Re: 40% increase in Health Insurance Premium

> rvfulltimewrote:
We're pretty much full timers, with a 4 month stay at our rental
condo
> in San Diego. SD is our legal residency.
>
> We just got our new premium notice for our health insurance. This
> is a $5000 deductable policy and 20% copay for the next $5000.
> My wife and I are 51 and 50. The premium is going up 40% next
> year. The current premium is about $2900 for a year. The new
> premiums is over $4000.
>
> It feels like someone hit us in the stomach.
>
> Two interesting facts. I went to the insurance company's web site
> and it looks like they don't sell our policy, Celtic Care. They do
> sell one called Celtic Care II where the premium would be about
> $200 less than our current premium, even though we're one year
> older. Looks like I'll have to give them a call about this.
>
> Second fact. Same web site, but now using a Livingston, TX
> zip code (Escapees home town). The premium for what appears
> to be the same policy (there are probably some differences) is
> 80% higher. WOW!
>
> This is not a good time of year to have to find a new health
> insurance policy. I suppose we could go naked.... And that
> is under consideration.

It's possible that your age category is a factor in this increase and
it will continue to be a factor whatever insurer you go to. I'm quite
a number of years older than you, but my coverage is in a large HMO
group, so you'd expect the premium to be well under an individual
policy, yet it's $3000 a year just for my own individual coverage.
California medical costs are among the highest in the Nation. Ask
your insurer what rating factors are being used. $4000 for the two of
you sounds pretty reasonable to me.


.

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