The health insurance exchanges that employees will be marooned to if their companies drop their coverage will in most cases cause workers to pay more for their policies, according to an independent study by National Journal.
From the piece:
For the vast majority of Americans, premium prices will be higher in the individual exchange than what they’re currently paying for employer-sponsored benefits, according to a National Journal analysis of new coverage and cost data. Adding even more out-of-pocket expenses to consumers’ monthly insurance bills is a swell in deductibles under the Affordable Care Act.
Health law proponents have excused the rate hikes by saying the prices in the exchange won’t apply to the millions receiving coverage from their employers. But that’s only if employers continue to offer that coverage–something that’s looking increasingly uncertain.
Darn right it looks increasingly uncertain, especially for small businesses.
What’s more, National Journal reports, it’s not clear the plans you obtain on the exchanges will be as good as the one your employer dropped you from.
Wow – that would be two broken Obama promises in one fell swoop: You don’t get to keep the coverage you have, and your health care becomes more expensive, not less.
This study doesn’t even account for other potential Obamacare hardships for working people, like having your hours cut to 30 per week so your employer can avoid giving you coverage if they don’t currently provide it.
But, come on, Obama never promised you’d continue to work a 40-hour week.