Costs skyrocket in anticipation of law

My wife and I are 65 and 64 years old, respectively. We have had private health care coverage with our insurance company for many years. Over the last five years we had to repeatedly increase our deductibles and co-pays to try to maintain some stability to our costs. My wife does go on Medicare next month and we purchased a supplemental Medicare advantage plan to protect our family from any catastrophic expenses. We are both on Social Security now and have a comfortable fixed income.

We currently pay $326 per month for my insurance (with a $7,500 deductible) but was informed that this plan will be discontinued at the end of this year, being replaced with a bronze affordable care act plan ($10,000 deductible). The monthly premium will go to $628 per month. We may or may not be eligible for a medical tax credit to offset some, if any of this increase. The light at the end of the tunnel is that next year I will be able to go on Medicare, with a supplemental plan….

I find it hard to believe that we are in the minority and wonder how other families are able to absorb such extraordinary increases, let alone the major increases in deductibles. I have never felt that I was entitled to health care coverage and accepted that responsibility. It just seems that all of the health care providers, hospitals and insurance companies are positioning themselves to protect themselves and investors before the Affordable Care Act becomes law. Health care should be available and “affordable” without all the added hoops to jump through with the IRS. Can you imagine how much bigger, complicated, and expensive the accountability departments in our government will have to become to administer this cost saving action of reduced health care costs?

Marc Owenby

Everett

More in Opinion

Editorial cartoons for Friday, Nov. 24

A sketchy look at the day in politics.… Continue reading

Editorial: Save some shopping for Small Business Saturday

Patronizing businesses in your hometown promotes the local economy and supports jobs. And it’s fun.

Ignatius: An art-world tool could provide more faith in facts

‘Digital provenance’ could provide a trail of evidence that would assure greater confidence in news.

Saunders: Political world wrestles with how to handle gropers

While corporations can quickly fire their bad boys, politics has muddied the fates of its accused.

RFA isn’t providing savings promised to Lynnwood taxpayers

The headline for the front-page article of the Nov. 18 Herald read… Continue reading

GOP tax bill’s trickle-down ethic goes against God’s word

While trickle-down tax policies may be of dubious merit even on purely… Continue reading

Second Amendment didn’t anticipate today’s arms

We have been looking the issues regarding gun control and assault weapons… Continue reading

GOP tax bill won’t serve majority of Americans

As the Republicans work furiously to prepare their Christmas present for Mr.… Continue reading

Most Read