With so much controversy regarding Obamacare, you may be interested in our family's experience.
I am a retired engineer on Medicare, and my wife had long been insured by Cigna, under a group plan from my engineers' society. Because of minor pre-existing conditions, she could not leave that plan, because no other plan would insure her.
The Cigna premiums increased to $5,000 per quarter, or $20,000 per year, just for my wife. This year, Cigna canceled the entire plan, leaving her with no insurance.
So, we turned to Obamacare. She found it simple and easy to sign up through an agent in a 10-minute phone call. She obtained their best plan, providing much much better coverage than in the past, at a cost of $3,000 per quarter.
My wife would not have insurance coverage at all as of Jan. 1, if not for Obamacare. And, here's the kicker - we now are saving $8,000 per year, for a very much better plan.
I told this experience to a conservative friend. He said that's nice for us, but Obamacare is still bad because it is "big government telling us what to do, and fines us if we have no insurance."
I answered that if you found your neighbor lying in the street from a heart attack, would you call 911? Of course he would. We all would. And if that neighbor has no insurance, then insured citizens will ultimately pay his or her medical expenses through higher medical costs.
If we accept mandatory auto insurance, then why should mandatory health insurance be any less reasonable? Draw your own conclusion.
As for my family, we love Obamacare.