My health insurance just jumped

[Anonymous]

from 580 to 680 a month (single coverage, self employed)
How the heck does this get approved by insurance commissions? 20% jump year over year? I am 6 yrs away from Medicare, thankfully.
How did you choose your Medicare supplemental plan?

[Anonymous]

Why do you have a Medicare supplemental plan if you are not on Medicare?

[Anonymous]

Anonymous wrote:from 580 to 680 a month (single coverage, self employed)
How the heck does this get approved by insurance commissions?[b] 20% jump year over year? I am 6 yrs away from Medicare, thankfully.
How did you choose your Medicare supplemental plan?

America!

That's a high jump but within the range I have heard from others.

[Anonymous]

Anonymous wrote:

Anonymous wrote:from 580 to 680 a month (single coverage, self employed)
How the heck does this get approved by insurance commissions?[b] 20% jump year over year? I am 6 yrs away from Medicare, thankfully.
How did you choose your Medicare supplemental plan?

America!

That's a high jump but within the range I have heard from others.

Single parent self employed w teen son and I pay $1200 open market for blue cross HMO only good for the DMV. As a business owner I view it as a cost of doing business (and not having to work for someone sale) and I write the expense off on my taxes. I’m not Medicaid eligible yet.

I will say I’m grateful that all prescriptions are covered with $0 copay.

[Anonymous]

NP - I thought we are better off not paying for the Medicare supplement bc the health insurance companies make money off of them?

[Anonymous]

Dh is a physician. Everything has gone up in price except for physician pay. I anticipate large increases. My friends who own their own practices are struggling with increased costs without higher reimbursements.

[Anonymous]

Anonymous wrote:Dh is a physician. Everything has gone up in price except for physician pay. I anticipate large increases. My friends who own their own practices are struggling with increased costs without higher reimbursements.

I meant large increases from insurance, not physician pay.

[Anonymous]

I pay $1600 for myself and 2 teens

[Anonymous]

Where do yo live?

Prices are different per state. VA > MD.

I priced out family of 4: two teens, oldest parent is 59 in MD.

BCBS HMO is $1000 for a high deductible plan (6150 per person, oop max 9400).

Last year I paid $1300 for that plan.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:from 580 to 680 a month (single coverage, self employed)
How the heck does this get approved by insurance commissions? 20% jump year over year? I am 6 yrs away from Medicare, thankfully.
How did you choose your Medicare supplemental plan?

America!

That's a high jump but within the range I have heard from others.

Single parent self employed w teen son and I pay $1200 open market for blue cross HMO only good for the DMV. As a business owner I view it as a cost of doing business (and not having to work for someone sale) and I write the expense off on my taxes. [b]I’m not Medicaid eligible yet.

I will say I’m grateful that all prescriptions are covered with $0 copay.

I'm not sure if "Medicaid eligible" is a typo, a joke regarding the rising cost of insurance, or you just don't know the difference between Medicaid and Medicare.

Medicare is for the 65+ population, those with End Stage Renal Disease, and other disabled persons.

Medicaid is for those with limited income & resources, regardless of age.

[Anonymous]

Anonymous wrote:from 580 to 680 a month (single coverage, self employed)
How the heck does this get approved by insurance commissions? 20% jump year over year? I am 6 yrs away from Medicare, thankfully.
How did you choose your Medicare supplemental plan?

You didn't know that insurance premiums are up all across the board???

[Anonymous]

This is why I am not leaving my professional position that provides health insurance and pays for 80% of the premium until I am Medicare age.

[Anonymous]

Health plans are charging more to offset all the high-priced weight loss drugs. This is a real issue because not only do people want them to lose weight, but many have to stay on them indefinitely to keep the weight off. What a racket.

[Anonymous]

Most insurers don't provide coverage for weight loss drugs. People are trying to get them through fraud by finding physicians who are willing to give them a diabetes diagnosis. Insurers and federal health care programs are no wise to the scheme and are cracking down.

[Anonymous]

Anonymous wrote:Health plans are charging more to offset all the high-priced weight loss drugs. This is a real issue because not only do people want them to lose weight, but many have to stay on them indefinitely to keep the weight off. What a racket.

We sell group benefit insurance. This is patently not true in a vacuum. Weight loss drugs are only a portion of the equation and in a larger impact of expensive new to market pharma solutions. If the majority of plans weight loss solutions are excluded. Major impacts include long elevated prices for hospitals and major market health centers finally being priced into contracts as well as glut of ‘optional’ surgeries coming out of the pandemic. Please stop spreading uninformed lies.