Tag: health insurance

The Affordable Care Act, a.k.a. Obamacare, distilled in two quotes

First, this

If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.

– President Barack Obama, June 15, 2009

And now, the introductory paragraph from a letter I just received…

Changes from health care reform (also called the Affordable Care Act or ACA) continue to take effect in 2014. To meet the requirements of the new laws, your current plan can no longer be continued beyond your 2014 renewal date.

– My soon-to-be-former insurance provider, September 10, 2013

I liked my plan. It worked for me. I’m not permanently parked on a sofa, nor do do I eat McDonalds eight days a week. I’ve had some bumps and bruises (and broken bones), but have gone to great lengths to make sure they do not bother me. The insurance I purchased actually worked for my provider too – the premiums were pure profit for them. Not a claim, prescription, or checkup – felt no need, even though much was provided for free (or nearly so) – in over nine years. And I didn’t care either, because I was getting peace of mind in return.

All for naught. I’ve now seen, front and center, what’s in the law, and I cannot say I am particularly impressed.

MG signing off (doubting I’m alone here either)

Buying in to high health care costs

As of late, I have heard a lot of independent folks (you know, the ones working for themselves, hustling for their next mortgage payment, but not having to answer to “the man”) talking about heading back into the corporate world. The reason: health insurance. They say their individual and family policy premiums are just getting out of hand. Unfortunately, going to work for someone else may not be the answer, as rising premiums are threatening job-based coverage too.