General Discussion
In reply to the discussion: I supported the ACA, but my policy that I like is being cancelled because of it. [View all]Sancho
(9,067 posts)so I don't get your response. ACA subsidies are based on INCOME. If your husband is on medicare, even if you are working then you would qualify if your income is low. If your income is high, then a few hundred a month shouldn't be a problem for a policy that would be useful for an older person who could need medical care. Why do assets matter?? They don't affect subsidies.
Older people (as you suggest) have medicare!!! Your ACA policy subsidies the older person by getting the younger healthy ones to sign up!!!
If you had an old policy, it was either worthless (with large deductibles, caps and limits, exclusions, etc.) and you were paying cheaply for something that wouldn't help you anyway...and the company can grandfather in an old policy if they want to.
I suspect people are getting lots of bad information talking to insurance agents and companies, and not really exploring the ACA.
I've heard some rural areas don't have much competition with ACA, but even those rates seem lower to me for the coverage you get.