I received my Blue Cross & Blue Shield cancellation letter a few weeks ago.
The problem with the plan my wife and I purchased for our family is the same many Americans are facing — under the new standards created by the Affordable Care Act, our plan has been deemed insufficient.
Our plan was cancelled because it did not include maternity coverage. That doesn’t mean my wife would go to a hospital to have a baby without insurance coverage. It means that she would have to pay her copay at each prenatal visit and pay out-of-pocket for ultrasounds until our deductible was met.
The amount of money we would pay for those services would balance out, whether we paid them in advance as part of a more comprehensive coverage plan or if we paid at each visit.
The new plan BCBS proposed for us would charge premiums that are more than double the ones we were paying before.
President Barack Obama recognized that cancellations like the one I received were doing some serious harm to Democrat lawmakers in many states, North Carolina included. Sen. Kay Hagan has done an about-face and has emerged as one of the vanguard lawmakers who realize the bungled launch of the ACA will not serve Democrats’ immediate political interests.
The President’s “fix,” a one-year reprieve for cancelled plans, was approved by North Carolina Insurance Commissioner Wayne Goodwin on Friday, according to North Carolina Health News.
My family wouldn’t starve to death, when such a dramatic increase in our premiums is implemented. We won’t lose our home. But we will have to adjust our budget to meet the strain of one of our expenses doubling.
That means, ultimately, that many of the businesses we patronize locally would miss out on our dollars.
Therein lies the fatal flaw of Obamacare — the idea is that pumping private money into a private insurance scheme will somehow make healthcare more affordable for Americans as a whole. It’s not a nationalized health care system, not matter how many tax breaks and price breaks you throw at low-income customers. It’s an enormous taxpayer subsidy for the insurance industry.
That’s not something Americans should have to foot the bill for.
Michael Gebelein is Managing Editor of the Lincoln Times-News.