Obamacare shock:$12,600 deductible, 40 percent co-pay, zero competition
by Paul Bedard
Many Americans shopping for better health insurance deals promised by the two-week-old Obamacare system are instead being slapped with rate shock, including savings-sapping deductibles and co-pays, according to multiple reports from around the country.
For some able to get the problem-plagued Obamacare website to work, the so-called “deals” the system is coughing up around the country include $12,600 deductibles, co-pays of up to 40%, zero competition, and rate hikes of 260%.
The huge cost increases that some Obamacare applicants are seeing are feeding the effort in Congress to change the system and delay implementation until January 2014.
"This is why we've been working so hard to dismantle and repeal this bill, so that we can begin to pass step-by-step reforms that transform the health care delivery system by putting patients in charge, giving them more choices, and reducing the cost of health care so that more people can afford it,” said Tennessee Republican Sen. Lamar Alexander....