Scary Healthcare

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How scary is Obamacare?  Here are some recent articles:

  1. Half of Obamacare customers cut back on care to manage costs.
  2. Analysis indicates deductibles for lowest-priced ACA plans exceed $6,000
  3. 85 percent of consumers who purchase healthcare coverage through the exchanges will qualify for Federal subsidies to offset higher costs (meaning 15% of the country is paying a ton of money)
  4. Middle-income Americans take the biggest hit with obamacare
  5. Millions choose to pay ACA penalty rather than enroll in health care plans

None of these references are from Fox. They are from CNBC, CNBC, NBC, Forbes and the NY Times respectively.

Happy Halloween!

Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  3 comments for “Scary Healthcare

  1. RSW
    October 31, 2016 at 10:14 am

    (meaning 15% of the country is paying a ton of money)

    Huh? Only 10-15 million have health insurance through the exchanges. Do the basic math.

    • JTM
      October 31, 2016 at 10:32 am

      The exchanges don’t operate in a vacuum. If you think the insurance companies selling insurance in the exchanges aren’t raising the rates of ALL of their customers to cover the losses in the exchanges, you need to take an economics class. So, yes, the 15% is paying a ton of money to cover the exchange losses.

      • RSW
        October 31, 2016 at 11:36 am

        Still don’t understand where the 15% figure comes from.

        Anyway, all the insurers are posting enormous quarterly profits that far outweigh their relatively small losses on the exchanges – that’s where the higher non-exchange premiums are going.

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