Obamacare continues to squeeze more familybudgets - so what's the answer

More families are having their budgets busted by Obamacare. This New York family is really feeling the pinch as their premium increased 100%. What they should have done is call 770-530-4926 for a consultation and evaluation of their current health insurance plan.

Ignoring the Health Insurance Tax (or penalty as some call it)

I get asked all the time, "does your plan meet the ACA standards so I won't have to pay the penalty?" To which I respond, "NO".

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Their initial response is typical. "then why would I buy a policy from you?". We then begin to look at the total out of pocket their on the hook for with an ObamaCare plan versus one of my plans.

Just this week I enrolled an engineer who had the same question. He was about to re-enroll with his carrier and absorb a $400 increase in his monthly premium, paying $1100 now versus $1500 in January. After assembling a quote for him we were able to get him a similar but yet slightly better plan for about $980 a month with only $3000 deductible for the entire family. His original deductible was $6000.

Simple math illustrates that he is saving a total of $7800 a year with the plan I was proposing. His penalty would be about $3000 which left him with a surplus of $4800. It doesn't take a genius to figure out which plan to go with.

Granted, not everyone may get this big a savings when switching over to US Health, but I recommend that you look at the entire financial picture before you make your decision. Look very closely at all the details of your ObamaCare plan; RX deductibles, total family deductibles, lifetime amount of the certificate being issued (ours is 5 million), access to doctors, many today won't treat you if you have Obamacare (going out of network to see a doctor is costly)

It's worth your time to get your proposed health insurance analyzed to see what you're truly getting versus other options... schedule a FREE consultation to see what you may be eligible for.

Don't Qualify for Health Insurance Subsidy?

No everyone will qualify for health insurance subsidies. Just today I was advising a young Hispanic gentleman. He informed me that he was getting a much better quote from healthcare.gov. At first I couldn't believe what he was quoting me. So I proceeded to do a "screen share" with him so he could follow along with me as we built a plan for his family. Sure enough he was quoted $145 a month with a $2700 dollar deductible. Not bad. But that was with a $350 subsidy. But as a took a loser look at the details of the plan they were about to choose I noticed that the were being limited to the doctors they could see and that they also had a $1000 deductible for prescriptions. Not only that it did not cover his kids. He was informed that his 2 kids would probably qualify for Medicaid due to his projected income for 2015. Bottom line, he was going to spend a lot more than $2700 out of pocket and most doctors wouldn't see him What I proposed for him to do was to select a plan that would allow him to see any doctor he wanted and go to any facility and be part of the largest PPO in the country. His total out of pocket liability would be $3000 annually for his entire family. and he would be guaranteed to not get a rate increase for 36 months. At that time he would see a modest increase but would then have his rate guaranteed for another 36 months