Mark this as another Affordable Care Act fix I do not understand. Politics makes for strange bedfellows. As the “perfect” insurance customer the Affordable Care Act needs people like me to participate in the exchanges to make them sustainable. As a 60 year old gym rat I pay about three times more to the exchange than a millennial. Don’t get me wrong if we are not going to repeal the foolish thing then this is the next best solution. On the other hand I am the most likely prospect to go the uninsured route. Once again here are my reasons.

1. My health care costs excluding insurance premiums over the last five years amounted to about 7% of my total health care bill. With health care costs this low I have not made a claim on my health insurance plan.
2. When I compare my PPO plan with the narrow market HMO plans on the exchange I prefer my old plan. At this time it costs almost as much as the lowest cost bronze plan with the subsidy but has a lower deductible and out of pocket cost. For most major medical situations I am financially better off with the old plan.

Here is what the Yahoo article, Obama Said to Allow Two-Year Renewal for Old Health Plans, said.

Americans who kept health plans that don’t comply with Obamacare requirements will be able to renew those policies for two more years, according to a person familiar with the matter.

The Obama administration, which has been deliberating the issue since November, is expected to announce today the extension of the health plans, said the person, who asked not to be identified because the decision wasn’t yet public.