General Discussion
In reply to the discussion: Just got my ACA premium notice for next year [View all]RussBLib
(9,019 posts)Humana raised it's total premium by $74.12, which is a 14.7% increase in their total premium, and that is a big increase.
But that same $74.12 is the exact difference between your 2014 subsidized premium and the 2015 total premium using the same subsidy amount that you received for 2014. I imagine that Humana cannot know what your 2015 subsidy will be. If Humana increases their total premium by 14.7%, then I would hope (and expect) that your 2015 subsidy might increase by a similar amount so that your new subsidized premium is not dramatically higher.
If your subsidized 2014 premium increased by a similar 14.7% increase, your new 2015 subsidized premium would be around $31. Hopefully you could afford a $31 premium.
You will simply have to wait until you can see what your 2015 subsidy will be before stating with confidence exactly how much your subsidized premium will be.
The letter is actually very clear, but it is still rather misleading at the same time. They should state something clearly like, "We do not know how much of a subsidy you will receive for 2015, but if you get the exact same subsidy for 2015 that you got for 2014, your new subsidized premium will be $101 (and change)."
So how likely is it that the subsidy from one year to the next will NOT change? We don't know. The ACA does not have much of a track record yet. The letter can be rather shocking until you think carefully about it.