ObamaKare And Family-Insurance Plans

Much ado was made of Obama's warning health-insurance companies not to raise costs.

And I personally know of several people who supported ObamaKare because they believed that ObamaKare would help them to keep their children on the family's health-insurance plan until those children reach age twenty-six. Quite the attractive carrot for Obama's health-insurance reform, apparently.

Surprise! There's no such thing as a free ride!

From this June 27, 2010, article in the Washington Post:

It is among the top early selling points of the health-care overhaul -- a new rule that has particular appeal for middle-class, middle-age voters: Young adults who lack health insurance will soon be able to remain on their parents' plans until age 26.

But although Obama administration officials note that the provision will help millions, the benefit is proving less immediate than many families expect.

The administration's success in convincing dozens of insurers to comply with the provision earlier than the law requires has left many parents with the impression that their adult children will be eligible for continuing coverage far sooner than is likely to be the case, experts said.

Furthermore,

Many military families are also just learning that the young adult children provision -- and the rest of the overhaul -- won't apply to TRICARE, the Defense Department health plan serving 9.6 million active and retired service members and their families.

[...]

Many military families are also just learning that the young adult children provision -- and the rest of the overhaul -- won't apply to TRICARE, the Defense Department health plan serving 9.6 million active and retired service members and their families.

[...]

The years to come could bring further rude awakenings for parents as employers and insurance companies look for ways to offset the added costs of covering these workers' children longer into adulthood, experts say.

For instance, roughly half of employer-based insurance plans currently charge a blanket family rate regardless of how many children are included on the plan. But the survey by Mercer found that one in five are now strongly considering or likely to start charging on a per-child basis.

Similarly, while Mercer found that on average employers cover more than two-thirds of the cost of family plans, 16 percent said they are strongly considering or likely to require their workers to start contributing a greater share.

ObamaKare - smoke and mirrors, and utopian fantasy that cannot possibly be fulfilled.

And now that the bill has been passed, we who bear the burden of the costs of ObamaKare are finding out more and more of the ugly details. More such ugly details to come. Quite the reality check is looming.