Nothing affordable about the Affordable Care Act

I have Individual Blue from Blue Cross Blue Shield. It’s a health insurance plan for the self-employed and is a no frills, high deductible, catastrophic, “oh fuck I just lost my left leg” kind of thing.

Why do I have it? Because in 2008 I ventured out on my own as a freelancer, and this plan covered my entire family for a mere $297 per month.

This plan was lucky enough to be “grandfathered in” under the Affordable Care Act. Quite honestly, it’s terrible insurance. I pay out the ass for co-pays, prescriptions, and had to pony up $2,000 (out of pocket) so Tara could give birth to Chloe – BUT HEY! IT’S HALF THE PRICE OF ANYTHING ELSE!

Three things have changed in the last 6 years:

  1. Added dental in 2010
  2. Added a dependent in 2014 (Chloe)
  3. My premium has risen from $297 -> $615

Why?

Why has my coverage remained the same, but my premium more than doubled in just SIX YEARS!? The inflation rate in this time span is 8.2%. But my insurance premium has risen 55%? Can someone help me understand how this is fair? Dave Ramsey says it’s basic math:

This is simply not sustainable! Furthermore it’s now ILLEGAL to NOT have this. It’s fucking extortion really.

I fear the day Blue Cross Blue Shield drops our plan – and we have to actually go buy insurance on the marketplace. God help us all.

Author: Greg Rickaby

Greg is Lead Front-End Developer at WebDevStudios and author of a children's book titled, Creating a Website: Design and Build Your First Site!.

2 thoughts on “Nothing affordable about the Affordable Care Act”

  1. My aunt has been a health insurance agent for years. She tells me that less people are now insured, and less people are able to get insurance, and the process is significantly more difficult……Yay “progress”

  2. So it’s January 2016, and how about deductibles of $6,000+. Forget losing a leg. If you take a specialty drug, oh, say an immuno-suppressant that keeps you alive, you could pay $1,000 a month just for drugs, and the co-pay doesn’t count towards the deductible. Yeah, that’s a enough to say fuck.

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