Speaking of monkeys and unicorns...

Bob's post yesterday on the travails of a couple trying to find affordable health insurance in an Obamaworld proved once again that there are no coincidences:I have spent the past few days working with a couple of very long-term clients. They've trusted me with their health insurance needs for several years (at least 5 that I can recall off-hand). Both of them have HSA-compliant plans with moderately high family deductibles ($6,000 for one, $10,000 for the other), and both are insured with Medical Mutual (MMO). Both of them renew September 1st.MMO has elected to participate in the Obamastration's offer to extend existing policies another year or so (so-called "grandmothering").."Don and Sharon" got a 28% rate increase from last year, when their rate was $442 a month (or $5,300 a year). Their plan has a $10,000 family deductible, then pays 100% of covered charges after that (most preventive care items are paid on a first-dollar basis, no deductible necessary). So their maximum non-preventive-care related out-of-pocket exposure was about $15,000.Their new rate is about $560/month, or about $6,700 a year. Add that to the $10,000 deductible, and for most non-preventive health care they'll shell out almost $17,000 before any insurance payments are made on their behalf.But as Igor says, "could be worse:"In shopping alternate plans for them, all of which would be required to be fully ObamaTax-compliant, the "best" (least expensive) plan I could find for them had a $12,000 deductible...
Source: InsureBlog - Category: Medical Lawyers and Insurers Source Type: blogs