General Discussion
In reply to the discussion: Health Insurance Rate Shock-California Obamacare Insurance Exchange Announces Premium Rates [View all]hunter
(38,310 posts)We ran out a COBRA to the bitter end, and my wife had to sign up for the state 'high risk" insurance pool which was oversubscribed. It took several months before she was accepted.
The incomplete high deductible insurance we get now through her work costs more than our mortgage, and there have been several bad years with medical problems that wiped out our savings and destroyed our credit rating.
This was all the consequence of random stuff falling out of the sky that could have happened to anyone.
As far as I can tell, insurance companies do everything they can to shed customers who become expensive.
The U.S. ought to have a national health care system like actual first world nations. Maybe this is an evolutionary step in the right direction, although I tend to think it was a Hail Mary pass to prevent the collapse of the existing health care industry.