How Will Obamacare Affect Me If I Already Have Health Insurance?


*NOTE-  A new update has developed in the rollout of this law that may allow you to keep your old “noncompliant” plans.  Click here for more information.


Since you already have insurance, you’re probably a bit confused on whether your current insurance will be affected by these new health care changes.

Here are the ways your current health insurance *may* be affected.

Your current health insurance plan may be discontinued-  After April 1, 2014, some plans will by discontinued by health insurance companies.  Some plans may be “grandfathered” in.  Everyone’s situation is different.  Your current plan may not meet the requirements of Obamacare (the Affordable Care Act).  If that is the case, your health insurance provider will be forced to drop that plan and point you towards plans that do meet the requirements of the new law.  This is the same whether you purchase health insurance on your own or get it from your employer.

Whether or not your current plan is discontinued, you should know that there may be some unique advantages for you to drop your existing plan and shop for a new one in the Oregon exchange, “Cover Oregon” (which opened for business October 1, 2013).  For one, you may be eligible for federal subsidies (financial assistance) to help you pay the cost of your premiums. To see an estimate of the federal subsidies you may be eligible for, be sure to check out our calculator.

Your current health insurance premiums may increase -  The overall impact of the new changes on insurance rates, or premiums, is difficult to determine. The primary purpose of Obamacare (the Affordable Care Act) is to make health insurance more accessible and affordable for all.  The Oregon exchange, “Cover Oregon”, was created with the intention that health insurance companies would compete and be forced to lower their premiums.  However, it depends on the specifics of your situation.  You can now visit Cover Oregon’s site and browse what plans are available, how much they cost and determine the amount of financial assistance that you may be eligible for.  Click here to check out our video walkthrough to see how to find out all of that info on Cover Oregon’s site. 

2 Responses to “Already Have Health Insurance”

  1. Richard Woods

    There is no way in hell I will subscribe to that socialist’s plan. You can take your government insurance and stick it where the sun don’t. NO ONE TELLS WHAT KIND OF HEALTH INSURANCE TO HAVE. NO ONE. Are we clear on this?

    • atrio

      Hey Richard, thanks for the comment! We hear tons of comments on these new health care laws on both sides of it. Tons of people frustrate as heck… and lots who are hoping these changes will make things better for you. For sure there are things many of us don’t like about the changes… but the thing is, no matter what side of the fence you’re on… they’re going to happen (at least as of now) and we all need to prepare for them.

      We’re not a government agency, not funded by a government agency… we’re a private group of community leaders based in rural Oregon just helping to clear up the confusion around these changes so people like you and me aren’t going into Obamacare blind.


Leave a Reply