promisem profile image 94

My health insurance is going up 34% Want to know why?


My wife and I have a $12,900 deductible insurance policy. Our premiums will jump in 2017 by 34% to $13,260. My wife and I are in near perfect health. I am a small business owner who has spent nearly $100,000 over the past 10 years on a high-deductible policy that has not cost insurance companies one dime because of our good heatlh. But we also are 60 years old. Insurance companies discriminate against people like us. We pay for smokers and other highly unhealthy people and get nothing back. What do you think about this issue?

sort by best latest

lions44 profile image94

CJ Kelly (lions44) says

2 months ago
 |  Comment
  • promisem profile image

    Scott Bateman (promisem) 2 months ago

    Good point, CJ. I have the impression they are exiting any local market where they don't have a good enough profit margin.

    That leaves a handful (or one) that raise rates by %% to pay for the high costs of a small number of the truly sick.


  • See all 7 comments
john000 profile image89

John R Wilsdon (john000) says

2 months ago
 |  Comment
  • promisem profile image

    Scott Bateman (promisem) 2 months ago

    I get your frustration. At the same time, medical bankruptcies were skyrocketing before ACA because of people with no insurance.

    It pushed those costs on the rest of us. My premiums were going up double digits even before ACA. What do we do next?


  • See all 2 comments
tamarawilhite profile image87

Tamara Wilhite (tamarawilhite) says

2 months ago
 |  Comment
  • promisem profile image

    Scott Bateman (promisem) 2 months ago

    Tamara, as I asked Brad, what do you think should replace Obamacare?

working