about insurance premiums, pre and post-ACA?
I'm very interested in this and am trying to learn more about it.
My pre-ACA premiums for a silver plan equivalent here in Massachusetts for myself and my wife are $1,041/month.
I'm now choosing between two Gold plans, same insurer, same network, for either $639/month or $602/month.
So I'm seeing a 40% reduction...and that's with no subsidy. I've been fortunate and will not qualify for one.
It's impossible to get an honest reading in the discussions on many sites, because any discussion will immediately be hammered by someone screaming about 50% increases...
I went around with one guy on a site who was livid that his costs were going up $12,000.
When I prodded and probed a bit, it turns out that was for 12 employees - his premiums were going up $80/month per employee. I can't remember the last time I saw as little as $80 increases year-to-year pre-ACA!
In other cases, it turns out that the people screaming were getting insurance from their employer, and were told they'd be paying more - that's another issue altogether.
Now I'm hearing from people saying they're getting a 50% increase, and then, on further discussion, they say they were paying $175/month 9middle aged). How the heck does a middle-aged person get insurance for that price? Even with his increase, he's well below my new rates.
So can we honestly share experiences here at this site?
For those who were already on the individual insurance market, what were your costs and what will your costs now be, pre-and-post subsidy?
Does anyone have any clear information on this?