Insurance Rates

Discussion in 'Political Opinions & Beliefs' started by WertyFArmer, Jun 23, 2016.

  1. WertyFArmer

    WertyFArmer Well-Known Member

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    Just received my notice that I'll be getting a 21% increase on my insurance. I'm so tired of this crap!.

    Someone want to tell me why 25% of my income for health insurance and then have to pay another $3,000 before they will cover anything?

    With rate roll outs coming out over the next 2-4 months, I see this as having an impact on the upcoming elections.
     
  2. JIMV

    JIMV Well-Known Member Past Donor

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    The rumor is that a significant number of deep blue states will see up to 30% increases in their premiums. The scam that is ObamaCare is in slow collapse. I suspect this will not help the Dowager Empress of Chappaqua come November. I would not be surprised if the Obama regime changes the date for announcing new rates until after the election.
     
  3. WertyFArmer

    WertyFArmer Well-Known Member

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    Agreed, they have done it before.
     
  4. perdidochas

    perdidochas Well-Known Member

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    I'm still waiting on the $2300 a year reduction in rates I was told would happen after ACA passed.
     
  5. JIMV

    JIMV Well-Known Member Past Donor

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    Don't hold your breath...
     
  6. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    I cannot believe that anyone pays $ 25,000 a year for health insurance premium! Or if you only make $50,000 a year I cannot believe that you would $ 12,500 a year.

    The average family rate for the average plan if about $600 per month which is $7,250 per year still a lot but if you are paying 25% of your income and you have the average pretty good plan you are only making $28, 500 which must put you in the subsidized zone.

    You're percent of income paid for health care insurance just foes add up with reality in my book so did you make an error in math?
     
  7. WertyFArmer

    WertyFArmer Well-Known Member

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    I currently pay $400 per pay period. That is slated to go up to $484 per pay period. That will be $12,584 per year, I currently net $2,050 per pay period.

    So you are right, I was off a little. I will only have to pay 23.6% of my net to for health insurance. And this is with my employer paying for my portion. I pay for my wife and kids portion.

    The fact that you don't believe it, is not my problem nor will it bring my rates down.....
     
  8. Arxael

    Arxael Banned

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    You are using your net value, what do you gross? I am willing to bet it isn't 23.1% of that. Mine is 11% of my gross. which for Health Insurance is not bad for an entire family.
     
  9. WertyFArmer

    WertyFArmer Well-Known Member

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    got them backwards sorry. take home after tax and insurance is $1,460
     
  10. Pred

    Pred Well-Known Member

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    So did Obama lie when he said our premium would all go down? Whoops guess he did. And since Hillary agreed with him she lied too.


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