10-03-2013, 11:06 PM
$tevie wrote:
3) The company is offering a replacement plan that is identical to the one I have now, except for adding maternity coverage and such. The premium is 77% higher.
Sounds like your insurance company is taking advantage of the situation to try to screw you big time.
I wouldn't put it past them. No doubt they're subject to regulation (and new actuarial requirements of the ACA) but they're sure not out to do me any favors.
Got another data point today. Housemate has a different plan, found it is also being canceled, replacement plan premium is 140% higher. Insurer (Blue Cross) claims massive increases are across the board on all their 2014 ACA-compliant plans. Housemate is also low income and so now in the same boat as me.