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.

  @Luhby - Last updated December 30 2013 10:53 AM ET
Join the Conversation
More on Obamacare
obamacare deadline 23

Many people rush to sign up for Obamacare ahead of deadline for Jan. 1 coverage. Both state and federal exchanges see the surge.

Overnight Avg Rate Latest Change Last Week
30 yr fixed4.32%4.26%
15 yr fixed3.36%3.27%
5/1 ARM3.37%3.27%
30 yr refi4.31%4.24%
15 yr refi3.34%3.25%
View rates in your area
 
Find personalized rates:
Rate data provided
by Bankrate.com
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.