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Medical Insurance Aetna PPO. Please, answer me.?

Folks, My employer is charging me $280 a month for medical insurance and he keeps raising it. Do you think guys he is not fooling me?. He said this medical insurance is the best. I am not married, so this medical insurance covers me only. Please, advise?. How much you usually pay guys for a medical insurance through the employer? Thanks,

Public Comments

1. You should find out how much your employer is contributing to your insurance and call around to get some price quotes to see how much insurance would be from other companies if you paid for it yourself.
2. Employers often help subsidize the cost of the health care coverage they offer their employees. Some companies are able to pay a greater share than others. For individual coverage for Aetna's PPO and Prescription Drug coverage - I'd say that you are paying the larger portion of the cost to cover your insurance HOWEVER what you are paying is not out of line with the cost of care. Does this amount also include coverage for Dental, Vision and Disability - those aren't cheap either. PPO coverage is generally more expensive than POS or HMO - if that's an option, you might consider it next year when you select your benefits. The thing to consider when switching to POS or HMO is that you'll have a more limited list of physicians/hospitals/providers to choose from when it comes to getting your medical care.
3. You can experience several types of premium increases with a group policy. 1. General increase for inflation. 2. Policy increase due to policy experience, especially with smaller groups. This is based on how much the insurance company pays out compared to the premium it receives. 3. Employer contribution decreases. The employer does not have to pay anything for you policy but most do. The employer can decide to decrease the amount he pays which means the amount you pay increases. Whether $280 is too much depends on many factors; the type of policy, the options available, your age, your health, your weight, if you smoke, and your location to name a few. The only way to know would be to contact a local agent that works with all the major companies in your area. The agent can compare what you currently have to the individual plans to see if they can save you any money. Be aware that you can only drop your current policy during open enrollment, which occurs once per year.