Even without Obamacare, you wouldn’t be able to keep your insurance for long, companies are simply getting priced out. Once you’re not part of a corporate, no questions ask coverage, your ability to carry coverage is highly dispersed. You end up with a lot of exclusions and basically catastrophic coverage that still costs a sizeable amount and you basically front the first $10,000. And that’s just for you. You need to carry a separate plan for your family.
And there isn’t a fix for insurance. Anything that limits their ability to exclude people, would actually result in higher increases than the obamacare plans. At least on the Obamacare, they know they’re getting to spread it across some of the healthy people.
Take a good look at what your company plan is really costing a month for the company to provide.[/quote]
I’ve mentioned it before as well. This is sorta like getting a mortgage or buying a home as a self employed person during the crash in 08-10. It doesn’t matter what my financials were, if it wasn’t a loan they could sell to fannie/freddie, you were completely locked out. I remember telling the mortgage guy what down payment I needed. 50%? 75& 99% They didn’t care since it didn’t fit in their system so they can’t do it no matter how much cash, etc. you were coming in with.
They simply don’t offer certain policies or sometimes, any policies when I searched (eg: Maternity) and that’s sad…or it was extremely crappy of a policy.
Companies are also getting fleeced if you see how much COBRA is when you switch jobs. I think that’s what your company pays for you actually.
So has anyone actually signed up for Obamacare? I’m sorta waiting till they work out the bugs, but I’m going to be calling to cancel my family policies soon…
