So everyone is always horrified hearing about my $250 deductible $1532/month COBRA payment that I pay for my spouse and I.
I received a package today outlining price increases effective Jan 1, 2014.
I'll be upgrading to a family plan (because we will have a baby by then), and the monthly rate will be $2,999.00/month with a $750 deductible.
That is $36,000 a year! plus my co-pays and deductible. No dental.
That is more money than I even earned at my old employer in a year.
Why is the rate doubling?! Husband says its Obamacare but has no explanation for how he is impacting this.
I am just totally frustrated and sad.
I know I'll be looking for a job with benefits prior to Jan 1, and I hope to sign up for Obamacare (but have not figured out where the website is), but this being a last resort is really no resort at all.
Do babies REALLY need healthcare? If they are born healthy? I imagine vaccines are cheaper to pay for than this monthly rate and husband and I can go without for a few months until I get a job with benefits.
** update** OK- I just called another company. A compare different company rates person. She said that there is a healthcare company called Assurance that has rates effective Jan 1 ranging $700-$1000 /month. The best package for $1000/month has dental, $0 deductible, covers name brand prescriptions. She said she is calling me in December to get me signed up for Jan 1. If I sign up prior then I have to go through underwriting and husband with all his preexisting conditions might be difficult to push through. But come Jan 1 it will get approved automatically.
I told husband to contact his Doctors to see if they take that health insurance. I'll check to see if the pediatrician takes it. I feel much relieved.
Holy *!$!* Health Insurance Increases!** Updated
October 22nd, 2013 at 11:16 pm
October 22nd, 2013 at 11:19 pm 1382483984
Use Internet Explorer or Chrome. Yes, babies need health insurance, but your rate is super high. See if the Affordable Care Act (Obamacare) can do better.
October 22nd, 2013 at 11:23 pm 1382484220
October 22nd, 2013 at 11:35 pm 1382484950
October 22nd, 2013 at 11:52 pm 1382485956
For reference, we pay $900/month for our entire family (A+ insurance, but with a $3,000 annual deductible/out-of-pocket). We can't afford the more "full coverage" plans, but this is more than ample for our needs. When we got the insurance several years ago we *never* went to the Doctor. Since then we have had several emergency room visits, major health problems, and surgeries. I was avoiding more "catastrophic type insurance" just due to fear of something as simple as a car accident. I think my employer's insurance has some like ridiculous $20,000 deductible. We'd be bankrupt with our run of luck in recent years. But, just to say there is plenty of "in between" insurance. You don't have to have a Cadillac plan, and you don't have to go without insurance. Lots of options in between.
October 22nd, 2013 at 11:57 pm 1382486276
October 23rd, 2013 at 12:00 am 1382486452
If you are Costco members, be sure to include them on your list of places to comparison-shop for health insurance. http://www.costcoquote.com
October 23rd, 2013 at 12:57 am 1382489879
October 23rd, 2013 at 01:02 pm 1382533368
October 23rd, 2013 at 08:29 pm 1382560144
October 23rd, 2013 at 08:31 pm 1382560260
Our insurance broker made a very handy spreadsheet so we could compare options. Save yourself a ton by NOT getting a $0 deductible policy. In most cases you spend more in premiums than you would just paying a *possible* deductible.
Also remember with ObamaCare all preventative care is 100% covered!
Here is my post where I showed the spreadsheet of cost comparison.
http://lookingforward.savingadvice.com/2013/05/02/good-way-t...
October 23rd, 2013 at 09:50 pm 1382565057