Hate Obama, Love Obamacare
How a skeptical Ohio family found plenty to like in health care reform
The Recchis and their agent soon zeroed in on a plan with a $793 monthly premium that provided full coverage, though with a deductible of $12,000 for the entire family, meaning the Recchis would pay the first $12,000 in expenses. After the deductible was reached, there would be no co-payments for anything, including all drugs. However, the Obamacare subsidy, assuming a $90,000 income, brought their cost down to $566 a month. If their income was the same $40,000 Stephanie had estimated for 2013, the subsidy would increase and their premium would be just $17 a month.
"They had budgeted insurance at $1,200 for each of them for their new business," says Cohen. "That's $2,400 for the two of them, compared to $566, so they were thrilled ... They had seen all those stories on television, and because of their views about Obama, they believed what they wanted to believe--until they saw these policies and these numbers."
"Here I get full protection for $566, compared to no protection for almost $500," Stephanie says, referring to her old plan that had cost $469 monthly and that MD Anderson had scoffed at. "This is wonderful."
Read more: Hate Obama, Love Obamacare - TIME http://content.time.com/time/magazine/article/0,9171,2162940,00.html#ixzz2qn3veP00