DesideriScuri -> RE: The 8 Ways Obamacare Helps 47 Million Women, Starting August 1, 2012 (8/6/2012 5:21:20 AM)
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ORIGINAL: erieangel quote:
Why are you cutting your premiums? My agency offers 3 plans. Basically they are the same plan, except for the price to the employee and the deductible. What happened is that each year, the agency purchases a health insurance policy for each full-time employee from High Mark. These policies each have a $1,000/$2,000 deductible. $1,000 for single policy/ $2,000 for a family policy. The agency then re-sells the policies to us, the employees with a choice of deductible ranges. No deductible is nearly $100 a month. $500/$1,000 deductible is only $37.50--that's what I'm carrying now and for less than half that I can carry the $1,000 deductible for myself. The plans cost the agency over $300 per person per month. It is considered one of the best health care plans in NW PA and is one of the reasons my agency has been voted one of the 50 best places to work in PA for 6 out of the past 7 years. (The year it didn't make the list, they didn't get enough respondents to evaluate the agency). I understand the financials of your decision. Seriously, I do. However, isn't your reducing of your premiums only going to make it more costly for others since you have already stated that you are relatively healthy? The whole idea of forcing the healthy to carry insurance was to get at their premium payments to help cover the cost of forcing insurance companies to eat the burden of those with guaranteed payouts. By removing your $62.50/month, isn't that simply reducing the pool of money the insurance company pays out from? And, I understand that, in your case, it does not since your employer is paying High Mark, and not you directly, so your employer's premiums may not be changing, though yours are. That is not always the case, though. Edited to add: This is not meant to be a condemnation of you or your choice. I would have chosen the same plan as you, had I been the one to carry insurance for my children. If it were just me, I'd have chosen the $1000 personal deductible.
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