[Grams A]

I have had an individual policy for years - no maternity benefits, no AIDS treatment, no mental health, drastically limited chemo benefits, no plastic surgery, large deductible. Never signed up for Medicare although eligible. Recd notice from them that as of 1/1/2011 my coverage would be expanded to cover all of these and more and the premium is going to increase about four times. I have never used my insurance and negotiated a cash price with my internist for needed outpatient services. So I said no thanks!

[houeto]

So I said no thanks!

Then you will purchase Obamacare or go to jail, right?

[RikaStrom]

My company is a small company (under 50) and in Texas we are mandated by the state on our rates, there is no room for negotiating anything down. We just got our renewal, rates went up 40%, and I didn’t even use my insurance last year.

I spoke with my folks, they also own a small business, their rates are going up 80% because they are getting older.

My broker flat out said that the reason the rates were going up was the insurance companies were trying to recoup their soon-to-be-lost revenue before 2014. It’s exactly what the credit card companies did a little while back. Jack up the rates to get immediate revenue.

Just freaking unreal.