Wow. How's that possible? Is it a like a negative copay where they pay you for each visit?
Have your health benefits/premiums changed with ACA?
- Thread starter besserheimerphat
- Start date
ACA has done nothing to lower the cost of heath care.
It is providing health ins to those that couldn't afford it before (maybe) at my expense. It is making it less affordable for those that could afford it before.
All ACA did was give the health industry a nice fat govt subsidy for the overpriced band aids you are charged for in hospitals.
It is providing health ins to those that couldn't afford it before (maybe) at my expense. It is making it less affordable for those that could afford it before.
All ACA did was give the health industry a nice fat govt subsidy for the overpriced band aids you are charged for in hospitals.
My premiums went up about 8%. My wife's premium actually went down but the copay for our second child's birth went from 500 to 2000. However this change has been in the works for awhile. On the plus side we paid less in copays for visits and my wife got a pump we didnt have to lay for. So really cost in the plan have just been shifted around a little.
All in all it hasnt had a huge impact on us. I do hope it gets more people coverd and therfore slows health care spending in the future but who really knows. Hopefully one of these days we get smart and devise a better system.
All in all it hasnt had a huge impact on us. I do hope it gets more people coverd and therfore slows health care spending in the future but who really knows. Hopefully one of these days we get smart and devise a better system.
That's actually not bad for covering six. That's how it works for the self employed.
I'm not self-employed so I'm completely ignorant as to how their insurance works, but why's it more for them?
Because they don't have an employer that bears some of the cost burden/gets massive group discount rates.
And that's part of what they say will be a benefit of the ACA.....people that have to buy their own insurance (i.e. farmers, other self-employeed) will get to be in a pool and their insurance rates will be less.
I know that my parents fought tooth and nail with their insurance company when they bought their own insurance over the rate that the medical facility would accept. Insurance would pay the hospital $1000 for a procedure, but it cost $2000 in cash, for example.
Right but I don't get my insurance through my employer either so I thought it might be something else about being self-employed. $350 a person for healthy people seems like a lot.
That's a good question. I haven't thought about it like that. I'm really only familiar with farmers as far as self employed people is concerned. Hey, maybe it has something to do with injury risk in farming. That could be part of it. I would be interested to see what yours is like compared to maybe a contractor and then a self employed CPA or something.
Great news
I get to keep my plan another year, and for this honor I am getting my second premium increase in the last 4 months. Now up to $270 per month. They claim this new increase is for new taxes and fees related to the health care bill. I wonder what all the other increases were for.
I just want to make sure that both yourself and 3TrueFans are reading your premium change correctly. I, too, have BC/BS and just received my premium increase in the mail which was 8% (normally anywhere from 10 -22%), but this is NOT MY YEARLY RATE INCREASE notification. If you look closely, at least on mine, it explains that this rate is the result of TWO REQUIRED ACA FEES.
"Transitional Reinsurance Fee is to help stabilize the cost of premiums in the individual market during the first three years the Health Insurance Market is in effect. Annual Health Insurer Fee is to help reforms made according to the ACA. These fees are a percentage of your premium and are required to be paid by all non-granfathered and grandfathered members."
So....they are going to charge you a "fee" to keep your costs lower. Who here went to a school where that makes sense? Look closely to your notification....I would assume that since we all received a premium notification at the same time and you were shocked it was only 4-5%, that's just another TAX not your yearly rate increase.
