ObamaCare’s High Deductibles Create More “Free Riders” than Ever


Ironically these free riders won’t be uninsured. They’ll have ObamaCare.

The health care reform law was sold in part as a way to wipe out hospitals’ costs of uncompensated care by requiring universal coverage and expanding Medicaid eligibility. However, a surge in high-deductible health plans could have the opposite effect should patients not cover their share of the cost.

If enough of those newly insured patients can’t, or don’t, pay their bills, hospitals could struggle to make up for $155 billion in cuts to their federal reimbursements that they agreed to in order to expand health insurance coverage under Obamacare, according to a recent report from Moody’s Investors Service.

As the plans on the marketplace are designed, a patient with a high-deductible plan could be on the hook for a $5,000 to $6,000 bill before their insurance kicks in.

“When they have a catastrophic health care event, their out-of-pocket expenses can exceed what they’re able to pay,” said Steven Glass, the Clinic’s chief financial officer. “That’s where it makes it very challenging for a health care provider.”

So hospitals will lose money. Patients will lose money. And who exactly wins?

People are losing their plans and being forced to go onto plans with higher premiums and high deductibles. Hospitals will lose money on both ends from reimbursement cuts and from high deductible patients not paying their bills. And they’ll also be hit with a bunch of new “quality control” fines.

So much for stopping the “free riders”. Instead ObamaCare will create insured free riders.

  • Gee

    I think that was the plan all along. He just couldn’t even get a totally Democratic House and Senate to go along.

    So instead he is just going to crash the entire system

  • objectivefactsmatter

    Math isn’t just hard. It’s too hard. Time for more socialism.

  • Cathy1000

    The hospitals are already wise to that. In many hospitals and doctors offices around the country, they are requiring payment in full of deductibles and co-insurance for any non-emergency treatments.

  • http://www.wakepedia.blogspot.com/ Wakefield Tolbert

    As the computer nerds used to say, “that’s not a bug, that’s a feature!”

  • Guest

    I have a question, will paying my deductible under obozocare trigger a SAR (suspicious activity report) from my bank? Banks are required to justify transactions over 10k, so… If my affordable health insurance carries a $12k deductible….

    • Jev Adiah

      What difference does it make.

  • Pattersonsm

    It will get better

  • burnadams

    No wonder ObamaCare is refusing to disclose the deductibles on the website . . .