Upon reading the terms of the Affordable Care Act, I am wondering how much the insurance companies paid President Obama and the Democratic Party to pass this bill.
As I read the information provided, a family with a modest income who could afford to pay for only the Bronze Plan would have a $5000 deductible for both medical and drugs. That is basically no medical insurance for the average family. The premiums collected from that family and the tax payers will be clear profit and the family will have less money available to pay for normal medical costs. Additionally, the plan will pay for only three primary care visits per year at a cost of $6O per visit to the family. The premium for the family will be from $100 to $700 per month. The way I see it, the only winners in this law are the insurance companies.
Hopefully, the medical insurance I now have won’t be so adversely affected by this stupid law that I will lose benefits.