Higher Health Insurance Premiums This Year - Essay Example

In her article addressed to the American public who have to struggle to pay for healthcare coverage, she explains that: This year, the average premium for a family hit $15,073 — $1,303, or 9%, higher than the year before. And that’s on top of increases of 5% in 2009 and 3% in 2010. Employees are picking up a substantial portion of that tab. They paid an average of $4,129 for their family insurance premiums this year — more than double what they shelled out 10 years ago. And that figure doesn’t include out-of-pocket health expenses.

( Pipes, “Higher Health Insurance Premiums This Year? Blame Obamacare”) Her facts are easy to verify. Just talk to any family that recently paid up their health insurance premiums and you will get the same answer from them. I agree with her findings as well because my family just recently paid up their share of insurance premiums, which went up because their companies told them they had to shoulder more of the cost if they wanted shared coverage, and the total cost we paid means we are facing a very bleak Christmas this year.

Mostly because they had to cover me under the “slacker mandate” of the law. Because of me, and other under 26 kids out there, parents are having to shell out an extra 3% on their premiums. ( Pipes, “Higher Health Insurance Premiums This Year? Blame Obamacare”) She presents solid and valid arguments as to why Obamacare must be repealed such as the cost of family healthcare jumping 9% higher than last year and the fact that American families barely have any disposable income left.

$95 leftover after paying bills ( Pipes, “Higher Health Insurance Premiums This Year? Blame Obamacare”) will not even cover a full day of expenses for an average family. The bottom line is that Obamacare is a failed policy and as Pipes puts it, it must be repealed before it can cause any further irreparable damage to families and their already dwindled finances.