The Health Insurance Scam – “Coverage” Doesn’t Mean Affordability or Access

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An architect of the federal healthcare law said last year that a “lack of transparency” and the “stupidity of the American voter” helped Congress approve ObamaCare.

He suggested that many lawmakers and voters didn’t know what was in the law or how its financing worked, and that this helped it win approval. 

– From the post: Video of the Day – Obamacare Architect Credits “Lack of Transparency” and “Stupidity of the American People” for Passage of Healthcare Law

Politicians, particularly those of the Democratic persuasion, love to throw around statistics about how many additional people have health coverage without ever talking about the cost of such coverage, or whether it actually translates into actual access in the real world.

While a greater number of Americans having healthcare insurance is an accomplishment when it comes to protecting against unexpected catastrophic events or extended hospital stays, it doesn’t tell you anything about two very important variables: 1) How much does it cost? 2) What kind of access does it provide? As usual, the devil is in the details.

We’ve all seen headlines about the cost of monthly premiums rising, in some cases by dramatic amounts, but that’s just the tip of iceberg. Once you’ve paid your premium, you’re far from off the hook. Another one-two punch of deductibles, copays and out of pocket maximums appear which can collectively run into the thousands if not tens of thousands of dollars for families. Meanwhile, it appears insurance companies may have recognized the politically toxic nature of higher premiums, so it seems focus has turned to deductibles as the most efficient way to suck more money from the public for no comparable increase in service.

As the Daily Caller reported earlier this month:

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