Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 12-02-2013, 09:46 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,471
Quote:
Originally Posted by nvestysly View Post
For people with unsubsidized premiums PPACA insurance costs more than conventional individual insurance.
Not true.
__________________

__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-02-2013, 12:18 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 2,423
I had a long phone conversation with our insurer and here's what I learned.

The letter pertains to our insurance for 2014, the subsidized Marketplace policy. But, the fees are already included in our quote.

This was verified by talking to a Marketplace adviser at our insurance company who generated a new quote from our zip code and ages and the plan we've enrolled in and it was the same as I had gotten from HealthCare.gov which was then reduced by our subsidy. He said that his system quotes the premium with the federal fees included.

Nice to know. They really should have explained this better as the letter says that these fees will be added to your invoice and an example shows the fees as an additional item.
__________________

__________________
Married, both 62. DH retired June, 2010. I have a pleasant little part time job.
Sue J is online now   Reply With Quote
Old 12-02-2013, 12:35 PM   #23
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Heck, we're still paying an 18% tax on all wine/liquor purchases to cover something that happened in 1936 ...

Johnstown Flood Tax - Repeal the Johnstown Flood Tax
__________________
rescueme is offline   Reply With Quote
Old 12-02-2013, 01:50 PM   #24
Full time employment: Posting here.
 
Join Date: Jul 2013
Location: San Diego
Posts: 700
Quote:
Originally Posted by nvestysly View Post
For people with unsubsidized premiums PPACA insurance costs more than conventional individual insurance. And for those who receive subsidies don't forget that's somebody else's money paying for your premium.
Definitely not true. We're saving a considerable amount over COBRA and even more vs. what we would be paying on the private market based on 2013 ehealthinsurance.com rates. We've had some minor aging joint issues the last two years and we each have a history of prescription drug use, so I'm not even sure we could get coverage privately. We are far from qualifying for a subsidy. I've seen people turned down for some really stupid stuff.
__________________
AllDone is offline   Reply With Quote
Old 12-02-2013, 03:35 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by AllDone View Post
Definitely not true. We're saving a considerable amount over COBRA and even more vs. what we would be paying on the private market based on 2013 ehealthinsurance.com rates. We've had some minor aging joint issues the last two years and we each have a history of prescription drug use, so I'm not even sure we could get coverage privately. We are far from qualifying for a subsidy. I've seen people turned down for some really stupid stuff.
Definitely depends on the individual and their circumstance as mine will more than triple once my underwritten plan expires next year.
__________________
Mulligan is offline   Reply With Quote
Old 12-02-2013, 04:44 PM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,471
Quote:
Originally Posted by jetpack View Post
Are these fees already built into the new quote I received for next year's insurance, or are they on top of them?
I just got my BCBSTX invoice (which matches my quote) and it explicitly states that the Annual Fee on Health Insurers and the Transitional Reinsurance Contribution Fee are included.

Now, why is the invoice instructing me to pay by 1/1/14 if they have already drafted that amount from by bank account? That is the mystery!!!!

I'll be calling in a few days......
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 12-02-2013, 05:12 PM   #27
Recycles dryer sheets
nvestysly's Avatar
 
Join Date: Feb 2007
Posts: 417
Quote:
Originally Posted by nvestysly View Post
For people with unsubsidized premiums PPACA insurance costs more than conventional individual insurance. And for those who receive subsidies don't forget that's somebody else's money paying for your premium.
Quote:
Originally Posted by audreyh1 View Post
Not true.
Quote:
Originally Posted by AllDone View Post
Definitely not true. We're saving a considerable amount over COBRA and even more vs. what we would be paying on the private market based on 2013 ehealthinsurance.com rates. We've had some minor aging joint issues the last two years and we each have a history of prescription drug use, so I'm not even sure we could get coverage privately. We are far from qualifying for a subsidy. I've seen people turned down for some really stupid stuff.
It may not be true for the two of you but it's certainly true for my situation. See the thread posted HERE for more details if you're interested.
__________________
Dreamin' of Streamin'
FIRE'd at 52 on 7/8/11
nvestysly is offline   Reply With Quote
Old 12-02-2013, 05:50 PM   #28
Full time employment: Posting here.
 
Join Date: May 2011
Location: Marco island
Posts: 813
Added fees are now commonplace. I wouldn't be surprised if providers start charging extra fees. If 20 or 30 dollars/ month paid to insurers is insignificant then another 20 or 30 per visit paid to the provider should be palpable.
__________________

__________________
Gatordoc50 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 10:31 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.