Deductibles are soaring under Obamacare, and many U.S. hospitals are now attempting to collect medical payments before services are even rendered, according to new reports. The financial burden of medical care has increased so much as a result of Obamacare — just as predicted — that hospitals can now clearly see the writing on the wall: Many more people than ever before will be unwilling or unable to pay their medical bills.
According to CNN Money, Americans today are having to foot a much higher percentage of their medical bills than ever before due to ever-increasing deductibles. Five years ago, for instance, an individual, employer-sponsored policy had a deductible of just over $800. Today, that same policy carries a deductible of about $1,217, a rate more than 50 percent higher.
Similar increases have occurred for family plan deductibles, which the 2014 Kaiser Family Foundation and Health Research & Educational Trust report says have increased by 31 percent overall. Since 2006, family plan deductibles have nearly doubled, jumping from an average of about $1,034 per family to $1,947.