How much is your insurance going up?
10-17-2013, 12:04 PM
#1
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How much is your insurance going up?
Just got out of our annual benefits meeting, appears as if I want to keep my current plan (which is already a CDHP with a high-deductible and a separate HSA), it's going up ONLY 20%!
They have created a new CDHP plan that doubles my deductibles and out-of-pocket maximums ($2700/5400 to $5000/$10000), that is roughly 33% of the cost of my current plan, I'll likely take that option since I'm 31 and the wife is 28.
They have created a new CDHP plan that doubles my deductibles and out-of-pocket maximums ($2700/5400 to $5000/$10000), that is roughly 33% of the cost of my current plan, I'll likely take that option since I'm 31 and the wife is 28.
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10-17-2013, 12:30 PM
#3
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Actually at my current job my insurance didn't go up this year vs last, but at my previous job our raises were so low that every year for 3 I took home less money because the raise wouldn't cover the increase in healthcare...........let along any real measure of inflation.
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10-17-2013, 12:57 PM
#4
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Actually at my current job my insurance didn't go up this year vs last, but at my previous job our raises were so low that every year for 3 I took home less money because the raise wouldn't cover the increase in healthcare...........let along any real measure of inflation.
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10-17-2013, 01:43 PM
#7
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Just got out of our annual benefits meeting, appears as if I want to keep my current plan (which is already a CDHP with a high-deductible and a separate HSA), it's going up ONLY 20%!
They have created a new CDHP plan that doubles my deductibles and out-of-pocket maximums ($2700/5400 to $5000/$10000), that is roughly 33% of the cost of my current plan, I'll likely take that option since I'm 31 and the wife is 28.
They have created a new CDHP plan that doubles my deductibles and out-of-pocket maximums ($2700/5400 to $5000/$10000), that is roughly 33% of the cost of my current plan, I'll likely take that option since I'm 31 and the wife is 28.
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10-17-2013, 02:09 PM
#9
My fiance's insurance was about $200/month for the past year. Starting next month, for the same plan, she'll be paying $500/month!!! I'm so glad the affordable care act made care so much more affordable.
I'm Active Duty military, wedding is scheduled about 14 months from now. Because of the Affordable care act, we're now planning to do a court marriage in about a month. It doesn't make financial sense to pay $500/month for private insurance when health insurance for military dependants is....well, paid for by you all.
I'm Active Duty military, wedding is scheduled about 14 months from now. Because of the Affordable care act, we're now planning to do a court marriage in about a month. It doesn't make financial sense to pay $500/month for private insurance when health insurance for military dependants is....well, paid for by you all.
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10-17-2013, 02:16 PM
#11
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I was just helping someone who is a state employee with their benefits. Health insurance through HMO or PPO was $50/month.
The tradeoff is this person makes about what a new elementary school teacher makes, but this person has to work 16 hour shifts and deal with murderers, felons, and the criminally insane.
So, you know... Tradeoffs.
The tradeoff is this person makes about what a new elementary school teacher makes, but this person has to work 16 hour shifts and deal with murderers, felons, and the criminally insane.
So, you know... Tradeoffs.
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10-17-2013, 04:50 PM
#17
My personal portion of my premiums that i'm responsible for are going up by a touch over 250%.
And my employer contributions to my HRA are being cut in half. Deductible and OOP max are staying constant.
Basically.... i just took a good $4k-$6k pay cut starting January 1st. You know... Affordable Care Act or whatever.
And my employer contributions to my HRA are being cut in half. Deductible and OOP max are staying constant.
Basically.... i just took a good $4k-$6k pay cut starting January 1st. You know... Affordable Care Act or whatever.
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10-17-2013, 05:46 PM
#18
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The irony is that, if you didn't have employer sponsored insurance available, some of you might be able to get health insurance cheaper through the exchanges.
If those exchanges were operational, that is.
If those exchanges were operational, that is.
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10-17-2013, 06:12 PM
#20
My health insurance is $58 a month.
Annual Deductible $3,250
Annual Out-of-pocket Maximum $5,250
pay for everything up to the deductible then the insurance steps in for 100% of costs. I am a 23 year old male so this fits my current needs. (i.e. keeps me from going bankrupt in the event of a major health problem other than cancer.)
Not sure how this stacks up to others in a comparable situation.
Annual Deductible $3,250
Annual Out-of-pocket Maximum $5,250
pay for everything up to the deductible then the insurance steps in for 100% of costs. I am a 23 year old male so this fits my current needs. (i.e. keeps me from going bankrupt in the event of a major health problem other than cancer.)
Not sure how this stacks up to others in a comparable situation.
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