Shifting the Cost By shifting the cost of premiums to the consumer and with health costs continually on the rise, consumers have to take a good hard look at their current health plans. Employers also have to cut back on what they can offer to their employees for the very same reasons. Add to this, the confusion many people have with the Affordable Care Act; also known as, Obamacare, there is a lot at stake. For this paper, I will use my husband’s insurance plan as a comparison. He presently has himself and three dependents on his health care plan through work. The insurance portion that is deducted from his check equals $700 monthly. I visited CoveredCA.com to research our options through the state’s exchange. I found the very same insurance company we have along with the same deductibles and co-pays that we are currently paying. We do not qualify for any state subsidy due to our income and our monthly premium for the same exact plan is $1,929 per month. This equals to us having to pay an additional $1,229 a month if we did not have insurance coverage through my husband’s work. Would
Shifting the Cost By shifting the cost of premiums to the consumer and with health costs continually on the rise, consumers have to take a good hard look at their current health plans. Employers also have to cut back on what they can offer to their employees for the very same reasons. Add to this, the confusion many people have with the Affordable Care Act; also known as, Obamacare, there is a lot at stake. For this paper, I will use my husband’s insurance plan as a comparison. He presently has himself and three dependents on his health care plan through work. The insurance portion that is deducted from his check equals $700 monthly. I visited CoveredCA.com to research our options through the state’s exchange. I found the very same insurance company we have along with the same deductibles and co-pays that we are currently paying. We do not qualify for any state subsidy due to our income and our monthly premium for the same exact plan is $1,929 per month. This equals to us having to pay an additional $1,229 a month if we did not have insurance coverage through my husband’s work. Would