Why the Obamacare 2016 Open Enrollment Stalled: The Big Unwritten Story About Obamacare—How Unaffordable It Is for the Working and Middle Class

Those touting Obamacare often brag about how affordable it is. According to the White House Website, “Many Americans can get a [health insurance] plan for less than $100 a month.” That’s all true if you are poor. Obamacare has been very helpful to those on Medicaid and those with the lowest incomes on the insurance exchanges. But if you are solidly in the working and middle-class in this country individual health insurance on the state and federal exchanges is anything but affordable. That is why the Urban Institute found that more than 80% of those earning between 100% and 150% of the federal poverty level (FPL)–the poor–signed up for Obamacare coverage in 2015 but only about 30% of those earning between 200% and 300% of the FPL signed up. Even worse, only about 14% of those earning between 300% and 400% of the FPL signed up in 2015. According to HealthCare.gov, a family of four living in Roanoke Virginia, with mom and dad age-40, and making $60,000 a year would have to pay $415 a month, or $4,980 a year for the second lowest cost Silver plan, a plan from Optima Health. That plan has a $5,000 deductible.

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