I just got a letter from our health insurance provider. We buy our own, as it’s not provided by any employer. Right now we have what is pretty much the least-expensive high-deductible coverage we can get. It’s around $550 per month for the family. As of 01Jan2013, it’s going up about $200, to about $750, a more than 30% increase. Coverage will not significantly change.
To paraphrase the Princess Bride’s Inigo Montoya if he were to talk about the Affordable Care Act, “You keep using that word. I do not think it means what you think it means.”
I got hit with the same thing in May. At least they were nice enough to tell us what the real reason for the increase was…
I just found out my health insurance is up 10% from last year. Fortunately the company I work for pays most of the cost (over $1,200 per month).