I signed up for Obamacare!

Many Americans are thrilled that their Obamacare insurance plans kick in on Jan. 1.

It's about time

karen farrar obamacare
  • Name: Karen Farrar, 60
  • Residence: Naples, Fla.
  • Job: Administrative assistant

I'm uninsurable because of pre-existing conditions: osteoporosis, high-blood pressure, which I've had for 30 years, and asthma.

My husband is self-employed and I work for him. We were uninsured for quite a long time. We had insurance people in our house giving us quotes, but as soon as I started going down the list of what the problems were, they said "oh...oh...no."

In Oct. 2012, I was enrolled in PCIP [the transitional Pre-Existing Condition Insurance Plan that was created by the Affordable Care Act]. Previously, I had very limited coverage through the state of Florida.

The PCIP program is ending. My husband signed us up for Obamacare. He got through, no problems. There were a lot of choices. I was happy to see that.

The premium will be about $1,000 a month for the two of us. The new insurance will have a lower deductible and better coverage. The co-pays are lower.

Having insurance means a lot to me. Because of the osteoporosis and asthma, I always end up in the doctor's office. Medication is expensive. When I was buying it outright, just the asthma medication was costing $400 a month. I stopped using it. I just started not breathing very well. I didn't have any options.

All around, I think Obamacare is a great thing.

- Last updated December 30 2013 10:53 AM ET
Join the Conversation
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.29%4.30%
15 yr fixed3.23%3.29%
5/1 ARM3.33%3.45%
30 yr refi4.26%4.27%
15 yr refi3.20%3.26%
View rates in your area
 
Find personalized rates:
Rate data provided
by Bankrate.com