- Posted December 24, 2013 by
This iReport is part of an assignment:
Obamacare: Your story
Pay more for Insurance
I get the obligatory insurance from the Washington State site and found my new rate is higher -$103 higher. My rate is now 140% of the old and I still get a $6K deductible. How is that better for me?
To make matters worse I hear on NBC Nightly news that the president was quoted a rate of about $450. My % of annual income devoted to health care is 8% assuming I do not get sick. His % of annual income is .1%. How is this a fairer system?. The fine is 1% of income. If I get sick I am broke whether I am insured or not. At some point it does not matter if you owe a lot or a hell of a lot you are still broke. It would be better to take a chance and pay the fine rather than do the right thing and keep insurance