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Honeycombe8

(37,648 posts)
4. He said if premiums go down, deductibles would go up.
Thu May 4, 2017, 06:18 PM
May 2017

I'm not so sure that's true. Deductibles are already sky high, and seem to track premiums. If premiums go up, so do deductibles. And the reverse may be true.

In any case, even if premiums go down 10%, my premium is $958/month. I can't afford that, or 10% less than that, or 20% less than that.

My premium is that high only because of my age. I'm healthy as a horse and never in my life have turned in high claims. I take no medication and have no illnesses. The ins co just rakes in that money as pure profit. (I get a subsidy, w/o which I can't afford insurance).

The good news is, if I'm not penalized for not buying insurance, I can go for a while w/o insurance, pay for dr visits on my own, to get a checkup...and then get Medicare soon. Since I am healthy, I am still taking a risk, but not as great a risk as it could be, if I were plagued with health issues.

The downside is...the Republicans are going after Medicare and Social Security.

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