Tue
Nov 18 2014
10:58 am
By: R. Neal
Just got a notice from BlueCross that our insurance premiums are increasing 22.6% for 2015. From checking a few other plans, it appears to be a similar increase across the board.
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Lost Medicaid Funding
To date, the failure to expand Medicaid/TennCare has cost the State of Tennessee ? in lost federal funding. (Source)
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Any idea why such a large
Any idea why such a large increase?
Tennessean: BlueCross
(in reply to Knoxoasis)
Tennessean: BlueCross requests rate increase of 19 percent in 2015
In related news
(in reply to R. Neal)
the "Knoxviews lost federal dollars" ticker is about to cross the $2B mark.
See also
(in reply to Knoxoasis)
Nashville Post: BlueCross requesting 19% premium hike for '15 federal marketplace
This has
(in reply to R. Neal)
Monty Python written all over it
Just checked, our premiums
Just checked, our premiums have gone up 130% since 2007.
We had a group plan under the business until this year, now we have an individual/family plan. Don't think that makes much difference, though, because the group plan premiums were steadily increasing as well.
*
Also, see jbr's thread entitled "Nearly one in 30 children every year experiences homelessness."
In comments there you'll note another dire stat I spotted in that report, namely that Tennessee ranks 50th in the nation for "child well-being," for which criteria being measured include health.
Our small business had a 2% increase
We had 3 of 4 employees participating in our small business plan with United Healthcare. The proposed increase was 21%. We hired a 29 y-o male and when he elected to participate in the health coverage, the increase dropped to 2%.
Community Health alliance
I'm finding the CHA to be very competitive this year- quite the opposite of last year.
For just about the same price as my $3500 Deductable, $3500 out of pocket, co-pay NA plan I am looking at a $2000 deductible, $4,000 OoP, 20% co pay plan. Which seems to be a better plan unless you get very sick.
Not sure how it compares if I get sick out of state, I need to research this.
And supposedly the rate of
And supposedly the rate of growth in overall healthcare costs is the lowest it has been in years.
What's the problem?
WLP $129.1973 0.1573 0.12% 11/18/2014 16:55 | After Hours
WLP Key Statistics
related
from bernie sanders:
Staggering increases in prices for many generic drugs were examined on Thursday at a Senate hearing that Bernie chaired. Three pharmaceutical companies were invited to testify but refused. Generic drugs – copies of drugs no longer protected by patents – historically have cost much less than brand-name prescription medicines. “If generic drug prices continue to rise at the rates that we are seeing, millions of Americans may not be able to afford the medicines they desperately need. Drug companies have seen the opportunity to make a whole lot of money and they are seizing that opportunity,” Bernie told The Associated Press.
right. i was just prescribed
(in reply to metulj)
right. i was just prescribed a month supply of medication made in israel that cost me a mere $140. (the same drug was available via canada for $75.) as this was a tier 3 drug, medicare D covered nothing (thank you, george w). yet my D premium went up around 40% this year.
btw, the generic of above was even more expensive.