My employer has been shifting costs from employer to employee… so my portion went up more than it would have (same with last year). This accounts for a 2% increase this year.
But looking at COBRA rates -to get the actual premiums charged by the insurance company gives me a better understanding of how insurance went up… and it varied widely based on which plan.
My employer offers 3 plans that are self managed (serviced by a large provider, but the underlying insurance is provided by the employer). It also offers two HMO’s.
premium change for family coverage:
* High ded. plan with HSA – increase 5.36% YoY
* Typical 80/20 plan – 6.27% YoY
* PPO plan – 6.8% YoY
* Anthem HMO – 25%
* Kaiser HMO – 6.6%
So – Anthem jacked the rates up a lot more than the other 4 plans.
I have similar data for last year… Anthem increased 11% for 2010, compared to 5-6% for the other plans.
I suspect Anthem is losing even more customers based on this.
