RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,249
When I've checked the off-market plans in my area, they were the same plans and prices. But I guess I should keep checking every year.
Would be curious how much the Covid-19 pandemic is influencing rates. Have to imagine much higher costs for treatment, something is driving up the costs.
2021 ACA plans are on HealthSherpa.com. If you visited the site recently, delete the HealthSherpa cookies in your browser to see the new webpage. If you get a Special Enrollment page, choose coverage loss. It defaults to 2021 plans.
My area has a new insurer (Molina) for 2021. We also have "expanded bronze" plans (56%-65% actuarial value) in addition to Bronze (56%-62%).
Do you think it may because PA is switching to their own exchange? MA has its own and I have never been able to use healthsherpa. I think it is only for plans through the federal exchange?
2021 ACA plans are on HealthSherpa.com. If you visited the site recently, delete the HealthSherpa cookies in your browser to see the new webpage. If you get a Special Enrollment page, choose coverage loss. It defaults to 2021 plans.
My area has a new insurer (Molina) for 2021. We also have "expanded bronze" plans (56%-65% actuarial value) in addition to Bronze (56%-62%).
Thanks for doing that. There aren't many things we can do that make a difference to the medical industrial complex, and too many people think complaining on Facebook is "doing something"So I went and testified at the insurance rate hearing. New insurance commissioner in town. Made a big stink.
Thanks again to all new replies.. it is still a little mind-blowing to see these un-subsidized costs.
Another question just popped into mind... I will turn 65 in May. I assume that as I start Medicare, that my ACA premium will drop as it will just be my wife afterwards. Has anyone gone thru that type of life-situation change, from ACA to Medicare during the year? Any comments would be greatly appreciated.
Thanks,
Mitch
Thanks for the tip!2021 ACA plans are on HealthSherpa.com. If you visited the site recently, delete the HealthSherpa cookies in your browser to see the new webpage. If you get a Special Enrollment page, choose coverage loss. It defaults to 2021 plans.
Anyone who is retired and has a live in still working should inquire about “domestic partners” jumping on the company plan especially if its subsidized. Finally after foot dragging of laziness from both sides my GF for over well over a decade is moving in. Next year after “waiting period” is over I can kick my POS ACA plan of $670 a month with $6000 deductible to the curb... And replace it with a robust network $200 annual deductible which also has dental and vision thrown in, all for the affordable amount of $150 a month for me.. My turn to grab a piece of the subsidy cost shifting game!
The last figures that I saw showed only a 2% drop in enrollment due to the rollback of the mandate. It turns out that those who didn't want the insurance simply weren't buying it - a penalty was not enough to force them to buy a product they saw no need for.
This past September, for the first time since I've had an ACA plan (and I've been on it since inception since it was instrumental in my decision to FIRE), I got a rebate because they (BCBSNC) didn't pay out enough. $18.93. Who-hoo! Party at sengsational's house!
Hmmm. Not sure what to think about this data from KFF.https://www.kff.org/private-insuran...xchanges-and-the-impact-of-covid-19-on-rates/ has a summary of rate hikes by state and insurer. There are some large hikes, but also some decreases.
BCBS of NC - Rate Change: 4.10% Impact of Covid-19: Unknown
This reflects a [2020] monthly premium of $1,341.66... Your new monthly payment starting in January...This reflects an estimated monthly premium of $1,605.47
I don't know. Since they list insurers but not each plan, maybe some plans went up more than others.Hmmm. Not sure what to think about this data from KFF.
I can say from the letter BCBSNC sent me that 4.1% is "wrong". From the letter they sent (about a bronze, Charlotte, NC, non-smoker, age 62):
That's a 19.7% increase. So I'm having a hard time reconciling the KFF reporting. I don't see that getting one year older accounts for a 15.6% increase. Oh, and they've increased the deductible again, as they have every year since it started.
Hmmm. Not sure what to think about this data from KFF.
I can say from the letter BCBSNC sent me that 4.1% is "wrong". From the letter they sent (about a bronze, Charlotte, NC, non-smoker, age 62):
That's a 19.7% increase. So I'm having a hard time reconciling the KFF reporting. I don't see that getting one year older accounts for a 15.6% increase. Oh, and they've increased the deductible again, as they have every year since it started.