Only a fool would sign up for 0bamacare
I am a 51 year old small business owner. My wife is 49. We are both in good health, but my wife does take meds for high blood pressure.
We had individual health insurance. They have been “cancelled” with the option of being replaced with policies that have much higher deductibles, fewer benefits (that actually benefit us, since we don’t need maternity), and a much higher cost, just over double what we are paying now.
Our insurance agent is telling us that our only option is to go on “Obamacare.” There are currently only two major health insurance providers in the state and both are offering policies WAY out of our reach, but on the state exchange we will, with subsidies, be able to get insured for about 20% more than we are paying now.
These new policies have much higher deductibles and fewer benefits than our current policies, but at least we will be covered if anything catastrophic happens.
Do you know of a better option? I’d love to hear it.