Health Insurance

[davidv]

I have a family plan (spouse + kids) through my employer, and I pay about $1200 a month. The kids only add about $400/month to the policy, and we also have a deductible to meet. The good news is that after years of double digit percentage increases in the month payments (combined with reductions in benefits), we only had a 5% increase this year.

You insurance option doesn't sound to bad to me.

[reed303]

Originally Posted by himain

I would say a small/medium business. Less than 1000 employees total. He would pay $250 a month and the company pays the other part. That's him alone. If he added me, it would be $700 a month!!! This is with a 2K deductible.

I used to work for an health insurance company and have had it before so I know what the deal is. I just thought that was completely high or is this normal for CO?

We can't do anything with the states program as him income is too high.

We're definitely getting it but need to shop around as I'm with the same company and I'll be in the same boat in a month.

Thanks for all the advice guys.

Ouch That does sound high. 2 years ago just before I retired and went on Medicare, my cost for single coverage was $100/month, $750 deduc, small self-funded employer.

Sounds like employer is not picking up much of premium, or is trying to discourage using their insurance at all.

If you and bf are working same place, can you each have own $250 plan versus $700 joint plan ??

You should start to research what will be available under "Obamacare". Oct. 1 is the start date for people to apply. Start here : https://www.healthcare.gov/

[himain]

Originally Posted by SkyDog77

Since you aren't married, I am surprised that he can even add you at all. I didn't know that companies let you do that.

We are considering getting married for tax purposes. The taxes out here are crazy!!!!

I thought it sounded high. I'm doing my research this next few days

[Idlewile]

So, why don't you simply get insurance just for you at the same company (or different company for that matter)?? You're not married. Heck, I know MANY people who ARE married and elect coverage individually as it's a much better deal.

[himain]

Why would I pay $250 a month?? That's way too high for insurance

[SkyDog77]

Originally Posted by himain

Why would I pay $250 a month?? That's way too high for insurance

Really? That doesn't seem so bad if it is good coverage.

[Cameron60]

Originally Posted by himain

Why would I pay $250 a month?? That's way too high for insurance

In October the ACA enrollment opens. It will be effective on Jan. 1 2014
If your income is below 400% of poverty level (appx. 46k for a single person)
you can get a subsidy.

The calculator below is a preview of what premiums may be.

kff.org/interactive/subsidy-calculator

[Idlewile]

Originally Posted by himain

Why would I pay $250 a month?? That's way too high for insurance

Uh, no it's not at all. I've worked at a large Fortune 500 in the Denver area, a large non-profit and had a spouse who worked at small places and medium-sized employers. Certainly it depends on the coverage but $250 is reasonable.

[himain]

This $250 is bare minimum crap. If it was full loaded yes but again this is through an employer with bad deductibles, etc.

So I do not think that is reasonable in any case. Again I've worked in the health insurance industry before