My message to the Tea Party uninsured: Economic lunacy not to enroll in Obamacare
Sat, 09/28/2013 - 6:04pm
You don't have health insurance. For whatever reason. Maybe you don't have an employer who offers it to you. Maybe you have a pre-existing condition. You would like the security of health insurance for you and your family. You work, but private health insurance coverage is so costly, you're priced out of the market. You are part of the Tea Party movement. You want Obamacare repealed. You passionately believe Obamacare in the long term will be bad for the economy. Well, I've got news for you. Check out how cheap the prices are for health insurance under Obamacare. You can start shopping for a policy with a private carrier starting Tuesday. You can buy a policy even if you have a pre-existing condition. My column about what a great bargain health insurance is for the uninsured if you get a policy shopping through Obamacare is HERE. I understand it may be hard to balance your opposition to Obamacare with the opportunity, for the first time, to buy affordable private health insurance. But for the uninsured, Obamacare is a great bargain. No matter your politics, it is economic lunacy to gamble with your health and fiscal future and go without health insurance. Here are some Illinois examples, provided by the State of Illinois, launching "Get Covered Illinois" on Tuesday: *Prices....The lowest proposed monthly rate for the most basic plan for a 25-year-old is $120 in Chicago or $128 in Peoria; for a 40-year-old it would be $152 in Chicago or $163 in Peoria; and for 60-year old consumer it would be $323 in Chicago or $346 in Peoria. *Subsidies....A single 30-year old, with a household income of $23,000 could be eligible for a subsidy that could bring the monthly cost to $44 in Peoria or $69 in Chicago For a single 25-year-old in Chicago with an income of $23,000, buying the lowest cost "bronze" plan at $120 a month – the subsidy is $22 bringing the cost down to $53. A family of 4, parents aged 40 with 2 children, with a household income of $60,000 could be eligible for a subsidy that could bring their monthly cost to $150 in Peoria or $234 in Chicago. In Illinois, you will be able to buy insurance from Aetna Life Insurance Co.; Coventry Health and Life Insurance Co.; Coventry Health Care of Illinois Inc.; Health Alliance Medical Plans Inc.; Blue Cross Blue Shield; Humana Health Plan Inc.; Humana Insurance Co. and Land of Lincoln Mutual Health Insurance Co.