Thanks for this question – I was also wondering. My mom keeps telling me that people in her doctor’s office are bellyaching about losing their insurance since Obamacare, and I couldn’t imagine why, since everyone I know, plus myself, just kept the insurance we had.
Then it dawned on me. About a year ago, I was trying to find a private plan for my 18 year old granddaughter that my daughter could afford. I found some plans for about $120 a month, but when I checked to see what they covered, I was surprised to find that they didn’t cover a thing. Maybe if she was in a terrible accident and ran up about a million dollars in hospital bills, then it would be worth it, but otherwise she might as well have had no insurance at all.
So, those who lost their insurance because it was a scam to begin with, thank you lucky stars instead of crying about it. If you want to give your money away for nothing, buy lottery tickets. Then at least you have a slim chance of getting your money’s worth.