I’m not arguing that the individual market pre-Obamacare was perfect. I’m saying that it’s pretty disingenuous to claim that my relatives are doing something bad by taking an Obamacare policy when there are no longer any other realistic options for them. The individual market for pre-Medicare age IS Obamacare these days.
Sure, they’re saving a lot of money from the Obamacare subsidies. Maybe he would have had to work until age 41 or 42 instead of 40 to save up enough to cover the insurance premiums that they’re not currently paying. Maybe they retired with only $2 million instead of $2.5 million because of Obamacare … I’m not exactly certain.