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Its the new normal OP. Its called capitalism. Chips are all in the employers corner. When faced with the choice of being unemployed and employed workers will take whatever is shoveled in their face. When the economy improves and jobs are plentiful the employer will have to give better benefits to attract workers. Since there is a line of hungry workers who would sell their soul for your job, you either have to win lotto or eat that 500 a month premium. We are all in the same boat op. Unless you are in a powerful Union.
Yeah.
No one owes you health insurance.
Go try buying it yourself and see how much it costs.
It's insane and covers nothing with a very bad network.
The new plan year for the health insurance at WORK is starting on April 1st. With just two week notice, the company sent out the renewal letter for the health coverage and without warning anyone of the HUGE increase in advance, raised the rates the employees pay by 80%.
We complained to HR but got no response. Now the four of us in the team have decided to write a joint letter to the company CEO complaining about the huge increase and lack of notice. What do you think will happen? (It is a 860 employee IT Consulting Company and the CEO works across town.)
Other than quitting, what would you do if your health insurance premium went up 80% in one year? (Employee cost, for the cheapest option.) * It is still below Obama care costs. (Employee + Spouse went from $280 a month to $504 a month)
Well, without knowing the deductibles, pharmacy and a host of other things, to say "Go elsewhere" would be a very bad choice of words on my part.
Since you DID say "Still below Obamacare costs" then you're getting a deal better then that jerk can provide!
Without knowing the employer/employee split for premiums or the total plan cost, it's hard to say. If the employer just shifted most of the cost onto the employees, I'd start looking for a job. If the employer got nailed with a huge increase, that's an entirely different matter. I'm in a high demand high tech sector where an 80/20 employer/employee split or better than that is still pretty common.
You have healthcare which your employer is now forced to do by law. Lucky for you that you're paying less than people having to buy subpar health insurance on the market.
Just wondering -- did you vote for any of the politicians who either created the ACA or who approved it without reading it
The new plan year for the health insurance at WORK is starting on April 1st. With just two week notice, the company sent out the renewal letter for the health coverage and without warning anyone of the HUGE increase in advance, raised the rates the employees pay by 80%.
We complained to HR but got no response. Now the four of us in the team have decided to write a joint letter to the company CEO complaining about the huge increase and lack of notice. What do you think will happen? (It is a 860 employee IT Consulting Company and the CEO works across town.)
Other than quitting, what would you do if your health insurance premium went up 80% in one year? (Employee cost, for the cheapest option.) * It is still below Obama care costs. (Employee + Spouse went from $280 a month to $504 a month)
Not much you can do besides complaining. THEIR costs went up a lot, so they passed most (or all) of the increase onto you.
I know it's a shock, but how would having several months notice help you? Would you opt out and get something on your own ACA-wise? Do you think you could get a cheaper rate? What's the deductible on that policy?
The new plan year for the health insurance at WORK is starting on April 1st. With just two week notice, the company sent out the renewal letter for the health coverage and without warning anyone of the HUGE increase in advance, raised the rates the employees pay by 80%.
We complained to HR but got no response. Now the four of us in the team have decided to write a joint letter to the company CEO complaining about the huge increase and lack of notice. What do you think will happen? (It is a 860 employee IT Consulting Company and the CEO works across town.)
Other than quitting, what would you do if your health insurance premium went up 80% in one year? (Employee cost, for the cheapest option.) * It is still below Obama care costs. (Employee + Spouse went from $280 a month to $504 a month)
Look for a another job with better insurance and then submit my resignation.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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You were very lucky before, that's still a very reasonable amount. I pay just a bit less than that, and our contribution actually went down. Unfortunately to avoid the "cadillac tax" my employer switched to a high deductible with HSA,
so our annual out-of-pocket went up more like 300%. Still, they are paying about $1,500/month of our premium.
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