Via Michael, a friend
Today I received notice of another huge increase (around 38%) in our Blue Cross, Blue Shield coverage. It has been a BCBS Silver 5000 plan but the 5000 referred to individual coverage. It was $10,000.00 per family. My old payment was approximately $2,100.00 per month but it now has increased to around $2,900.00 per month with increased deductibles and increased co-pays.
I am not going to absorb the increase and will be forced to look at a high risk plan to cover us in case of an catastrophic event. Our average health care costs can't be over $35,000.00 which will now be our cost of insurance. (Three in his family)