Posted on 05/12/2017 9:46:28 PM PDT by Lorianne
two years higher than they would be under Obamacare.
New data shows just how high the cost has already gotten for people who don't qualify for subsidies now.
In the report, eHealth found that individual premiums for insurance plans sold through its marketplace, or exchange, rose to an average of $378 per month in 2017 — an 18 percent increase from 2016's open enrollment season.
Since 2014, the average premiums for individual coverage have jumped 39 percent, eHealth found.
That year, 2014, was the first for new Affordable Care Act rules mandating designs of insurance plans, which included a set of minimum health benefits that plans had to include, as well as a guarantee that sicker customers could not be charged more than healthier people.
The average deductibles for individual plans on eHealth now are nearly $4,500, the company said. A deductible represents how much a customer must pay out of pocket for health services not completely covered by their plan.
The average deductible for a family plan sold on eHealth is now $8,322.
In 2017, the average premium for a plan covering a family of four is more than $14,300 annually — or $1,195 per month, the company said.
Scott Flanders, CEO of eHealth, said, "Anyone who still needs proof that health insurance costs are out of control should take a look at our 2017 Price Index Report."
"Middle-income Americans who purchase coverage on their own and do not qualify for subsidies under current law are straining under the burden of costs like these," Flanders said.
(Excerpt) Read more at cnbc.com ...
We’ll be at single payer (communism) before Trump leaves office.
Government Work-Camp.
Trump-Obama Extortion Care, ......until Trump steps up to the plate and signs full sweeping Exempt executive order, as the previous did selectively.
I figured we would always pay a little more for Coverage as time goes on, but nothing like we are paying now.
I figure Obamacare has cost us about $30,000 (so far) and about an ongoing $750 a Month from what we would have been paying if it never existed.
The Coverage is more than our Mortgage and Property Insurance combined.
Needless to say, I have never received that $2,500 Yearly Check that Obama promised.
GOOD. Most of them put him in office and like he said you get and deserve what you vote for.
The average deductible for a family plan sold on eHealth is now $8,322.
This is what the rats in congress and some of the republicans are protecting! 8,322 before you can even use your healthcare
The purpose of Obamacare is wealth re-distribution. It is supposed to destroy the middle-class while subsidizing the lowest income class.
I shall never forgive congress (exempt from Obamacare) for not repealing this monstrosity, this assault on society.
Oh, and even if congress repeals, the scotus decision that okayed forcing the public to buy a privately provided product still stands.
“In 2017, the average premium for a plan covering a family of four is more than $14,300 annually — or $1,195 per month, the company said.”
For just my wife and I (upper 50’s) it’s over $1,300 per month for a high deductible plan. Pre ACA it was $650 per month. Yeah...it doubled alright.
The real problem is that the coverage/deductibles suck and that OVER 80% are free or heavily subsidized and MOST are healthy and have no idea how bad the coverage is because they don’t use it.
I would like to add that even people with Employer-sponsored Health INSURANCE are paying these same outrageous premiums and deductibles.
We got a break on premiums this year because our health insurance plan contracted with Express Scripts Pharmacy/Accredo Specialty Pharmacy, which saves money by actually not sending you your prescribed meds, no matter how badly needed.
The whole barrydon’tcare plan stinks - it can’t be gone soon enough. I just wonder if we’ll be permitted to have affordable, sensible plans ever again.
In 2017, the average premium for a plan covering a family of four is more than $14,300 annually — or $1,195 per month, the company said.
Unless you've got tens of thousands of dollars in medical bills every year, it seems that anyone who buys an insurance plan under these circumstances is an idiot. You would be better off putting $22,500+ in a bank account every year and using the money to: (1) pay your medical bills, and (2) pay your Obamacare penalty.
This shouldn't matter. When I came across this situation last year, I realized that I'm ahead of the game anyway because the health-sharing ministry costs 70% less than the lowest health insurance premium I was quoted.
It's worth noting that I wasn't even pursuing the Christian alternative for financial reasons. I was simply unable to buy a regular plan at all because I was outside the open enrollment period. My original plan was to use the Christian health-sharing ministry to carry me until I was able to buy my own regular plan, but when I realized how much of an outrage and a fraud the whole Obamacare mess was I decided to stay enrolled in the Christian ministry on principle.
Try more than $20,000.00 and a $7,500.00 deductible for TWO of us!
The study isn’t even close.
I agree. The $695 penalty was painful yet the $2000 bronze plan with its $6000+ deductible is useless.And the $5000 silver plan is just too large a percentage of my wages.
We need to stop paying for the huge numbers of people who don’t actually provide health care.
Insurance is not health care. Insurance is just one way to pay for health care.
Your comment does not follow.
Medicare Beneficiaries’ High Out-of-Pocket Costs: Cost Burdens by Income and Health Status
http://www.commonwealthfund.org/publications/issue-briefs/2017/may/medicare-out-of-pocket-cost-burdens
How Big Pharma Might Be Cut Down To Size
https://www.forbes.com/sites/robertpearl/2017/05/11/how-big-pharma-might-be-cut-down-to-size/#6e0c2db4b997
Check out the links, how a reasonable priced drug patent got bought, repackaged and now cost $89K. It’s not just Big Pharma any more but PIG Pharma.
Pharma lobbying group boots Lake Forest drug firm as it tries to boost industry image
http://www.chicagotribune.com/business/ct-phrma-trade-group-horizon-pharma-0512-biz-20170511-story.html
Of course, cutting prices in half would have no positive effect on the economy! People with more money to spend never spend it.
Insanity. Good you have the better coverage now.
Not exactly. The good insurance (BCBS of Illinois) went up over 30%, so the company switched to United. We haven’t really needed it this year, so I don’t know much about the coverage.
My same policy(BCBS Illinois) went up 136%, breaking my ankle proved the uselessness of it. Still swimming in debt. Anyone still paying for medical insurance is fooling themselves that they will get anything for the money they are throwing away. Might as well have thrown it into the BBQ
lol. Right.
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