Saturday, November 02, 2013

Getting Baracked by Health Insurance

"How do you know when a politician is lying?  When his lips move." - old joke

It seems that a growing number of people are disappointed in President Obama for delivering the opposite of what he promised.  It has happened to so many people, I think the phenomenon is worth an eponymous description of  getting "Baracked."

The most recent Baracking happened with Obamacare.   Many people with individual insurance policies are unable to maintain the same coverage and often need to pay much more to be insured.  In the case of the young and healthy, health insurance is not quite as affordable as anticipated.   As it turns out the Baracked in these articles also voted for President Obama, which seems very fitting.

Fortunately, I have not believed any of the health care promises that President Obama made and have been prepared for my insurance coverage changing and getting more expensive.  I expected more government involvement would significantly raise the cost of health care and it has for us.  

For more on Reflections and Musings, check back every Saturday for a new segment.

This is not financial advice. Please consult a professional advisor.

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