Don't know / Not sure
However, that was your employers choice.
My husband is self employed and a small business owner. His pays for employees ( under 50 ) and the spouses are children are allowed to be on the plan.
I know insurance is expensive and ours has increased by leaps and bounds in the last 40 years but the upwards cost is starting to slow down.
From the article I linked.
Total Medicare spending per enrollee grew just 0.7% in 2012, even slower than the 2.5% growth rate in 2011, economists in the CMS Office of the Actuary reported this month. ( 2014)
That the rate of healthcare costs would slow down.
And it seems to be starting slow down.
Update from this article:
The Bureau of Economic Analysis (BEA) first estimated GDP growth for the first quarter of 2014 to be 0.1 percent on an annualized basis. Then a revised second estimate was made, which indicated a decline in GDP of 1.0 percent on an annualized basis. Finally, on June 25 a second and final revised estimate of a 2.9 percent decrease on an annualized basis was released.
While revisions to initial estimates of GDP growth are not uncommon, one aspect of this second revision was, indeed, uncommon. Nearly two-thirds of the second downward revision (1.2 of the 1.9 percent) was attributed to health care spending being substantially lower in the first quarter of 2014 than was originally forecasted by the BEA.
From this article:
National health spending will increase modestly over the next decade, propelled in part by the gradual rebound of the U.S. economy and the growing ranks of Americans who became insured under the health law, government actuaries projected Wednesday.
But those growth rates are not as high as what the country saw for the two decades before the Great Recession crippled the U.S. economy at the end of 2007, according to the report from the Centers for Medicare & Medicaid Services Office of the Actuary and published in the journal Health Affairs.
The actuaries estimate that health spending grew just 3.6 percent in 2013, the fifth year of historically low rates of spending growth. But it will accelerate to 5.6 percent in 2014. They also forecast that the average growth rate for 2015-2023 would be 6 percent. That is up just slightly from last year.
Now, was that the plan from the start? Many think so...And if it is, and our government is going to do it anyway, then get on with it I say....What is the need to make people like me go bankrupt before they act?
Here is a link with 8 charts that help explain why healthcare costs have exploded since the 1960s.
8 Charts That Explain the Explosive Growth of U.S. Health Care Costs
Not at all - when it comes to the matter of whether or not we want government impacting these decisions, discussion of the IPAB is relevant.you are still trying to derail this thread with a non existent board.
“If we must have an enemy at the head of Government, let it be one whom we can oppose, and for whom we are not responsible, who will not involve our party in the disgrace of his foolish and bad measures.”
- Alexander Hamilton. Spiritual father of #NeverTrump
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"
Cicero Marcus Tullius
Our health insurance is non group since my hubby does not have enough employees to get group insurance.
The insurance costs have been going up for 40 years.
Many people who have had health insurance through their employers did not notice until this past decade because employers use to pay the whole cost or the majority cost of the health insurance for their employes but in the last decade more and more employers are asking their employees to share the cost of the insurance.