It’s one glitch after another with Obamacare. The latest is the “family glitch” which could cost families thousands of dollars per year. Actually, they’ve known about this problem for about two years but it’s just getting reported now. Funny how the press ignored all of these rotten things until after the 2012 presidential election.
A so-called “family glitch” in the 2010 health care law threatens to cost some families thousands of dollars in health insurance costs and leave up to 500,000 children without coverage, insurance and health care analysts say.
That’s unless Congress fixes the problem, which seems unlikely given the House’s latest move Friday to strip funding from the law, which is also called the Affordable Care Act.
Congress defined “affordable” as 9.5% or less of an employee’s household income, mostly to make sure people did not leave their workplace plans for subsidized coverage through the exchanges. But the “error” was that it only applies to the employee — and not his or her family. So, if an employer offers a woman affordable insurance, but doesn’t provide it for her family, they cannot get subsidized help through the state health exchanges.
That can make a huge difference; the Kaiser Family Foundation said an average plan for an individual is about $5,600, but it goes up to $15,700 for families. Most employers help out with those costs, but not all. (Read More)
Update: Even without the family glitch, a family of four could see health spending increase by over $7,000 per year. So much for the promise to save families $2,500 per year. That’s a mighty big swing.