Monday, December 23, 2013

Affordable Care?

Happy Obamacare Deadline Day! The News Is Still Bad
Happy Obamacare Deadline Day! You've got to pick a plan by the end of today (and send in that payment!) to make sure you have health insurance for the coming year.
Say, AP, how's that going?
As a key enrollment deadline hits today, many people without health insurance have been sizing up policies on the new government health care marketplace and making what seems like a logical choice: They're picking the cheapest one.
Increasingly, experts in health insurance are becoming concerned that many of these first-time buyers will be in for a shock when they get medical care next year and discover they're on the hook for most of the initial cost.
The prospect of sticker shock after Jan. 1, when those who sign up for policies now can begin getting coverage, is seen as a looming problem for a new national system that has been plagued by trouble since the new marketplaces went online in the states in October…
Hospitals are worried that those who rack up uncovered medical bills next year won't be able to pay them, perpetuating one of the problems the new health care system is supposed to solve.
The Affordable Care Act doesn't actually make care affordable.

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