Quote:
Originally Posted by Lady Blue
Poor pooh. And in the end the bossman still didn't get it, did he? 
I'm wondering what the new definition of AFFORDABLE is supposed to mean in the context of the ACA. Our company is renewing our health coverage a month early (Dec 1st instead of Jan 1st in order to keep the cost increase down to ONLY 53% (which has nothing to do with our experience rating). If we waited until Jan 1st, the increase cost because of the ACA would be OVER 65%.  It's insanity!  |
We're looking at a 56% increase - and also looking at a Dec renewal to try & bring it down to human levels.
Businesses are being used to fund the coverage of the non-insured population. It IS insanity!
My boss considered dropping coverage and throwing the employees onto the (non-functional exchange) - but I gave him a spreadsheet showing that only 5 employees could afford an individual policy.