Low-Income Families Lose Obamacare Subsidies Due To Policy Structure

Low-Income Families Lose Obamacare Subsidies Due To Policy Structure

A North Carolina man spoke with NPR regarding his health care dilemma. Don Benfield makes $11 an hour and has not purchased health care insurance in years due to its excessive cost. While his company does offer the option to purchase insurance, Don still finds himself in a bind. During his interview, NPR captured the reasons for his hesitancy – “To cover only himself, Benfield would have to pay a little more than $2,200 a year. He says he can’t afford that, but that’s an affordable amount, according to Obamacare regulations, and that means Benfield could not get subsidies if he tried to get coverage on the Obamacare exchange. The situation only gets worse if Benfield decided to add his wife to his employer policy. Adding her would nearly triple the annual cost, driving it up to $6,200 a year, almost a quarter of their family income.”

Unfortunately, for Don and millions of other Americans, Obamacare comes nowhere close to fulfilling the promise of providing affordable health care to all levels of society. Without question, it should be back to the drawing board for those wishing to remedy the ails of those who long for the security that affordable health care insurance can provide.

 

Click here to read the full NPR article. 

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