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NJ: Health insurance premium up by 15%
Old 04-02-2009, 02:56 PM   #1
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Join Date: Jul 2006
Location: Denver
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NJ: Health insurance premium up by 15%

My Horizon BCBS HMO w/deductable & co-pay plan's premium is up 15% for 2009. The law (NJ) prohibits them from increasing it any further for people who had policies prior to 1/5/09. So, they increased it to the max!!

I was forecasting 8% increases in my premium. This increase has stunned me. If I extrapolate out to when we both turn 64, I'll be paying $124,000 in constant 2009 dollars!

Something has to give!
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