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Our health care prems up 30% how bout yours?
Old 10-14-2009, 10:36 AM  
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Our health care prems up 30% how bout yours?

We recently found out our premiums will go up 30% - I work at a med sized non-profit and we have long prided ourselves in fully covering our staff and dependents (@ highest level kaiser, near highest other plan and high delta dental). But for the first time may have to consider changing to higher copay level plan, asking staff to pitch in for dependents etc.

In a way we are fortunate as I've heard friends say theirs have gone up 40-60% and they are working at tiny non-profits who I'm sure will have trouble covering those costs... Can't imagine what that is like for a large org or mega-corp!

How high will yours go up and how is your organization/corp dealing with it?
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Old 10-14-2009, 10:37 AM  
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We still haven't seen or heard anything about 2010 benefits enrollment (let alone the new cost of benefits), which is strange given that it's already mid-October.
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Old 10-14-2009, 10:53 AM  
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Our insurance premiums remained the same for 2010...but the best plan we have available is a 70/30 plan with a $3000 deductible (per person..not per family)
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Old 10-14-2009, 11:11 AM  
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Retired Navy. $460.00 a year for a family of 4. Sorry.

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Old 10-14-2009, 11:30 AM  
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Our Blue Cross was set to go up about 30% after a 20% jump last year. Employer joined in with CalPERS and got a cheaper (for them at least) deal w/Blue Cross PPO, Blue Shield and Kaiser HMOs. Out of pocket for us has gone way up still. No more Cadillac, now it Kia all the way. At least we have it, so no complaints.
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Old 10-14-2009, 12:10 PM  
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We get ours through DW's employer. Annual enrollment is next week, but is has held steady at roughly $300-350 for a family of 4. Oh, per year.

I don't even know the details about my employer's plan. It gets crappier every year and more expensive every year.
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Old 10-14-2009, 01:20 PM  
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I pay less that $20/month for Tricare Prime, but as of November 1st my premium goes up to over $96/month with Medicare/TFL. What's that, almost a 400% increase?

Not looking for sympathy, I'm just sayin'.
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Old 10-14-2009, 01:28 PM  
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I don't know what our premium will be for next year yet.

Right now it's $235 a month for 2 adults through the retiree plan at Megacorp. This fee is for medical, meds, dental and vision. Maybe it won't go up much because if I suddenly vanished and it was just DH on the plan, his cost would be 0. His pension would increase $200 a month too....

Uh oh....
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Looking for good Health Care Plan.
Old 10-14-2009, 02:08 PM  
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Looking for good Health Care Plan.

I just received next year Health Care Premium bill. They are raising from $402 to $875 for two of us!!! Does any one know a good Health Care plan that will be cheaper for us? We have Diabetes (both of us). The current plan lets us buy medicines with 20% copay. However, we have $1500 deductible. So Doctor visits are not covered until the deductible is consumed.
I could use a better insurance. Please help.
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Old 10-14-2009, 02:12 PM  
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My employer fully covers our medical. I've heard through the grapevine that the company's healthcare premiums are going up 24% this year, after an increase of 20-something % last year. There's currently no cost to me, but I don't know how long that will continue.
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Old 10-14-2009, 02:18 PM  
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DW and I get our health insurance through her employer. They pay for hers ($5,100/year) and I pay for mine ($1,560/year). My premiums have not changed in 4 years. Hers actually went down last year. The benefit fair for 2010 takes place this afternoon, so I am waiting to see what we should be looking forward to.
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Old 10-14-2009, 02:33 PM  
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Despite the fact that I work in the private sector and my wife works for the school district, my medical benefits are a LOT better than hers. It's not even close. For one thing, we'd have to pay 100% of the cost for my coverage on her plan ($300+ per month). Megacorp offers me an HDHP with HSA that (in 2009) costs about $95 a month for both of us, with a $2500 deductible, $4000 family out of pocket maximum, a match of $1000 a year into my HSA, and perhaps most importantly -- *no* ceiling on benefits.

I'm pretty lucky as far as that goes -- they actually dropped the price and doubled the match last year, but I don't think I'll be so lucky this time.
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Old 10-14-2009, 05:12 PM  
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My premiums for a $7,500 deductible policy (it basically pays nothing until you meet the deductible) just went up from $570/mo to $700/mo for my wife and myself. I really love our private insurance system, Anybody that complains is just a crybaby.
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Old 10-14-2009, 05:38 PM  
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No word from Megacorp yet. They usually send a bad news letter before the benefits package if rates are going up dramatically but no letter yet. Maybe with all the cost cutting they will just include the bad news memo with the package. My Megacorp went to "self insure" about 7 years ago. BCBS administers the program.

Currently I paid $200/mo for a med/dental 80/20 plan. Rates went down last year. 10 yrs ago when I first retired it was $85/mo.
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Old 10-14-2009, 06:20 PM  
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Up 9% for the Aetna High Deductible family plan (deductible = $3000). I work for a megabank.

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Old 10-14-2009, 06:50 PM  
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Ours is going up from $838 a month to $888 per month, for the two of us. We are able to stay on my wifes group plan since she put in 25 yrs. I believe the deductibles went up, also the co-pay's.
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Old 10-14-2009, 07:00 PM  
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Went up 0%. We lost our FSA match though. We have 100% coverage insurance. Fully paid for by DW's company. Both of us doubt how long the good ride will last.
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Old 10-14-2009, 07:08 PM  
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Quote:
Originally Posted by Charlotte View Post
Up 9% for the Aetna High Deductible family plan (deductible = $3000). I work for a megabank.

Charlotte
Hmmm...we currently have Aetna through my megacorp employer, but we haven't heard anything yet. After reading this thread, 9% doesn't sound too bad.
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Old 10-15-2009, 08:27 AM  
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Quote:
Originally Posted by bright eyed View Post
In a way we are fortunate as I've heard friends say theirs have gone up 40-60% and they are working at tiny non-profits who I'm sure will have trouble covering those costs... Can't imagine what that is like for a large org or mega-corp!

How high will yours go up and how is your organization/corp dealing with it?
Given the current health care debate, if you made this public, betcha
you could negotiate that down.
I believe most mega-corps self insure, and use the insurance companies
to handle the admin but actual health care costs are paid by the mega-corp
hence controlling costs.
TJ
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Old 10-15-2009, 10:28 AM  
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Quote:
Originally Posted by FIREdreamer View Post
DW and I get our health insurance through her employer. They pay for hers ($5,100/year) and I pay for mine ($1,560/year). My premiums have not changed in 4 years. Hers actually went down last year. The benefits fair for 2010 takes place this afternoon, so I am waiting to see what we should be looking forward to.
I have the results from the benefits fair:
For 2010 I will still pay $1,560/year for my health insurance, but DW's employer will now pay $6,648/year (+30%) for hers. It's a low deductible policy with BCBS.
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