- Posted September 27, 2013 by
Fort Mill, South Carolina
This iReport is part of an assignment:
Obamacare: Your story
New Health Insurance up 500 percent !
Three years ago we reduced our health insurance to catastrophic only with a very high deductible as the costs became unaffordable as we have been unemployed for 5 years, lost an entire lifetime of holding due to the economy, and have aged out of getting jobs. We were just notified that our plan is being cancelled due to the Affordable Care Act and a comparable plan will now be 500 percent more every month. That is 500 percent! I simply do not understand how we can be forced to buy insurance costing almost $1200 per month when our monthly income is $1510. That is 80 percent of my social security monthly going to to buy insurance. There is nothing left to live on!
Fine me , take me to jail, there is nothing I can do about it!
This does not feel very affordable to me!