I am self-employed and have health insurance through Blue Shield. The present premium for my family’s coverage is $870 a month, and we have a $3,500 deductible.
I just received a letter from Blue Shield stating that under the Affordable Care Act, my new premium will be $1,377.98 and my new deductible will be $4,500. Not only that, instead of paying 100 percent after meeting the deductible, they will only pay 60 percent.
Under the free market, Blue Shield was happy to charge me $870 a month. With government intervention, the cost is now $1,377.98. Thank you, Mr. Obama and Congress, for deciding that you know how to spend an additional $6,000 a year of my money better than I.