Re: BC: Your new rate is the same
When I was paying for health care out of my own pocket, my rates would frequently go down. When I read the policies side by side, it was usually evident as to why. Coverage limits were reduced, co-pays increased, some elements no longer covered, etc.
One year it dropped a lot, and on checking it turned out that my prescription drug coverage had been dropped by changing the terms of the plan I was in...but since I caught it I was allowed to move into a different more expensive plan that still included prescription drugs.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.