Unaffordable Obamacare-50 percent cannot afford over 100 per month

Unaffordable Obamacare-50 percent cannot afford over 100 per month

Obamacare is not a bad idea, it’s a horrible idea and probably the worst piece of legislation Obama put his name to. If that is what he wants to be remembered by, he is in for the same terrible experience he forced upon innocent Americans. His crappy package is going to be gutted or completely repelled; if it’s gutted it will bear no resemblance to the original package. In short, Obama needs to be ready to see everything that he worked for the past eight years fall.  He is one of the worst presidents on record and has almost nothing to show for his eight years in the white house, other than a lot of terrible mistakes and spending an inordinate amount of time on the Golf course.

It turns out of that over 50% of Americans cannot afford more than $100 a month on health insurance, that means Obama’s affordable health care act needs a new name; the unaffordable health care act, where individuals are more likely to die broke than from some fatal disease.

That’s the finding of a HealthPocket survey, which asked people what was the most they could afford to pay for coverage in 2017. A total of 52.5 percent of the 1,133 people surveyed said they could afford a plan up to $100 per month.

Another 15.9 percent said they could afford $200. And 11.6 percent said they could handle $300, according to HealthPocket, an insurance comparison site.

Just 20 percent of respondents said they would be able to afford a plan that costs more than $300.

HealthPocket’s head of data and research, Kev Coleman, noted that most Obamacare plans cost more than $300 per month, before subsidies are factored in.

The average price nationally in 2017 for a bronze plan — the cheapest Obamacare tier — is $311 per month for a 30-year-old nonsmoker who does not qualify for subsidies, Coleman said.

Another troublesome finding for Coleman was that millennials ages 18 to 34 were more apt than other groups to say $100 was the most they could afford.

“The millennial group is highly attractive to insurers because they are statistically more likely to use fewer health care services than older age groups, thus helping to control premiums within a risk pool,” Coleman wrote in a report on the survey findings. If millennials steer clear of insurance, it could increase prices for others who do buy the plans.

Federal health officials have stressed that most people who buy coverage from a government-run insurance marketplace qualify for subsidies that significantly lower the premiums. Full Story

What gives- why do we delve into so many various topics; are the interconnected

The answer would have to be a resounding yes; everything is connected you just need to spot the pattern.

Free market forces ceased to exist after 2008; the markets were never free, but any remnants of freedom vanished after the Fed decided to prop the markets indefinitely by forcefully maintaining an ultra-low rate interest rate environment.  All the information today is manipulated; from the food, you eat to data you are provided.  If you are aware of this, you can plan accordingly. Identifying the problem is over 80% of the solution, and this is why most people do not know what to do because they do not understand the problem. Now you know why we are the only financial website that covers such a wide array of topics that on the surface appear to be unrelated but are in fact, deeply interwoven.  Mass psychology is a very powerful tool, and if employed correctly can help you spot the abnormal levels of manipulation, the masses are subjected to. We strongly recommend that you take a look at Plato’s allegory of the cave.

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1 comment

obama needs to be ready to see everything that he worked for the past eight years in