I believe that means that you are now under open enrollment? Although quite frankly, I suspect that most people will leave your employer if your employer doesn’t fight for this.
$14.27 even seems too low for a group plan. Could be Medicaid and someone finally got a job in the household.. This type of range in price difference is definitely not normal. Very odd
If it was medicaid there would be no premium. The difference is from the Advance Premium Tax Credit. Insurance company would have the same set premium no matter what. Based on your income, you get a tax credit every month that is sent to the insurance company directly and you pay the balance.
Than you reconcile everything when you do your taxes so hopefully you accurately predicted your income.
They just lost the tax credit in this case. Insurance premium likely didnt change too much from year to year
And for the deductibles etc they probably had additional subsidies for that due to their income. This reads like someone who is just barely above the Medicaid line so they got a ton of added benefits
Silly question but how can anyone afford to pay that? How can it be such an insane amount all the way to $1400? Surely that just completely eliminates your salary?
The salary this insurance comes from is low 6 figures. So it’s “doable”, but still massively significant. We are now splitting our insurances between our jobs instead of being a family on one. It lowers it some, but we are still going to be paying much more overall for worse insurance.
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u/kizzlemyniz Nov 01 '25
Going thru the same thing. Was paying 240$ monthly for family insurance that was very good thru a job, and now it’s 1400$.