I am a self-employed male over 55 years of age. My health insurance consists of an HSA with a high deductible and out-of-pocket maximum to match; with 100% coverage after deductible/out-of-pocket is satisfied. I choose this type of healthcare because I believe insurance should be utilized to cover catastrophic events, while I remain personally responsible for deductibles. My insurance company has recently informed me that “changes in healthcare laws will affect the cost of your health insurance and the type of coverage you receive.” The changes that have been forced on me (apparently because I do not know what is best for myself) are truly contemptible. My premium has increased 41%. Although my deductible has decreased 33% and my out-of-pocket maximum has decreased 24%, my plan has been changed from 100% coverage to 80% coverage. Additionally, I have been coerced to add coverages I neither need, nor desire. Among these mandated items are maternity, newborn care, mental health, substance abuse, and pediatric vision. President Obama said, “If you like your current insurance, you can keep it.” He also said that average annual premiums for families would decrease by $2500.00. As is obvious from my situation, neither of those contentions is remotely accurate. I simply want to maintain my current plan, and be allowed to make my own decisions. I will be exploring other options to include abandoning all health insurance.
Premium Before Obamacare:
Premium After Obamacare: