christian event Watch

Image of The reason is not as controversial as many speculated.

By Talia Ramos (NEWS CONSORTIUM)

Some were left puzzled as to why two Southern Baptist presidential candidates from the GOP were left out of a major Christian event; the reason was not as bad as some speculated. According to the official statement from the organizers of the event, the two candidates ... continue reading


Judge threatens to hold IRS chief John Koskinen in contempt for failing to turn over Lerner emails Watch

Image of IRS Commissioner John Koskinen was threatened with contempt charges by a federal judge this week.

By Catholic Online (NEWS CONSORTIUM)

IRS Commissioner John Koskinen was threatened with contempt charges by a federal judge this week. Koskinen failed to produce, by decree, newly recovered emails of former IRS official Lois Lerner. U.S. District Court Judge Emmet Sullivan had ordered the IRS at ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Numbers 12:1-13
1 Miriam, and Aaron too, criticised Moses over the ... Read More

Psalm, Psalms 51:3-4, 5-6, 6-7, 12-13
3 For I am well aware of my offences, my sin is ... Read More

Gospel, Matthew 14:22-36
22 And at once he made the disciples get into the ... Read More

Saint of the Day

Saint of the Day for August 4th, 2015 Image

St. John Vianney
August 4: St. John Vianney, Priest (Patron of priests) Feast day - August ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter