After being dropped from their current policy because of the Affordable Care Act, Dean Griffin and his wife were shocked to discover that the other “comparable” insurance policies available to them were way more expensive, with a much higher deductible.
Dean, 64, says, “We’re buying insurance that we will never use and can’t possibly ever benefit from. We’re basically passing on a benefit to other people who are not otherwise able to buy basic insurance.”
Millions of people are in a similar situation, since the new law requires more comprehensive coverage in areas such as maternity and mental health care, which many people may not want or need. It’s estimated that about 14 million people are in the same boat after being dropped from their individual policies, leaving many to rely on state exchanges to find new coverage. Many may also have to find new doctors, since the new plan may not cover their current doctors.
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