My employer has “only” a $25,000 annual limit ,so got a waiver because obamacare mandates over a million $$ annual medical limit.MY employer certified that coverage at that level is unaffordable..
I got a notice from my employer provided insurance in Oct, 2010 that my premiums were going up 30% starting Jan 2011, one reason given explicitly was that due to a provision in the "affordable care act", going into effect as of Jan 2011, that required no life time limit. It was previously $5 million limit.
The other reason, also explicitly stated was that, up to 26 year old children must be included on the policy.
My premiums are now almost 50% higher than they were in 2010.
I cannot afford any more of this "free" insurance.
I got a notice from my employer provided insurance in Oct, 2010 that my premiums were going up 30% starting Jan 2011, one reason given explicitly was that due to a provision in the "affordable care act", going into effect as of Jan 2011, that required no life time limit. It was previously $5 million limit.
The other reason, also explicitly stated was that, up to 26 year old children must be included on the policy.
My premiums are now almost 50% higher than they were in 2010.
I cannot afford any more of this "free" insurance.