Wednesday, July 30, 2014

Medicare enrollment

I am now registered for Parts A and B. My Medicare Exchange says they will help me find health insurance for my non-qualifying family. We will see.

Thursday, June 5, 2014

ACA and age based premiums

My small organization recently received new health insurance rates beginning July 1. Our rates went up 29%. Health insurance for me and my family (before cost sharing) will cost $32,000 per year! Blue Cross tells me that this is because of the Affordable Health Care Act which requires that all small business plan premiums be exclusively age based. I turn 65 in October and am planning on enrolling in Part B Medicare. I will then have my wife purchase individual plans for herself and our two boys age 13 and 14. This will cost $10,000 less. There is something wrong here.