The official name of Obamacare -- the Affordable Care Act (ACA) -- appears to be a cruel tactic to trick people into thinking they're going to save money on health insurance, much like early Scandinavian pioneers named the country of Greenland as a way to attract more settlers, obscuring the fact that the country is 80% covered by an ice sheet that's 1 mile thick.
After reading media articles about how rates were going to climb, I fully expected my premium to go up more than the typical 20% annual increase I've seen in recent years.
My current premium is $631.00 per month under my company's group policy, and my 2014 estimated premium is $1,596.00. That's a 152.9% increase!
Here's a snapshot of part of my statement from Blue Shield:
http://www.dailyfinance.com/2013/09/22/theres-nothing-affordable-about-my-obamacare/
After reading media articles about how rates were going to climb, I fully expected my premium to go up more than the typical 20% annual increase I've seen in recent years.
My current premium is $631.00 per month under my company's group policy, and my 2014 estimated premium is $1,596.00. That's a 152.9% increase!
Here's a snapshot of part of my statement from Blue Shield:
http://www.dailyfinance.com/2013/09/22/theres-nothing-affordable-about-my-obamacare/