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John Smith
12-26-2011, 08:27 AM
I hope all of you who have health care will let us know what your premiums for 2012 do relative to what they've done in the past. My Federal Blue Cross; my share is going down slightly. this is a first.

I'm curious to hear if other plans are staying the same, going down, or if the increases are less than usual.

Is my situtation a freak, or is this pretty much industry wide?

John Smith
12-26-2011, 08:48 AM
There is language in the bill aimed at reducing our premiums: they are required to spend, I believe 85% of their total revenue, on benefits. No one, to my knowledge, explained how the mechanics of this would work, as it's pretty impossible to accurately predict what the benefits will cost during the year, so it is feasible that they would over estimate and refund the excess.

It will be intersting to see the coming responses. I'm hoping those who have similar experiences to ours won't consider not posting out of it making Obama look better.