...in the past, I spent several days looking for and comparing insurance options. Under ObamaCare, even with the slow and sticky website, I spent a total of four hours — to save over $5,400. That kind of return on investment would make Warren Buffett drool.
Counter to wild stories about the government taking over health care, the exchange was simply a public portal to a range of all-private insurance options. I went with a “gold” plan for lower deductible and out-of-pocket costs. And I chose Blue Cross Blue Shield because my current primary doctor is in-network.
But one of the most exciting things is the new companies providing private insurance through the exchange; I’ll be watching the reviews over the next year and might change plans when re-enrollment comes around.
As of October 20, the Associated Press reported that 476,000 Americans had filled out insurance applications through the federal and state exchanges. Not bad, considering the poor performance of the sign-up websites.
But it’s only been 20 days since the exchanges launched, and folks have 60 more days (through December 15) to sign up for coverage to take effect on January 1, 2014. And people have 60 days after that (February 15) before the individual mandate penalty kicks in.
In other words, there’s still plenty of time to fix the websites and for more Americans to enroll — and save. Meanwhile, we know that in a state like Oregon, ObamaCare has already reduced the number of uninsured individuals by 10%. Glitches aside, that’s a great start.
We’ve suffered through four years of outlandish attacks against ObamaCare -- that it will kill our grandmothers, or at least just kill our economy. But the fact is that ObamaCare has created a private marketplace so that millions of American families like mine can get affordable, quality health insurance while keeping more of our hard-earned money.
Ideologues may not like ObamaCare, but my wallet and my family’s health sure do.
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