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To: lone star annie
My husband's employer pays for his health insurance (BCBS traditional) and we have to pay for the coverage of myself and our two daughters. It currently costs us $420 a month and we were just notified the other day that BCBS is raising it's premiums another 25%. His employer is looking into other insurance carriers right now but we may have to end up finding our own. Those costs are absolutely outrageous.
16 posted on 11/22/2002 10:45:31 AM PST by riley1992
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To: riley1992
My husband's employer pays for his health insurance (BCBS traditional) and we have to pay for the coverage of myself and our two daughters. It currently costs us $420 a month and we were just notified the other day that BCBS is raising it's premiums another 25%.

We had BC/BS and the company paid for everything, but as you found, they kept raising rates so eventually the company only covered the employee and part of the dependent cost.

Some of the increases are because health care costs are rising, but there was an article last year in the Philly Inquirer (here) that showed that BC/BS is raising premiums but stashing away large parts of it into cash surpluses, not using it for costs. While it is good to have a cash surplus, theirs seems a little excessive ($3 billion as of last year).

51 posted on 06/19/2003 4:51:44 AM PDT by Mannaggia l'America
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