Obamacare cost

There are 28 million uninsured Americans and this year Obamacare is losing 5 million who will most likely add to the uninsured number. Most people on Obamacare are in the Silver Plan which offers subsidies on monthly premium payments and cost sharing to help with annual deductibles. Even low-income families are faced with a maximum of $3,500 per year out of pocket. Many choose to go without insurance since they can sign up for Obamacare after they get sick. Many other uninsured just go to the emergency room for regular health problems. Most people are unaware that the average person on Obamacare pays $16,000 per year out of pocket and for a family that rises to $21,000. This is surprising to many people because all of the information about Obamacare talks about the monthly premium and rarely mentions the annual deductible. Also, most people have health insurance through their employer and their cost is relatively low.