Nothing 'Free' About Obamacare

Friday, 24 Sep 2010 02:53 PM

By Betsy McCaughey

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Whenever you hear the word “free,” you’re forewarned that someone is trying to play you for a fool. Supporters of Obamacare are telling us that the new law offers “free” preventive care. But read the fine print.

What the law actually says is you have to pay 100 percent upfront, in your premium, for any preventive care services such as mammograms, colonoscopies, and quit-smoking programs.

If you decide to get one of these services, insurance companies can’t charge you a copay. But that doesn’t mean you get it for free. You’ve already prepaid.

If you buy the $25 all-you-can eat buffet, the restaurant can’t claim dessert is free.

You may be one of the millions of Americans who just got a premium hike in the mail. One reason is “free” preventive care. Another reason is the ban on lifetime caps.

Until now, most health plans put a lifetime limit on what the insurer will pay. Obamacare outlaws that limit. That’s an attractive change for people with chronic illnesses. But it’s not a freebie either.

In fact, it is the single biggest reason your premium is going up. If you got rid of the cap in your auto insurance or your homeowner’s plan, those premiums would soar too.

Essentially the new law takes away your decision about how much insurance you’re willing to buy. You’re forced to buy the sky’s-the- limit policy and pay the higher premium, whether you want to or not.

When you get more, you have to pay more. There is no tooth fairy.

Premium hikes in the mail, and more down the pike. According to the administration’s own projections released by the Centers for Medicare and Medicaid on Sept. 9, your premium is going to be higher than if the law hadn’t passed every year through 2019. As far as the eye can see.

Don’t let your Congress member act surprised by this bad news. Members of Congress were warned by the Congressional Budget Office last March, before they voted for the Obama health law, that it would raise premiums.

They knew they were casting a vote to take money out of your pocket. That’s something to remember on Election Day.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Obama Doesn't Take ISIS Threat Seriously

Thursday, 18 Sep 2014 09:44 AM

On Monday, Attorney General Eric Holder, Homeland Security Secretary Jeh Johnson and New York’s Gov. Andrew Cuomo sounde . . .

Obama's Immigrant Bill Could Have Deadly Consequences

Tuesday, 09 Sep 2014 09:44 AM

President Obama will be meeting with congressional leaders and military advisers on Tuesday to frame a strategy for batt . . .

What Congress Should Do to Stop ISIS

Tuesday, 02 Sep 2014 11:45 AM

Congress and the president need to get to work on thwarting jihadists with American or European passports from importing . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved