Prior to the ACA my health insurance was 370.00 a month. My wife’s premium was 350.00. We are both self employed. As of January 1, 2017 my premium will be $854.00. My wife’s premium will be $989.00. My plan is grandfathered. If I attempted to buy this policy with a $1000.00 deductible on the exchange it would run me $1400 plus. As a grandfathered plan I couldn’t add my wife to it. The ACA was supposed to reduce cost and encourage competition. Well I can’t afford this cost control. And I now only have one insurer I can buy from. By the way I am 59 and my wife is 58. The reason I share that is because my wife had to purchase her plan on the exchange. As such her plan had to have maternity benefits. I am had a loss as to why a 58 year old post menopausal woman needs maternity benefits. This past election became a one issue referendum to us.
Premium Before Obamacare: 720.00
Premium After Obamacare: 18001.00