Supporters of President Barack Obama and his health care law were shocked to learn that their health care plans are being replaced with more expensive ones to comply with all the requirements of Obamacare.
Cindy Vinson, of San Jose, Calif., will reportedly pay $1,800 more each year for an individual policy. Additionally, Tom Waschura, of Portola Valley, Calif., will pay nearly $10,000 more for insurance to cover his family of four.
Both of the California residents “vote independent and are proud to say they helped elect and re-elect President Barack Obama,” according to the San Jose Mercury News. They also both anticipated their rates would go up, just not so drastically.
“Of course, I want people to have health care, I just didn’t realize I would be the one who was going to pay for it personally,” Vinson said.
Waschura said he was “laughing” at House Speaker John Boehner (R-Ohio) and Republicans until he got his new rates in the mail.
“I really don’t like the Republican tactics, but at least now I can understand why they are so pissed about this. When you take $10,000 out of my family’s pocket each year, that’s otherwise disposable income or retirement savings that will not be going into our local economy,” he said.
“Both Vinson and Waschura have adjusted gross incomes greater than four times the federal poverty level — the cutoff for a tax credit,” the report adds.
Even so, Waschura says he is still not against Obamacare, despite the $10,000 yearly increase in his insurance plan.
“It’s just the initial shock. I’m holding out hope that there will be a correction over a handful of years,” he said.
More from the San Jose Mercury News:
Not all of the sticker shock can be blamed on Obamacare.
Health care inflation costs routinely increase at least 4 percent annually, said Ken Wood, a senior adviser for Covered California. Those increases, he noted, are due to an aging population and the rising costs of new medical technology and drugs, among other factors.
But Wood, Wu and others also said premiums will rise as a result of people getting better insurance under the new law, which requires most Americans, with few exceptions, to buy health insurance no later than March 31, or pay a minimum $95 annual penalty.
The law’s intent is to cover people who are now uninsured by making insurance accessible to everybody. But that means rates will rise for many because sick and healthy people will now be charged the same premium.
(H/T: Fox Nation)