Unlucky in Coverage writes from the Southwest:
I am self-insured. I was quite pleased last year when I had a chance to purchase health insurance through the Federal Marketplace because my new plan was significantly less expensive and more comprehensive than the coverage I had previously. However, I just learned that my (Gold Plan) insurance is jumping from $399 to $508 a month – that’s 29%! I’ve been reading reports that the average rate increases are only a few percentage points but all of those studies are based on the lowest-priced Silver Plans.
After spending a few hours researching my plan options, I am afraid I am going to be stuck with the 29% increase, unless I am willing to change from the three main physicians that oversee my care. Has anyone else experienced this? I am wondering if the big increase is because I am on a higher medal plan, or perhaps it’s a regional phenomena (though overall my state reportedly did not have a significant jump in rates, at least for the Silver plans.)