ObamaCare: The Cadillac Plan You Never Wanted

With a week to go until ObamaCare sign-ups begin, families across the country are beginning to feel the effects of the healthcare law and its impact on their household budgets.

Fox News highlighted one of these families – the Mangiones from Louisville, Kentucky. Insurance for the Mangiones and their two sons nearly tripled thanks to ObamaCare.

Their previous insurance costs, bought through the individual market, was $333 a month. Now, it’s costing them $965.

“This isn’t a Cadillac plan, this isn’t even a silver plan,” Mangione said, referring to higher levels of coverage under ObamaCare.

“This is a high deductible plan where I’m assuming a lot of risk for my health insurance for my family. And nothing has changed, our boys are healthy– they’re young –my wife is healthy. I’m healthy, nothing in our medical history has changed to warrant a tripling of our premiums.

Their insurance company refused to comment for the article, but the notice that the Mangiones were sent included this letter:

” If your policy premium increased, you should know this isn’t unique to Humana — premium increases generally will occur industry-wide.

“Increases aren’t based on your individual claims or changes in health status,” it continued. “Many other factors go in to your premium including: ACA compliance, including the addition of new essential health benefits.”

For many families, ObamaCare has left them wondering whether or not it’s going to improve their quality of life and help to decrease health care cost. From what we’ve seen, and for families like the Mangiones, it’s clear that this law is only contributing to more financial stress and burdensome health coverage.