Premiums are low because deductibles are 12000
We currently have insurance through hubby’s job, but in 2013 we didn’t for 9 months when he was terminated from his previous job. I looked up Obamacare rates at the time and in Pinal County in Arizona we had 70 plans to choose from with the typical premium of $850/month with about a $12,000 deductible. We were 60 then, nonsmokers, making over $62,500 a year, so no subsidy.
Fast forward to yesterday when I checked the rates for 2017. We now have 4 plans to choose from with premiums ranging from $1850 to $3250. Deductibles are $13,000 with the exception of the most expensive plan which only has a $2000 deductible. Nothing has changed in our situation except now we’re 63.
On what planet is this affordable....for either the middle class or our country?