Post COBRA purchased an individual plan for 2014 at a reasonable rate. (No preexisting conditions.) The new ACA compliant plan is about 300% higher. They said they do not offer any non-compliant plans. I understand there are only a couple of holes in the law. 1. Specific disease / malady insurance you can buy. Cheap but risky i.e. if you buy heart disease ins. and have gall bladder problems you’re not covered. 2. Short Term insurance – This I did purchase. It’s not great, coverage is only for 6 months and renewal is not guaranteed. There is no coverage for immunizations, and other important exclusions but it covers most of what I want. Provider is HCC. (Find on e-health insurance dot com.)
Note: Supposedly short term insurance is there for temporarily unemployed or a bridge to medicare. Both apply to me but I cannot imagine if, for example, you’re 50 and you’ve got 15 years to medicare that would be tough to bridge. Also, I’m single if you have a typical family of 4 I cannot see how you could afford a 300% increase in premium.
Subsidies- I don’t want, need nor feel I should be forced to receive a subsidy for something that should be affordable in a free market. Pray the powers that be trash, delete, repeal or whatever it takes to rid us of the not so Affordable Care Act!
Premium Before Obamacare: 1920.00
Premium After Obamacare: 7200.00