I was dropped from my wife’s insurance which I had been on for 10 years or more. They just came out and told us that all spouses would be dropped because of Obamacare. I had to get insurance through my company which added about $340 to our cost of insurance. Our premiums went up about […]
Obamacare forced me out of my home
Obamacare helped me in no way. I had to leave my apartment and move back in with my parents after the new health care reform took a toll on my job. I was once able to work 39 hours a week as a part time employee and i was comfortable with what i could afford. […]
Obama Care no longer allows good experience to hold down cost.
Under Obama Care, no longer can insurance companies price their policies based on prior experience. Like the old goal of Communism, everybody pays the same, whether they strive to be healthy, or smoke 3 packs a day and overeat to the point they are obese. Our 32 employees have tended to be healthy with one […]
48% increase in premium after Obamacare
Got some bad news today. We received correspondence from our company’s health insurance broker explaining what we are facing with the ACA after January 1, 2014. This will be a hard pill to swallow: “…your current risk factor rating with [Insurance Company] is .80, on a scale of .75 to 1.25. When January 1st rolls […]
Affordable Care Act Transition Fee
I have employer group insurance. I found this out today. · Affordable Care Act Transition Reinsurance Fee (payable to the Department of Health and Human Services). This new fee will apply to all employees and their dependents who will be enrolled in medical coverage. The fee applies for 2014, 2015 and 2016, although it reduces […]
Decreased my insurance costs
I was able to receive health care at a reasonable cost for the first time in my life. I am a small business owner with one employee. We were not able to have health insurance until this. Looking at the sites, I will easily be able to supply not only myself, but my employee with […]
No copays, but higher deductible before insurance pays anything
The prescription I need each month will cost me $150 instead of $50.
30% increase. in premium. and 50% increas. in copay
25 year salaried employee my rates go up with no claims while the hourly unionized. Employees continue to get their Cadillac plan for Free and were given a exemption from President Obama, as a apparent payback for Union political support.
Insuring 25 employees with the same plan, price rose 29%
The cost of medical insurance on 25 employees rose 29% starting January 1. The company can no longer afford regular healthcare.
From low risk group insurance to “pooled” risk group insurance
Our company has less than 50 employees and we have offered health insurance since the company began. We are rated the lowest risk and receive the lowest cost for our high deductible coverage. Now we will be pooled with everyone else and our premiums will go up between 35 and 50%. We haven’t seen the […]
Grandfathered Plan no longer available
Small employer with grandfathered plan that carrier will no longer offer in 2014. Forced to select a bronze level plan and pass at least half of the 24% increase to my 14 employees who haven’t had a raise since 2008. The state department of insurance refuses to allow my carrier to offer my plan for […]