This may be a dumb question because I really dont understand all that much about the ACA. Ive browsed most of the threads here but still only have a very basically understanding.
My wife and I work at the same place. I have HI that covers me and she has HI that covers her and our son. The total cost is about $200 per month. The coverage isn't very good but that's another story. The exact same coverage goes to $1100 next year when we retire. Same coverage, same company but higher retiree rates. That seems very high to me considering we will be 50 and 46 but ages are not taken into affect at all.
Here comes the part where I dont understand the ACA. I went to eHeathinsurance and browsed the plans under the "2104 ACA compliant plans" tab. I backdated our ages to make us the ages that we will be next year and came up with plans ranging from about $500-$850. I assume thats with no subsidy since the rates are still high and I was never asked how much money I make.
Can anyone explain to me if there's any reason to stay with my company plan? I do know that if I ever leave the company plan I can never go back to it but at this point I dont see that as a problem. I see everyone talking about signing up at the government run site and all its problems, but I dont understand the relationship between that and signing up for HI thru eHealthinsurance or directly at an insurance companies site. Is there any difference? If I sign up for one of the plans I found am I getting HI thru Obamacare? Is getting HI on the open market the same thing?
Lastly, a friend of mine said he has to stay under the retiree plan even though its much higher than a similar plan under ACA because he has a pre-existing condition and signing up under Obamacare will be too expensive. Isnt HI under ACA supposed to cost the same for anyone of his age no matter if he has pre-existing conditions or not?
My wife and I work at the same place. I have HI that covers me and she has HI that covers her and our son. The total cost is about $200 per month. The coverage isn't very good but that's another story. The exact same coverage goes to $1100 next year when we retire. Same coverage, same company but higher retiree rates. That seems very high to me considering we will be 50 and 46 but ages are not taken into affect at all.
Here comes the part where I dont understand the ACA. I went to eHeathinsurance and browsed the plans under the "2104 ACA compliant plans" tab. I backdated our ages to make us the ages that we will be next year and came up with plans ranging from about $500-$850. I assume thats with no subsidy since the rates are still high and I was never asked how much money I make.
Can anyone explain to me if there's any reason to stay with my company plan? I do know that if I ever leave the company plan I can never go back to it but at this point I dont see that as a problem. I see everyone talking about signing up at the government run site and all its problems, but I dont understand the relationship between that and signing up for HI thru eHealthinsurance or directly at an insurance companies site. Is there any difference? If I sign up for one of the plans I found am I getting HI thru Obamacare? Is getting HI on the open market the same thing?
Lastly, a friend of mine said he has to stay under the retiree plan even though its much higher than a similar plan under ACA because he has a pre-existing condition and signing up under Obamacare will be too expensive. Isnt HI under ACA supposed to cost the same for anyone of his age no matter if he has pre-existing conditions or not?
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