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Reply to "I feel sick looking at the cost of healthcare for my family"
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[quote=Anonymous]I'm looking at the open enrollment form for health insurance through my company, a small business. Last year, the cost for my family of three was roughly $700/month, including my company's subsidy (they only subsidize me as the employee). At the time, I thought this was a lot, so I ended up only insuring myself and my child for about $250/month. My spouse had other insurance for a temporary period. Looking at the prices for this year for the equivalent plan that's offered (for some reason, we weren't offered the exact same plan), the premiums have nearly doubled - the cost to insure me and my child would be over $500, for my family over $1300, and this includes my subsidy. Do other people find this acceptable? It seems astronomically expensive to me. I didn't cover my spouse last year, who is self employed. I was hoping to cover my spouse this year, and now I don't know if we can even afford it. The rise in the price in healthcare actually eats up my entire raise for this year if I were to cover us all, so effectively I will take home the same amount of money if I do this. How much are others paying for their health insurance? Should I just get my own coverage elsewhere at this point? [/quote]
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