Maybe a more appropriate label for the new health-care law is “Unaffordable” Care Act. I am sure I am not the only member of a group HMO whose monthly premiums will increase significantly in 2014; ours will increase 60 percent or more this January, from $125 to $200 per month, or $900 for the year. The increase is solely due to Medicaid increases.
I have contributed into the Medicare and Social Security systems for 45-plus years, but now as a retiree on a fixed income I am made to subsidize an entitlement program for health care.
There are many in worse financial shape than my family. For example, a self-employed contractor I spoke to who was paying $3,400 a year for a family of four had that policy cancelled by the insurer, and the comparable replacement policy would cost his family $9,000. I have read about “sex workers” (striptease and so on) who supposedly make $40,000 or less annually and will pay $100-$200 per month for health care while receiving $260-plus in monthly tax credits. Lastly, in addition to HMO premium increases, I also was required to pay $18,000 into the ACA because of the new 3.8 percent ObamaCare tax surcharge on investment income, in other words, the retirement fund I have worked to save.
As “Joe Average” citizen who has worked all his life, served in the military, and now is finally retired, I feel offended, disrespected, and exploited.