General Discussion
In reply to the discussion: Just got my ACA premium notice for next year [View all]cheapdate
(3,811 posts)My insurance premium for a traditional family coverage plan from Blue Cross Blue Shield (BCBS), with a prescription drug plan plus vision and dental is $1,150 per month. Office visits are a $30 copay. Emergency room is a $250 copay. Other procedures are 80/20 (insurance pays 80%, I pay 20%). Annual deductible is $3,000 per family member. Maximum yearly out of pocket is $5,000.
I've had essentially the same BCBS plan for about 15 years. The premiums have increased on average about 6% per year, every year, and the deductibles and out of pocket maximum have crept up steadily over the years as well. 15 years ago my premium was $480 per month.
The premium increases since the full implementation of the Affordable Care Act (ACA) have been smaller than the past average. There is more competition, and more providers and plans available now through the ACA marketplace. My existing plan is grandfathered and BCBS is still supporting it. But I'll probably get a new plan through the marketplace soon. There are plans available now that are as good or better at a lower price.