Published December 23rd, 2014 by Stephanie
While the issue has, perhaps, been a little bit overstated, it is proving to be the case in some situations and some states -- depending upon the relative affordability of the available care.
Just days ago, the Boston Globe reported that only about 1% of the people who “have learned they are eligible” for insurance through the state exchange have paid for their coverage.
In regards to the state exchanges, system performance is up in many states, including Massachusetts. However, people are opting for shorter sessions and not choosing to follow through on plan selection.
This could expose thousands of people to significant healthcare costs throughout the state and elsewhere in the United States.
It’s important to understand that any estimates before February will be inherently limited, since the final deadline to get health insurance and avoid penalties does not take place until then.
However, it is easy to contemplate the possibility that people are finding healthcare coverage simply is not within their means, and opting for the rare situations where they may be able to avoid the penalties.
In some states where Medicaid coverage was not expanded, a means test can be used in order to avoid penalties. In other cases, there are specific factors and events that can exempt one, such as receiving a shutoff notice from a major utility.
That said, there’s one area where people have little choice but to pay: Medication.
Many people are becoming wary of the current state of healthcare and health insurance. However, it’s important to maintain the resources one needs to pay for medications.
Medications are critical to the health of many Americans, with a growing proportion of people requiring two to three medications a day. Seeking out generic medications can be helpful, but as the experience of 2014 shows, low generic costs are not a guarantee.
To reduce medication costs once and for all, consider a USA Rx pharmacy discount card. It will be there for you no matter how your medication needs might change in the future.
You can get started right away. Speak to one of our experts about your discount card today.