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How has the Affordable HC Act impacted your company's insurance offerings?
Anyone receive details from their employer? I did but didn't review it in depth yet.
From what I grasp.. We used to have plan options but now it's just 1 plan. No premium increase. If your spouse has access to health care at their employer but want to be under ours, there's a fee.
Curious to hear others.
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Posted 10/8/13 2:35 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
SeaWolf14
*Crazy Cat Lady*
Member since 7/13 1324 total posts
Name:
Heather
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Mine is no longer offering insurance as of 1/1/14.
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| Posted 10/8/13 2:38 PM |
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ElizaRags35
My 2 Girls
Member since 2/09 20494 total posts
Name:
Me
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How has the Affordable HC Act impacted your company's insurance offerings?
Our rates went up maybe $100. That's about it.
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| Posted 10/8/13 2:39 PM |
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hopingforbaby
We made a wish & you came true
Member since 2/10 2695 total posts
Name:
Me
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How has the Affordable HC Act impacted your company's insurance offerings?
Not sure. My health insurance has steadily gone up 20% every year in the past 3 years and DH insurance was just changed so that it would have cost us over $15-17k a year. Im kind of scared to see what will come this year. I haven't gotten a raise in years and if this keeps up, I will literally be working just to pay our insurance. 
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| Posted 10/8/13 2:59 PM |
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jessnbrian
Only God knows His plan for us
Member since 4/13 7238 total posts
Name:
Jessica
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How has the Affordable HC Act impacted your company's insurance offerings?
Not at all.
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| Posted 10/8/13 3:03 PM |
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mrsm-2011
He is my world!
Member since 6/12 3009 total posts
Name:
Theresa
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
I keep asking but nothing so far. All I know is that my current plan will no longer exist as of 1/1/14 and I have to wait and see what plan is offered before I can go to the marketplace.
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| Posted 10/8/13 3:07 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by hopingforbaby
Not sure. My health insurance has steadily gone up 20% every year in the past 3 years and DH insurance was just changed so that it would have cost us over $15-17k a year. Im kind of scared to see what will come this year. I haven't gotten a raise in years and if this keeps up, I will literally be working just to pay our insurance.
get on the exchange as soon as it's working - I am sure you could do much better!
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| Posted 10/8/13 3:10 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
I don't offer myself health insurace- I am self employeed
I have a plan for people who pre-existing conditions that ends on 12/31/2013
I am dying to get on the exchange to shop- and I am also getting solications in the mail from health insurance companies
competiton is good in my opinion- let them be our mercy not the other way around
I also think it's time to not have people rely on their employer for something as important as health coverage unless you are in a field that you work at the same place for 20 year- teacher, cop, FDNY- the idea really doesn't work - people get stuck paying COBRA or going with out when they change jobs....the system doesn't work in todays world
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| Posted 10/8/13 3:13 PM |
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alli3131
Peanut is here!!!!!!
Member since 5/09 18388 total posts
Name:
Allison
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How has the Affordable HC Act impacted your company's insurance offerings?
Didn't change for the plan I currently have. They did add a plan but I do t have details on that one yet.
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| Posted 10/8/13 3:37 PM |
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hopingforbaby
We made a wish & you came true
Member since 2/10 2695 total posts
Name:
Me
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by Beth
Posted by hopingforbaby
Not sure. My health insurance has steadily gone up 20% every year in the past 3 years and DH insurance was just changed so that it would have cost us over $15-17k a year. Im kind of scared to see what will come this year. I haven't gotten a raise in years and if this keeps up, I will literally be working just to pay our insurance.
get on the exchange as soon as it's working - I am sure you could do much better!
Can I even if my employer offers insurance? I definitely plan on researching more before I have to enroll for 2014 because somethings gotta give!
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| Posted 10/8/13 4:39 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by hopingforbaby
Posted by Beth
Posted by hopingforbaby
Not sure. My health insurance has steadily gone up 20% every year in the past 3 years and DH insurance was just changed so that it would have cost us over $15-17k a year. Im kind of scared to see what will come this year. I haven't gotten a raise in years and if this keeps up, I will literally be working just to pay our insurance.
get on the exchange as soon as it's working - I am sure you could do much better!
Can I even if my employer offers insurance? I definitely plan on researching more before I have to enroll for 2014 because somethings gotta give!
yes- even if your employer offers insurance!
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| Posted 10/8/13 4:40 PM |
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halfbaked
LIF Adult
Member since 8/12 6937 total posts
Name:
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by alli3131
Didn't change for the plan I currently have. They did add a plan but I do t have details on that one yet.
Same here. They sent out a memo with an outline of the new option, but I'm happy with my plan.
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| Posted 10/8/13 4:41 PM |
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KarenK122
The Journey is the Destination
Member since 5/05 4431 total posts
Name:
Karen
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How has the Affordable HC Act impacted your company's insurance offerings?
Ours changed drastically. We were very lucky and paid nothing...nothing out of pocket, no co-pays no prescription costs. Now the coverage is awful.
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| Posted 10/8/13 4:58 PM |
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muffaboo
LIF Adult
Member since 12/10 3797 total posts
Name:
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
no change for me 
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| Posted 10/8/13 8:28 PM |
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WannaBeAMom11
LIF Adult
Member since 1/11 7391 total posts
Name:
Name
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How has the Affordable HC Act impacted your company's insurance offerings?
Slight increase but that's nothing new I work for an insurance company and they have the worst benefits. We have the option of going with their plan or going through an exchange. I have to read everything. I'm currently under Dh and nothing has been released yet.
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| Posted 10/8/13 8:51 PM |
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Onemoretime
LIF Adult
Member since 9/12 1077 total posts
Name:
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
We lost our PPO plan. We only have high deductible HSA now. I feel depressed over this, the deductible is many thousands of dollars. I'm on DH insurance, and thinking they will push me off , if not this year next year. It's just really disheartening, I pray none of us need surgery or get sick
I think next year is when companies will start dropping people.
Message edited 10/8/2013 9:02:28 PM.
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| Posted 10/8/13 9:00 PM |
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blue11
LIF Adult
Member since 2/11 1706 total posts
Name:
kat
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How has the Affordable HC Act impacted your company's insurance offerings?
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Message edited 10/8/2013 10:09:32 PM.
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| Posted 10/8/13 10:09 PM |
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by blue11
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Well, they COULD be an indirect result of the ACA because now companies are forced to cover pre-existing conditions and dependents up to age 26...so the cost of this has to be passed on to someone...business will most likely have to pay more for the insurance they offer their employees, so that's why they are now raising prices or dropping plans/dependents altogether.
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| Posted 10/8/13 10:22 PM |
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gdubs
This baby is awesome!
Member since 11/10 2467 total posts
Name:
Gina
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How has the Affordable HC Act impacted your company's insurance offerings?
They added a 3rd plan option in addition to the two we already have and as far as premiums to the employee we're looking at maybe a 3% increase, no more.
I think the people who are going to be most impacted by any of this will be people working for smaller employers/companies who don't get the discounts from insurance carriers that the larger companies do.
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| Posted 10/8/13 10:29 PM |
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blue11
LIF Adult
Member since 2/11 1706 total posts
Name:
kat
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by MrsDamonSalv7319
Posted by blue11
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Well, they COULD be an indirect result of the ACA because now companies are forced to cover pre-existing conditions and dependents up to age 26...so the cost of this has to be passed on to someone...business will most likely have to pay more for the insurance they offer their employees, so that's why they are now raising prices or dropping plans/dependents altogether.
Per existing coverage starts jan 1....hasn't impacted costs yet. And covering dependents was effective a couple of years ago. The problem is the cost of healthcare in general. Regardless of ACA your health insurance will continue to go up until healthcare costs get under control. It has more to do with overutilization, payment incentives, technology etc than anything else.
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| Posted 10/8/13 10:33 PM |
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Millie3
LIF Adult
Member since 7/13 1280 total posts
Name:
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by blue11
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Of course it is! Work for health insurance co , we know the expense is much higher now for the company. Pre exist condition, covering dependents for 26 years , etc. Companies are going to charge higher premiums, higher deductibles, drop coverage, drop spouses to save money and make share holders happy. Layoffs and pushing people part time has already been happening. We knew this a long time ago, it's just hard to swallow w everything else draining our wallet  in future, most people in the private sector will see these changes. insurance co are reacting first because it's obvious what will happen financially, other sectors will see in the coming year or sooner.
Message edited 10/8/2013 10:47:16 PM.
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| Posted 10/8/13 10:41 PM |
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Millie3
LIF Adult
Member since 7/13 1280 total posts
Name:
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by MrsDamonSalv7319
Posted by blue11
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Well, they COULD be an indirect result of the ACA because now companies are forced to cover pre-existing conditions and dependents up to age 26...so the cost of this has to be passed on to someone...business will most likely have to pay more for the insurance they offer their employees, so that's why they are now raising prices or dropping plans/dependents altogether.
Yes yes, you are right. It shocks me people did not see this coming.
Message edited 10/8/2013 10:49:05 PM.
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| Posted 10/8/13 10:45 PM |
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blue11
LIF Adult
Member since 2/11 1706 total posts
Name:
kat
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by Millie3
Posted by blue11
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Of course it is! Work for health insurance co , we know the expense is much higher now for the company. Pre exist condition, covering dependents for 26 years , etc. Companies are going to charge higher premiums, higher deductibles, drop coverage, drop spouses to save money and make share holders happy. We knew this a long time ago, it's just hard to swallow w everything else draining our wallet in future, most people in the private sector will see these changes. insurance co are reacting first because it's obvious what will happen financially, other sectors will see in the coming year or sooner.
My point is cost is going up regardless to blame ACA for insurance costs increasing isn't accurate - health care costs are increasing anyway and would continue to do so. And because the cost of healthcare is so expensive and out of control companies will continue to shift costs to employees and make changes to coverage to financially benefit themselves. This has been happening for years.
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| Posted 10/8/13 10:51 PM |
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gdubs
This baby is awesome!
Member since 11/10 2467 total posts
Name:
Gina
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Re: How has the Affordable HC Act impacted your company's insurance offerings?
Posted by blue11
Posted by MrsDamonSalv7319
Posted by blue11
Increases or changes in plans aren't due to the health care act - that would happen regardless. No changes for me but I would expect the only people impacted are those that work for small businesses that can now purchase on the exchange or if an employer completely drops coverage and employees have to go to the exchange
Well, they COULD be an indirect result of the ACA because now companies are forced to cover pre-existing conditions and dependents up to age 26...so the cost of this has to be passed on to someone...business will most likely have to pay more for the insurance they offer their employees, so that's why they are now raising prices or dropping plans/dependents altogether.
Per existing coverage starts jan 1....hasn't impacted costs yet. And covering dependents was effective a couple of years ago. The problem is the cost of healthcare in general. Regardless of ACA your health insurance will continue to go up until healthcare costs get under control. It has more to do with overutilization, payment incentives, technology etc than anything else.
You're right... Covering dependents to 26 started back in 2010.
As long as I have been in HR and involved in negotiating coverage and rates with carriers the cost has always gone up. How much is always the question.
Sometimes it is beneficial to the employee to be on a separate plan from their spouse, DH and I each have our own coverage. Our coverages are very similar and with him on an employee only plan and me on an employee plus child plan we are saving about $1500/year after taxes. If we were on a Family plan that wouldn't be the case. I know it isn't a ton of money and this isn't the case for everyone but I always suggest people look into it during Open Enrollment.
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| Posted 10/8/13 10:52 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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How has the Affordable HC Act impacted your company's insurance offerings?
No change for full time employees
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| Posted 10/8/13 11:36 PM |
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