Thursday, November 29, 2012
Unaffordable Cost Seen for Some Under Affordable Care Act
To Megan Hildebrandt, President Barack Obama’s Affordable Care Act means she can no longer be denied health insurance because of her lymphatic cancer.
There’s a big catch: Coverage for the 28-year-old artist and many other Americans without insurance will come at a potentially unaffordable cost.
Hildebrandt, who relies on hospital charity, will face more than $1,000 in annual premiums, by one estimate, and probably more in out-of-pocket expenses even with new federal subsidies. She and her husband have a combined income of $25,000.
“It’s great that I’m not going to have to pay some hugely impossible amount,” said Hildebrandt, who lives in Austin, Texas. “Though now I’m in the health-care system and still have to pay money that we can’t really afford.”
The landmark health-care law, which survived the threats of repeal and a Supreme Court review, now confronts another hurdle: living up to expectations. As the administration spells out the details, many uninsured will be surprised at how much they will have to pay. It may involve “very substantial amounts,” and “there still will be a significant number of people who can’t afford health coverage,” said Ron Pollack, head of Families USA, a consumer group that backs the law. Read more >>