I've blogged before about the Landmark Healthcare Legislation. It only hits home when you see exactly how it impacts you personally. So here is the summary:
Jenna has a high deductible HSA plan and the premium increased this year 29%.
Susan, Ellen and I have a high deductible HSA plan and the premium increased this year 8.6%
Because of the high deductible there have been no costs to Anthem in the last year - yet the premiums go up and up.
My uninformed conclusion is that the younger generation is paying for the Healthcare changes. The young healthy people are paying for the older generation - setting up a generation warfare. This will just be incentive for the younger generation to pay the penalty to avoid health insurance.
Another wrong incentive is to encourage the younger generation to stay on their parents plan until age 28 - ridiculous. We should be encouraging the kids to become self-sufficient adults - physically, emotionally, financially, and spiritually.
There is little choice but to renew the policy and find a way to cover the increase in the personal financial budget.
PS - My family policy increased $23/mth. Check out the blog on Jan 6, 2010 ---- Based on the extra $23/mth I must weigh 200 lbs :)
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