scrabbler1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 20, 2009
- Messages
- 6,703
Have any of you on ACA plans received letters from your insurance companies regarding proposed rate increases for 2019? I got mine a few days ago and my IC is proposing a nearly 30% increase in my premium for 2019 to over $700 per month (one person, not a couple). This follows a 17% increase for 2018. My ACA premium subsidy is small, and will drop to zero in 2018 if I go over the ACA "cliff" like I did for the first time last year. So I am not relying on that to save me. Also, I have to depend on the SLCSP (Second Lowest Cost Silver Plan) rate to rise a lot in order to enable the subsidy to rise.
https://www.dfs.ny.gov/about/press/pr1806011.htm
The chart shown in the above link to the NY DFS website includes how much of the filed increases are due to the repeal of the individual mandate. On an aggregate basis, the repeal of the IM causes half the overall average filed increase.
I wonder how bad things are in other states, such as yours.
https://www.dfs.ny.gov/about/press/pr1806011.htm
The chart shown in the above link to the NY DFS website includes how much of the filed increases are due to the repeal of the individual mandate. On an aggregate basis, the repeal of the IM causes half the overall average filed increase.
I wonder how bad things are in other states, such as yours.