globaleconomicanalysis.blogspot.ca / By Mike “Mish” Shedlock / Wednesday, November 13, 2013 10:29 AM
In the email below, reader Stacie explains why she and her family of four, all healthy, opt out of Obamacare. Instead she is willing to pay the penalty and use cash-only healthcare services.
Stacie’s family had affordable coverage before. Now they don’t have any coverage.
Yes, this is yet another case of Obamashock!
Stacie writes …
I find all your articles very insightful and educational. I especially appreciate your ability to bring “light” to Obamacare and what it means for our country going forward.
My husband and I are both 28. (Healthy, non-smokers and no preexisting conditions) We also have two young daughters who are healthy.
Our plan was to sign up for another year of coverage through my husband’s employer. Due to increase costs, they are only offering one plan with an HSA. However, these HSA deductibles are higher than I have ever seen. For our family it is $12,000 (in-network). The premiums are $720 per month. $720 a month for the privilege of getting worse coverage.