Wednesday, August 21, 2013

ObamaCare, How I See It

Let me start by saying,

I am not a politician. I am not an insurance agent. I am not a lawyer. I am not a doctor. I am not a healthcare administrator. I am not a college graduate.

To fully understand ObamaCare you have to be one, if not all of the above. So as you read this, keep in mind this is my take on it, and the way I see it affecting those around me.

I am a small business owner so I will see things from my point of view. I have visited with doctors and healthcare administrators, but I don't understand how it affects them (although I've heard it's not good.) I have visited with insurance agents, but I don't understand where this will leave them (most of you don't care.)

Creator Designs employs approximately 35 full time employees. For about 10 years now we have been providing health insurance for our employees.... these wonderful people!

In March we met to go over our annual insurance review. We meet with our agent and he shows us how the rates will change for the upcoming year. Sometimes we cringe and sometimes we hi-5.

Several things determine if our rates change. Get this in your head...

Insurance companies need to make money. They are not non-for-profit. They are not a government organization. They are in business to be profitable, and contrary to what some think, this is not a sin, and this is not against the law. 

So, when our group's health care costs are higher in a year, we can expect a raise in our rates the next year. From 2012-2013 ours didn't raise at all, we have a young healthy group. On an average companies rates go up about 12% At this dreadful March meeting, we were told to expect 30-50% increase on our rates.


Wasn't Obama's goal to HELP people in the area of healthcare, to encourage businesses to cover their employees?

So I started researching and asking, if we were already providing coverage, shouldn't we be rewarded? or get a pat on the back? at least an ole atta-boy? too much to ask??? Ok, then, just leave us alone, we don't need our  rates to double!!!

Oh those evil insurance companies! They know they are losing some customers to ObamaCare so their raising our rates so they can keep their jets and vacation homes, right??? Well, the more I researched the more I discovered, they are being forced to play with a new set of rules. Rules that in many cases won't apply to large companies, just small business.

1. Thou shalt not charge a higher rate for child-bearing, hormonal women over simple, vigorous men.
2. Thou shalt turn down no one for pre-existing conditions.
3. Thou shalt make broader the benefits and lesser the limits.
4. Thou shalt charge the young & healthy at least a third of what thou charges the old & cranky.
5. Thou shalt provide dental & vision to all who apply.

I could go on and on, but you get what I'm saying. ObamaCare is making the rules, the insurance companies are still attempting to make a profit... and this leaves us with an increase in rates. Which in the future, leaves us to stop offering health insurance to our employees. Now we're hoping to aid them in some way financially, but in most cases this will force them into the "exchange" and out of private insurance.

*Nothing is free, someone always pays.

If Mr. Obama wants the uninsured to be insured, how can he accomplish that? By taking a little of what you currently have and giving to someone that doesn't.

So, after all that, what you started reading for...
How I See It...

Ending thoughts... This blog post could have gone on and one. There are so many angles and so much more to say. I know I'll read over this tomorrow and want to add 100 things, and I might just blog about it again. Several people private messaged me about what ObamaCare is doing to them. The majority of them told of how they were losing coverage from an employer or their premiums were going up. Even one was told that his coverage would drastically change and not to expect the same treatment for his Stage 4 cancer once 2014 arrived. These stories need more attention and I hope to find time to tell them.

*Is Salvation and forgiveness free? No! Jesus Christ paid the price.

Now back to baseball games and silly boy stories. :)

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