January 1, 2014
ObamaCare has delivered another sucker punch to the middle class. This time it’s sticker shock.
Now that most people can get past the tech problems of HealthCare.gov and actually see the real cost of insurance plans available, they are finding that Affordable Care is a big hit to the family budget. And when the family budget gets hit in the solar plexus, guess what happens to consumer spending and the economy?
In California, policies for about 900,000 Californians are being canceled because of ObamaCare’s mandates, and about two-thirds of these do not qualify for subsidies, according to The Chicago Tribune. The result: These folks will be paying higher premiums.
In Alabama, premiums have doubled for some middle-class families, like that of Courtney Long, a stay-at-home mother of four. She told WHNT News, “It’s devastating. I started crying.”