True story: I’m self-employed, so for several years we’ve been paying out of pocket for a family health insurance plan (me, my wife, my son) from Independence Blue Cross here in Pennsylvania. We have no group to join, no company plan; we effectively buy health insurance at retail cost. Our rates have steadily increased every year, to the point where as of today, we’ve been paying $1500 a month to cover the three of us, for a plan with good coverage (by U.S. standards) and a $500 deductible.
A few months ago, we got one of those controversial notices that our current plan was being cancelled because it wasn’t compliant with the Affordable Care Act, so we’d have to find a new plan before January. My wife went online, to Healthcare.gov, found a new plan from our same insurer with as good or better coverage — equivalent prescription coverage, same network of doctors and hospitals, same $500 deductible — and our new bill, starting next month, will be $1050 per month. No subsidies or anything like that. We’re just saving over $5000 per year, thanks to Obamacare.
★ Tuesday, 17 December 2013