After His Health Plan Was Canceled, The Cheapest Option Under Obamacare Was Anything but Cheap
Marguerite Bowling /
Despite assurances from his insurance broker, and even the President, that it wouldn’t happen, John Hawkins recently learned his health plan has become another casualty of Obamacare.
Hawkins is one of more than 3.5 million Americans (and increasing) who have had their individual health plans canceled because those plans don’t comply with the stringent mandates in the health law.
Once his plan was canceled, Hawkins found that the cheapest comparable plan that met the essential benefits from Obamacare would involve a “substantial price increase.”
Currently, I pay $191 per month. That will go up to $274. That’s nearly $1,000 a year more for a service that I already have. In addition, the deductible on my current plan is $200 and that will be going up to $6,000.
In spite of his setback, Hawkins writes he feels lucky the insurance fallout isn’t as bad as some insurance holders have reported.
>>> Do you have an insurance cancellation story? Tell us your story here.
Each day, Hawkins notes, it becomes clearer that Obamacare isn’t going to work. “Tens of millions of Americans are losing their insurance, paying more out of pocket, and being forced to buy plans they never wanted in the first place.”
The good news is that Americans like Hawkins don’t have to go back to the broken health care system of the past.
