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by philip964
Fri Oct 04, 2013 10:44 pm
Forum: Off-Topic
Topic: Just Lost My Insurance
Replies: 122
Views: 20866

Re: Just Lost My Insurance

I will weigh in. My insurance agent called with two choices. Change the anniversary date of my policy and pay a $100 more a month for my and my wife's health insurance coverage. Or leave the current anniversary date, which will cross into Obamacare requirements and pay $500 more a month. If nothing changes between now and the new anniversary date I would owe the increase starting then, but not now. Saving the $400 increase until then. If Obamacare is revised before then, it would be back to normal. Seemed a no brainer.

So in my case Obamacare's new requirements on my current insurance increased my premium by $400 a month $4,800 per year.

I'm older so I may be higher than most.
by philip964
Sat Sep 21, 2013 9:26 am
Forum: Off-Topic
Topic: Just Lost My Insurance
Replies: 122
Views: 20866

Re: Just Lost My Insurance

There is no free lunch. Some people still believe there is. Obamacare is an offer of free lunch.

There is a real need for some sort of affordable insurance for people who are denied insurance due to a pre-existing condition, I have several friends who are in this situation. They are ardent Obamacare supporters, and who would blame them.

But to turn the health care industry upside down to help these few people seems a big mistake.

I suspect we will in ten years be in a British system with two levels of health care public and private. The working class will pay a big part of their salary to support a public health care system for the non working poor. It will be so bad that they will pay again for private insurance, so that if they get sick they can go to the private system.

The public system will use waiting times for treatment to ration care, just like our friends in Canada. It will be filled with incompetence and poor care, just like the British system.

Next month will be the beginning of the brave new world.

I hope it works out better than I am imagining.

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