I've been with AETNA for 2 years. I haven't filed any claims for anything other than routine preventative care. They are trying to raise my premium by 22% next year after only a tiny increase last year. A relative who is an insurance agent says that this is fairly common. Has anyone else seen this behavior by their medical insurer?
A few options occur to me:
1) AETNA is hoping I won't notice the increase.
2) After 2 years, AETNA has more trouble denying coverage based on an accusation of an undisclosed pre-existing condition. So, longer-term customers are more risky. I would have to read the policy to see if this makes sense.
3) They are hoping I've fallen in love with my current medical providers, and are thus reluctant to change just to save a few bucks.
4) They are just being greedy.
In any case, I'm dumping them. I'm just curious whether others have seen this.
A few options occur to me:
1) AETNA is hoping I won't notice the increase.
2) After 2 years, AETNA has more trouble denying coverage based on an accusation of an undisclosed pre-existing condition. So, longer-term customers are more risky. I would have to read the policy to see if this makes sense.
3) They are hoping I've fallen in love with my current medical providers, and are thus reluctant to change just to save a few bucks.
4) They are just being greedy.
In any case, I'm dumping them. I'm just curious whether others have seen this.