Health Insurance increasing by over 20% AGAIN this year.

[Merithynos]

The average family plan premiums for employer-sponsored health care only went up 4% this year (as opposed to 9% last year). Your employer is screwing you.

 

[preslove]

i pay $0 insurance premium at my company. definitely one of the many great benefits here.

Thing is, your real insurance costs have probably gone up significantly in the last few years and you haven't noticed it. One problem with the employer insurance model is that most people don't realize how much they're really getting screwed over by insurance companies.

 

[BassBomb]

wat

 

[sactoking]

The average family plan premiums for employer-sponsored health care only went up 4% this year (as opposed to 9% last year). Your employer is screwing you.

Because everyone is exactly average?

 

[rudeguy]

oh hell...its almost that time of year

We get our new insurance info in October. Gives us two months to stock up on lube...

 

[Slew Foot]

They could have at least increased my reimbursements but no those went down too. Fuckers.

 

[purbeast0]

Thing is, your real insurance costs have probably gone up significantly in the last few years and you haven't noticed it. One problem with the employer insurance model is that most people don't realize how much they're really getting screwed over by insurance companies.

due explain plz.

 

[Engineer]

i pay $0 insurance premium at my company. definitely one of the many great benefits here.

I have the same, but putting my wife and children on there would cost over $1,000 per month as there is no employer portion for them. Wife has high deductible plan for her and kids at about $5 per month (total).

 

[shortylickens]

Thing is, your real insurance costs have probably gone up significantly in the last few years and you haven't noticed it. One problem with the employer insurance model is that most people don't realize how much they're really getting screwed over by insurance companies.

Yup. He's probably paying a lot more than that and just doesnt understand. Like 20 percent of what he paycheck would have been.

 

[holden j caufield]

Exactly. A lot of benefits were stripped in 2008, but the average employee has been getting the short end of the stick as far as benefits are concerned for the past 30 years.

That is what you get with free markets, companies don't care about you, you're just a tool to them. The system should be set up to work FOR us, not us working for the system.

And don't be fooled, all the posters you see in here hating on public employees pension plans, excellent health care, retirement at a reasonable age, UNIONS, and job security are purely jealous that the private sector has lost out on all these advantages slowly over the years. We should be looking to get the private sector back up to that level, not drag them down.

Is the public employee compensation model sustainable? Don't they have to raise taxes etc to cover any deficit. For a private company they just close the doors when they are in the negative for a long time. For any contractors out there, which insurance do you buy and isn't it tax deductible at the end of the year?

 

[purbeast0]

I have the same, but putting my wife and children on there would cost over $1,000 per month as there is no employer portion for them. Wife has high deductible plan for her and kids at about $5 per month (total).

yea mine is $0 for family, so my wife is on mine and we don't have kids yet.

there is a $2400/yr deductable that must be paid before co-pays and stuff come in. but my company also puts $110/mo into an HSA account for me.

so it's basically really good for people who are healthy, and we're both pretty healthy adults so it works out perfect.

my prior company i was paying $630/month for my wife and myself. i'm on advair and get it probably once every 2-3 months. its like $35 copay and $90 or so without insurance. other than that i went to the doc maybe 1 or 2 times when i was with that company.

when i switched jobs, it was instantly an additional $7500 (pretax) raise as well, barring we stay healthy.

 

[Svnla]

My policy renewal just arrived yesterday with Assurant Health and went down by $8. But then my policy is through USAA and provides umbrella coverage in the sense that I have a $5k deductible. I pay until $5k, they pay for everything beyond that.

I have similar coverage with BlueCrossBlueShield.

5K deductible therefore my monthly premium is not too bad plus I am healthy (crossing fingers).

 

[preslove]

due explain plz.

Instead of seeing the raises in your paycheck, you've been given raises in the form of higher premiums paid by your employer directly to your insurer.

I haven't received a single raise in 2 1/2 years to my paycheck, but my "free" insurance premiums have gone up. So, Blue Cross has eaten up all my raises since starting my current job.

The health insurance industry is a parasite on all employees with employer paid health insurance.

 

[purbeast0]

Instead of seeing the raises in your paycheck, you've been given raises in the form of higher premiums paid by your employer directly to your insurer.

I haven't received a single raise in 2 1/2 years to my paycheck, but my "free" insurance premiums have gone up. So, Blue Cross has eaten up all my raises since starting my current job.

The health insurance industry is a parasite on all employees with employer paid health insurance.

my salary has doubled in the past 2 1/2 years (well since January 2010) so i'd say i'm doing okay...

and that's on top of a $10k signing bonus i got to come on board this job.

i'd say i know a little bit more about my situation than you do. 🙂

 

[preslove]

my salary has doubled in the past 2 1/2 years (well since January 2010) so i'd say i'm doing okay...

and that's on top of a $10k signing bonus i got to come on board this job.

i'd say i know a little bit more about my situation than you do. 🙂

My point is that your insurance company has eaten up compensation that you would have seen in the form of salary increases.

 

[purbeast0]

My point is that your insurance company has eaten up compensation that you would have seen in the form of salary increases.

and your point has 0 basis since you know nothing of my situation or the company that i work for.

 

[jayzds]

My point is that your insurance company has eaten up compensation that you would have seen in the form of salary increases.

He knows what point your making but looking at his numbers does not support what you say.

I have the same thing where I pay $0 but, of course my raises have been 3% and 0% over the last couple years.

Just like what you mentioned my pay increase was offset due to the increase of health care costs.

 

[Ns1]

He knows what point your making but looking at his numbers does not support what you say.

"theoretically" his raises could have been higher if insurance premium increases paid by his employer didn't eat up all that extra cash

and your point has 0 basis since you know nothing of my situation or the company that i work for.

also true.

 

[purbeast0]

i'm at my 4th company right now that i've worked for professionally, and to be honest with you, my largest raises came with the 2 companies where i paid $0 for health insurance.

so yea, my situation does not follow what he is trying to say at all. it may be out of the norm for this type but it is my experience with it.

 

[JEDI]

i pay $0 insurance premium at my company. definitely one of the many great benefits here.

for my company, it doesnt matter if your single, married, or have 10 kids. everyone pays the same premium.

thus a single person is substidizing those w/lots of kids 😡

 

[Vic Vega]

My insurance went up quite it despite me not using it at all the last year.

 

[HeXen]

Just wait until 2014 when all of the large employers dump their unhealthy employees from their self-insured plans onto the individual market and individual premiums go up 100+%...

My company informed us that they will drop the insurance completely, they spend over 100,000 dollars on insurance for us, but will only cost them $10k penalty if they drop it, forcing us to Obamacare..so i guess they saved a ton of money.

 

[preslove]

i'm at my 4th company right now that i've worked for professionally, and to be honest with you, my largest raises came with the 2 companies where i paid $0 for health insurance.

so yea, my situation does not follow what he is trying to say at all. it may be out of the norm for this type but it is my experience with it.

You don't know what your raises would have been without your Cadillac coverage. If you had substantial pay increases, then the increases in $ to your health benefits packages would have been only a slight percentage of your increase in total compensation. That just means that you had substantial enough increases in salary to swamp the increases in premiums paid to your insurer on your behalf. That is, unless your employer significantly cut the quality of your health benefits.

In other words, if your salary increased 25% in a year, then that would swamp even a 10% increase in your health premiums.

Congrats! What field are you in?

 

[SaDiZTiKStyLeZ]

I don't even have a job to get or afford health insurance...

App'd for Medicaid not too long ago. But am hearing they'll probably deny me because am single & no dependents. Despite having high blood pressure & all the signs of an impending heart attack...

 

[preslove]

I don't even have a job to get or afford health insurance...

App'd for Medicaid not too long ago. But am hearing they'll probably deny me because am single & no dependents. Despite having high blood pressure & all the signs of an impending heart attack...

You made the wrong decisions in life and lacked work ethic. You deserve to have your health suffer because of that.

/republicans