Friday, October 4, 2013

What will Obamacare cost you?

I admit I have not read, much less studied, the Affordable Care Act, better known to us unimportant citizens as Obamacare.  Then who does understand it?  We hear something new about it almost every day.

We have less than 90 days to learn what effect it will have on us individually.  Will we have insurance?  What will it cover?  What will it cost?  What doctors will be accessible to us?  One thing we know -- if we cannot get insurance or afford the coverage, the beloved IRS will fine us.

Some people know now that costs will be prohibitive. For example, a young single man has a policy costing him less than 50 dollars a month. For the same coverage Obamacare will cost 175 dollars a month.

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