Obamacare mandates that all states set up insurance marketplaces by October of 2013. Insurance providers will have to offer competitive packages to uninsured workers like me, a consultant who cannot get corporate-subsidized care. In turn, everyone will have to buy some kind of care or face the dreaded 16-cents-a-day “no healthcare fine.”
This tyranny amounts to $58.40 a year…
…roughly the same amount that Australia fines all citizens for not-voting in elections (which is why Australian democracy isn’t corrupt and broken and elections only last 4 weeks, but I digress).
Threatening Insurance Companies works!
I’ve already begun to feel the benefits of Obamacare. I searched in January of 2013 and found an affordable “hit-by-the-bus” or “break glass in case of emergency” health plan with a $10,000 deductible – so high I would never actually use it by choice. It cost me $75 a month with no real care benefits, just insurance against catastrophic life-changing illness.
But I moved states and they dropped me. So in June I found another health care policy. This one costs me $122 a month with a $2,700 deductible. The most I could pay in a year in $3,200 — which is manageable if I got sick. Not free, but affordable.
Why the difference? Obamacare mandates they do this by October.
If you were wondering why Obamacare is needed, watch this video:
And look at this chart of how much household take-home pay already is lost to the healthcare monster.
More facts here and factoids here: