I came home and opened our mail to find our new insurance plans/rates for 2015. I thought I'd share how bad they are.
- My Husband's current plan is a grandfathered 2013 plan and not ACA compliant (bought privately; not through the state exchange). His current premium is $103/mos with $1500 deductible. The new plan recommended for 2015 is $196/mos with $4000 deductible. The premium almost doubles and the deductible more than doubles! His new plan is considered a bronze plan.
- My current plan is through the state's exchange (ACA compliant) and has subsidies. My current premium is $281/mos with $175 deductible. The new 2015 plan is $261/mos and $2250 deductible. The premium is $20 cheaper per month, but the deductible is more than twelve times the current one! Yikes! My plan is a silver plan.
This whole insurance thing is a nightmare!!
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