John250
PR Founding Father
I insure myself and three kids on my own personal health insurance policy (wife has company paid coverage). Last year I paid $445 per month. Medical Mutual offered me a early renewal rate of $485.95 per month. I took it. Checking on healthcare.gov the premium for similar coverage was $788 a month, yeah that's the cheapest I could find for me and three kids.
NOW..........I get my new bill of $485.95 per month. BUT........it's not $485.95, it is $520.44!! Here is why:
2014 FEDERALLY MANDATED FEES:
PCORI Fee (this is for research)
$0.18/covered person/month
Reinsurance Fee
$5.25/covered person/month
market Share Fee
2.4% of premium
A state premium tax of 1.4% will be added to these fees.
We are ALL paying these new fees in 2014. Your employers are being charged these new fees on their group policies also. So guess what, they will probably pass these fees onto you as the employee. Or if your like me, I am paying an extra $413.88 a year in federally mandated fees. More disposable income taken out of an American's income.
People need to WAKE UP. We need to repeal this crap, it is costing us real dollars. I know in the last three years since my wife's employer stopped covering me and my kids, that my personal health insurance cost me MORE AND MORE EVERY SINGLE YEAR! When is it going to stop?
NOW..........I get my new bill of $485.95 per month. BUT........it's not $485.95, it is $520.44!! Here is why:
2014 FEDERALLY MANDATED FEES:
PCORI Fee (this is for research)
$0.18/covered person/month
Reinsurance Fee
$5.25/covered person/month
market Share Fee
2.4% of premium
A state premium tax of 1.4% will be added to these fees.
We are ALL paying these new fees in 2014. Your employers are being charged these new fees on their group policies also. So guess what, they will probably pass these fees onto you as the employee. Or if your like me, I am paying an extra $413.88 a year in federally mandated fees. More disposable income taken out of an American's income.
People need to WAKE UP. We need to repeal this crap, it is costing us real dollars. I know in the last three years since my wife's employer stopped covering me and my kids, that my personal health insurance cost me MORE AND MORE EVERY SINGLE YEAR! When is it going to stop?