Health insurance costs. What is yours doing?

[SlugSlinger]

My employer provided rates were announced today. My dental, vision and health insurance costs are remaining the same as 2013. The benefits, copays and deductibles are staying the same too.

 

[1shott]

deductables and copays are up, premiums are up a little, but we can get a discount but now we have to participate in 3 mandatory area to get that discount. My current plan will no longer be available next year.

 

[SlugSlinger]

deductables and copays are up, premiums are up a little, but we can get a discount but now we have to participate in 3 mandatory area to get that discount. My current plan will no longer be available next year.

What do you have to do to get the discount?

We get a discount for doing an online health assessment and some online tracking of exercise, diet, etc.

My company is self insured and provides more than the minimum coverage required by Obamacare.

 

[1shott]

BP check, waist measurement and blood draw at the work site, online health assessment, and now we have to do a 6 week health challenge every year. Also be tobacco free.

 

[Chief Sapulpa]

My dental, vision and health insurance costs are remaining the same as 2013.

You need to ask your HR department if the employer is subsidizing any increases or there truly was no increase in the premium. Last year my employer absorbed the 7% increase.

 

[SlugSlinger]

You need to ask your HR department if the employer is subsidizing any increases or there truly was no increase in the premium. Last year my employer absorbed the 7% increase.

I'll ask in our benefits meeting. I wonder since they are self insured if premiums are based on actual prior year costs or something else.

 

[gl55]

Even self insured companies pay someone to administer their plans.

 

[ChuckC]

I'm self employed and have a catastrophic policy with a 5k deductible through BC BS. Found out the policy I have will no longer be available after next year. The closest thing I can get to what I have now is a 6k deductible and a premium increase of a little over 50%.

I like what I have, I thought I was supposed to be able to keep it according to the liar in chief.

 

[CrossJ]

I am in the same situation ChuckC, except my deductible doubled.

 

[gl55]

Minimum Insurance Coverage Required

Whether you have health insurance now or buy it through one of the Obamacare state Insurance Marketplaces, your insurance plan must cover 10 minimum essential health care services. These are: outpatient services; emergency services; hospitalization; maternity/newborn care; mental health and substance abuse services; prescription drugs; rehabilitation (for injuries, disabilities or chronic conditions); lab services; preventive/wellness programs and chronic disease management; and pediatric services.

If you have or buy a health plan that does not pay for those minimum essential services it may not qualify as coverage under Obamacare and you may have to pay the penalty.

Seems like you should be able to keep what you have and just pay the penalty.