Forty-seven percent of Americans with health insurance through their employers report more money being taken out of their wages each month to pay for health insurance since the implementation of Obamacare.
Forty-four percent of those with employer based-health insurance say they are having to pay more out-of-pocket expenses related to health care, including deductibles and copayments compared to 12 months ago.
US households with incomes between $50,000 and $74,999, otherwise known as upper-middle-income Americans, are the most likely group to find more money taken out of their paychecks and higher out-of-pocket expenses.
Obamacare hits upper-middle income Americans
According to a study carried out by Bankrate Inc., upper-middle income Americans report being hardest hit by Obamacare. Forty-seven percent of them feel that the health care law has had a detrimental effect on their health insurance.
Initially, many employees feared they would lose family coverage with the Affordable Care Act. According to Bakrate Inc, less than 10% of those with employer-based health insurance lost coverage for a child or spouse this year.
Only 20% of US employees with employer-based health insurance today have fewer doctors included in their plans.
Bankrate.com insurance analyst Doug Whiteman, said:
“Since so much of the Obamacare conversation has focused on uninsured Americans and the government-run exchanges, it’s easy to forget most Americans – about 150 million – get their health insurance from an employer. People covered under these plans should watch for changes and discuss with their employers how Obamacare may affect their coverage and costs.”
“In some cases, getting insurance through the health exchanges could be more cost–effective, so it is important to research all possibilities.”
The study also found:
- 52% of female employees with employer-based coverage say they now have higher out-of-pocket expenses, compared to 35% of male employees.
- 38% of Americans want to keep Obamacare.
- 48% of Americans want to get rid of Obamacare.
Twice as many Americans (31%) feel negatively about the current law compared to those who feel positive about it (15%).