How much are they going to gouge us for? Rumor has it costs are astronomical this year… aging workforce and all. I’m guessing a 50% increase in premiums and a cut to their HSA contributions.
What do you think?
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Well, this thread aged well…. Premiums only up $3-$14 a pay check for medical. Nowhere near the 25% or more increase. No change to prescription dr-gs or HSA contributions.
Some of y’all would be much happier to work elsewhere than spread bullsh-t rumors all day.
Year 1 will likely impact those on ACA & cut of of govt health care programs. A lot of people will become uninsured as they are unable to afford the premiums. We should be relatively okay given private insurance. However in year 2, insurance companies will start seeing the losses coming from uninsured going to higher priced care (aka hospitals)... so instead of uninsured paying for $1 of antibiotics, it will be a trip to the hospital. With no insurance, costs will get passed to private insurance holders.
I'd guess our premiums go 5%-10% this year, and at least a 20% hike at the end of 2026.
And as mentioned in several threads... that assumes Schwab continues to offer insurance directly. They may go to another model.... and don't expect that model to better for us.
@a4 I’m guessing snowflakes are downvoting you because you dared note that Don is a golf cheat. And a bad one.
The information about the new insurance funding is scary. But thanks.
You’ll want to look up ICHRA. That’s the plan. ICHRAs are tax free deposits you can use to purchase insurance. No more employee plan and no self-insuring like we do. Kaiser and UHC manage our plans but 100% of the premiums and costs are internal outside management fees. The ICHRA will not fully fund health care costs for most employees. And your market options are dependent on state and your health. The current shutdown is about premium coverage for ACA customers. Trump can spend $3,000,000 a weekend for golf… well, cheating at golf, but you need to su-k it up and pay $1,500 a month for family medical and a $20,000 deductible. Real numbers.