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Old 11-15-2013, 08:30 PM
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whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
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Quote:
Originally Posted by mpholland View Post
December 1st, as it is every year.

That is much lower than the increases of a few years ago. I am sure we could have probably received lower rates if we wanted to increase the deductible to more than 500/1500. It wouldn't surprise me if some of the increase is due to the policy having to cover more services than it used to because of the ACA.
FYI - because your renewal is December 1, your group policy is actually avoiding the premium impact of the requirements for minimum essential coverage, increased taxes and fees, and community rating. If your company's renewal date was January 1, you'd have seen the premium impact of those changes in the paperwork you received. As it stands now, you'll not see that impact until your December 2014 renewal.

Last edited by whell; 11-16-2013 at 12:56 AM.
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