Sunday, January 02, 2011

Affordable??? Care Act

As of January 1, 2011 our family health insurance premiums for myself and college age daughter increased 35%, the largest jump ever.

Patti’s Medicare supplemental insurance premium has increased 18% (another record jump), gratefully her Medicare insurance premium remains unchanged since January 2008.

While more provisions of the Affordable Care Act also kicked-in January 1st, this financial kick in my stomach has left me more than conflicted about health care reform.

Our health insurance premiums were more ‘affordable’ before the Affordable Care Act. 

+35% +18% + unchanged = “affordable care” is a formula I am having problems embracing. 

Now I ‘get’ that this is not a “me” issue and I have to try and see the bigger picture. Yet with so many people unemployed, and income not rising for those fortunate to be employed - who can afford any premium much less welcome higher premiums for the better good?

“The clock is ticking for health care reform …” Health care reform 101: What will kick in Jan. 1? 

Caregivingly Yours, Patrick Leer 

2 comments:

  1. Everyone's went up a lot and some by 35 %. There is nothing affordable about it and wait until you see what is no longer covered. This will set back health care breakthroughs to the dark ages. Why develop any new treatments no one will get approved to use anyway.

    ReplyDelete
  2. ouch, that is a big jump! I dare not see where our's will go when we have open enrollment later in the year, but I did hear on the news to expect higher premiums. oh well, what does one do? One needs the coverage.....

    betty

    ReplyDelete

Blog Archive