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Is obama care lowering health insurance in private sector?

I heard some one say, " my health insurance went down by 1/4 of the cost" " my insurance lowerd my co pays,er visits, prescriptions, and out of pocket expenses."

The company is reliant standard( ( there own employess go else where for cheaper insuarnce).

How could obama care lower these cost's ? My guess is creating compitition in private sector.

Has anyones insurance cost gone down ? And why?

2 Answers

Relevance
  • 7 years ago

    My premium went down a little BUT my deductible and out of pocket went through the roof. Basically, Ill have to come up with 3000 out of pocket, per person for a max of 10k, before my insurance pays a dime and at that point its only 80%.

    Im screwed and won't be going to the doctor unless I'm deathly ill.

  • ?
    Lv 7
    7 years ago

    If its given time to work it will. But some elements are doing all they can to scramble the news thats worthy about the ACA.

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