I hate paying for health insurance and I’m sure I’m not the only one who feels that way. Recently, I have been on a search for cheaper coverage.
Being that I’m young, healthy and I have my own individual health plan because my employer doesn’t offer any coverage, I was a bit optimistic about the Obamacare Healthcare Law that was going into effect in January of 2014. Although I liked the idea of helping those in need of insurance being able to get coverage I was worried about the change in insurance landscape.
My worries came to fruition once I saw the premiums and coverage my new plan would be offering. Besides the 50 percent increase in premiums, my deductible increased 40 percent, leaving me with worse coverage for more cost!
So I thought, what about the subsidy? The assistance is for those who earn 400 percent below the poverty level depending on household size. It just so happens that I make too much to qualify for a subsidy Off course, right? (Check if you qualify here)
It’s safe to say I am over this Obamacare, not that I was a fan to begin with. Read more