My World Health Insurance, Great West network, raised my premium today from $431/mo to $551/mo. Last year they raised it about $75/mon. Had anyone else had an increase lately? I am 61, btw. I thought the big hike occurred at age 60.
Not sure what to do about it. I could raise my deductible from $2700/yr to $5000/yr. I don't have many regular medical expenses right now, except for preventative care. But I wonder if I raise the deductible now, can I lower it again later if I need to? Has anyone done that?
I'm going to have a discussion with my health insurance agent about this and will report back.
Not sure what to do about it. I could raise my deductible from $2700/yr to $5000/yr. I don't have many regular medical expenses right now, except for preventative care. But I wonder if I raise the deductible now, can I lower it again later if I need to? Has anyone done that?
I'm going to have a discussion with my health insurance agent about this and will report back.