Wednesday, October 28, 2009
The cost of health Insurance
I received my benefits pamphlet this week to go over so I can be ready to make my choices next month during open season. Boy was I shocked by the changes. They say that the cost will be lower for most employees. I found out that I am not most employees. My biweekly premium is going up by 30 dollars a pay period. If that is not bad enough, the insurance is going from a 90/10 to an 80/20! My deductible is going up from 600 dollars to 1000 dollars and my max out-of-pocket is going up to 8000 dollars. This new plan is now going to cost me over the year 12800 dollars, over 1000 dollars a month. But what can you do except take what they offer. At least I have insurance.