I run a successful small business, so I do not have employer-subsidized health insurance. Due to common pre-existing conditions for a man my age, I have been denied health insurance by major providers.
Thanks to the 2007 N.C. General Assembly, I was able to purchase a policy from the N.C. Health Insurance Risk Pool, also known as Inclusive Health. This policy was not cheap and had a pretty stiff deductible and out-of-pocket amount. To say they made a profit on me is an understatement, but I am thankful for this program. My only alternative was to join the ranks of the uninsured.
Under Obamacare, I was able to choose from several providers, many policies and prices. I am not limited to a single state-run program. The policy I picked has a lower deductible and out-of-pocket limit. I do not qualify for a subsidy. I pay full fare for a “Silver” policy, which costs less than my current policy.
While Obamacare is far from perfect, do I think it is an improvement over the previous “do nothing” solution to the health insurance problem? Absolutely. Am I prepared for an increase next year? Absolutely. That is a reality of health insurance and a result of other problems that politicians choose to ignore while we pay the price.