What are your thoughts on Obamacare?
Manahawkin, New Jersey
August 9, 2016 8:24am CST
My husband and I are considering Obamacare for 2017. I have been doing some research and it seems like many people are happy with the monthly costs but not the extremely high deductibles. One person informed me that their deductible was $12,000 per year. I know it's better than not having any medical insurance at all. If you have stayed at a hospital for a night you probably understand. Do you have Obamacare? Are you happy with it?
3 people like this
• United States
I know someone's monthly payment went from $100 per moth to $689 per month in a two year period. The rates don't stay low long. I don't have it and I think its wrong for a government to make its citizens purchase anything. Just my opinion. Good luck in what you decide is best for you and your family. Have a blessed evening
1 person likes this
• United States
I do not have Obamacare insurance thru the marketplace. I have thought about looking to see if there are better rates elsewhere. However I will say since this programs implimentation it has driven the cost of our insurance up $280 a month during the past 2 years!!!! We are trying to pay off bills, our insurance increases, our income does not, and we aren't getting ahead at all. The changes are costing my family, our retirement, our everything!!!
Deductible of $12000 is very high. However, I think if you buy a personal accident insurance, and a term critical illness insurance, you will have the money to pay for hospitalization and medical cost that is less than $12000. Personal accident allows you to claim for many small expenses, such as a simple fall that does not break any bone but cause bruises or when fish bone gets stuck in the throat, and you have to get the doctor to pull it out. Term critical illness insurance is for major illnesses, such as stroke, cancer and heart disease. Nearly all who stay in hospitals and incur large hospital bills are for accidents or critical illness.