Michael J. Perry, Lancaster, PA   Relo Specialist (KW Elite )

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Rainmaker
883,287
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I have mentioned many times that Obamacare is the silent plague that WILL send many into bankruptcy.

My existing policy, the only one I can afford would have me pay $16,000 out of pocket before they pay the first dime. Next year the premium will increase so much I am seriously considering paying the penalty and putting ink on my body reading DNR.

Are you aware that Canadians visiting the USA are required to buy an Obamacare health insurance policy for the duration of their stay. As you point out that can be $1500 a month per person. Maybe it is insurance costs, not the exchange rate, that is  why our neighbors to the north are wintering elsewhere.

When taxpayers pay the healthcare costs of all of Hillarie's Syrian refugees,  the magnitude of this transgression will become much clearer.

Oct 24, 2016 11:02 PM
Rainmaker
551,224
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Through the roof!  The cheapest plan is now almost $1300 a month for my husband and me with $7150 deductible and $70 co-pay. No more HSA as well. These costs will really impact home buyers. Will they qualify for a loan with this increase in health insurance?

Oct 25, 2016 12:25 AM
Rainmaker
1,398,858
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

That is what happens when we let government have control of our everyday lives!

Oct 24, 2016 11:08 PM
Rainmaker
415,391
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, GRI,SFR, REALTOR®

Michael,

I pay out of pocket and still pay the penalty, something is so, so, so wrong.

If someone does pay, there should not be a penalty.

Oct 24, 2016 11:59 PM
Rainmaker
863,041
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Michael, we will not find out until November 1st as United Health Care has canceled our coverage for 2017 as they are pulling out of Indiana.  (This is our second policy we have had canceled in the last three years).

The sad truth is that only the 15% of Americans who are self-employed with no spouse covered through their work are paying the brunt of the Affordable Care Act through the individual mandate.  It is brutal out there as our coverage has gone from $450 per month for a family of four before the ACA to $1308 per month for my wife and I for 2016.

Unless there is CHANGE in this election this will go on until the large corporations and small businesses start dropping their employees and forcing them onto the exchanges as it is cheaper for them to pay the fine for not covering employees.  ( Which by the way, our US Justice Department has said will happen with 35-75% of employers by 2018.)  

 

 

Oct 24, 2016 11:59 PM
Rainmaker
507,733
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

That's scary.  How could one afford almost $2k in health insurance cost per month? I'm covered under my husband's health benefit but if I don't have it, I'll probably look for a job so the employer covers it. 

Oct 24, 2016 11:44 PM
Rainmaker
2,635,227
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Being forced to participate or pay a penalty for all this if you don't enroll is the insult. The injury is the amounts required even if you don't use it and if you do, the deductibles, small print and double talk, waiting times etc. are overwhelming and distasteful to boot. I have seen the medical systems up close. Full of over billing, unnecessary procedures & lots of waste, and false attention.... they remain a burden almost like a sickness unto itself

Oct 24, 2016 11:40 PM
Rainmaker
916,373
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Don't worry, when Hillary gets elected as Queen of America - we won't have enough money to pay the fine of NOT having insurance so we'll all be homeless or in paupers prison

Oct 24, 2016 11:24 PM
Ambassador
3,729,848
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It gets worse! No real numbers till after the election.

Oct 24, 2016 10:55 PM
Rainmaker
468,799
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Ours is going up over $400/mo. Plus car and home insurance also making a significant increase - insurance is out of control.

Oct 24, 2016 10:54 PM
Ambassador
5,366,352
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have always suggested to my staff that marrying a person with a good govt job is a good idea.

Oct 24, 2016 11:42 PM
Rainmaker
3,322,796
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

An agent I am working with on a sale told me they will have to pay $14,000 out of pocket next year before insurance kicks in. There is nothing affordable about that

Oct 24, 2016 11:37 PM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

It is not a pretty picture

Oct 24, 2016 11:24 PM
Rainmaker
4,166,296
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Covered by Medicare and a supplement!

Oct 24, 2016 10:36 PM
Rainmaker
4,065,740
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

The need to stay healthy becomes even more important...

Oct 24, 2016 10:32 PM
Rainmaker
4,064,122
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Being well over 65 years of age, I'm "lucky" as I'm on medicare and additional coverage premium isn't bu $25/month. But been hearing lots of horror stories.

Oct 24, 2016 10:31 PM
Rainmaker
1,716,606
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I see in my crystal ball:  Medical bill bankruptcy will be on the rise because people can't afford health insurance.   

I have not received my Open Season packet or a new premium notice on my current plan yet. 

Oct 25, 2016 12:39 AM
Rainmaker
5,571,411
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the beauty of being older than 65 is Medicare....and for that I'm thankful....

6 years ago, blue cross blue shield's best program cost ME $1,750/month....and I never used it... that same program must be $2,500 for an individual now.

Oct 25, 2016 12:15 AM
Ambassador
4,560,528
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Thankfully at the moment I am covered under my wife's policy. But when that ends...

Oct 25, 2016 12:02 AM
Rainmaker
846,420
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

More people will just go without health insurance.

Oct 24, 2016 11:31 PM
Rainmaker
759,996
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

We're on my husband's plan and that one stinks too!  We pay over $1k a month & are bracing ourselves for yet another ridiculous increase.  God (please) Bless America... cause we need it!!

Oct 25, 2016 09:49 PM
Rainmaker
1,105,545
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

When an Act is implemented with the catch phrase "you have to pass it to read it" it definitely isn't going to have a good result. Premiums are one aspect, however, rarely do you hear about the deductibles mentioned in the same sentence. I've been saying see what happens in 2017 since the ACA's passing. 

Oct 25, 2016 12:25 AM
Rainmaker
1,216,691
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

We've been covered by Virgin America the last 5 years. 

Oct 24, 2016 11:29 PM
Rainmaker
1,149,509
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

OK here but.....

For the same reason many young agents have taken benefitted job leaving oldies envious of their free 3 meals, perks, massage stock option free. One brand new agent got a paid benefitted buyer agent job flying in a private airplane showing homes. The bus tour gimmick loses its interest. The affluent wants more.....

Many workers at Twitter near here need to find an insurance provider. Retrench time again.

Oct 24, 2016 11:23 PM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Shop for competitive plan

Oct 24, 2016 10:53 PM
Rainmaker
4,893,310
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have seen a few on FB post their payments are increasing substantially.  Think we shall see quite a few paying the penalty.  SAD

Oct 26, 2016 06:36 AM
Rainmaker
1,157,485
FN LN
Toronto, ON

In Canada, we pay through our taxes.  Many Canadians also purchase private health insurance or receive it through their employers.  It covers things not covered by government health insurance.  Many also purchase private outside of your province and outside of Canada health insurance policies.

Oct 25, 2016 09:53 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

All we can be told until Nov. 1 is that it is going up as much as 67%.

I expect mine to go fron $495 with a $6800 out of pocket to about $750 with a $10,000 out of pocket.

Don't kow for sure , but it would not surprise me.

 

Oct 25, 2016 10:38 AM
Rainmaker
2,401,919
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Thankfully I do not have to participate in it. My hubby is retired military and we use Tricare.

Oct 25, 2016 10:04 AM
Rainmaker
864,358
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

With these rates, it might be cheaper to just pay the penalty and save the $2k/year for the medical expenses.  Crooked system.

Oct 25, 2016 05:27 AM
Rainmaker
524,936
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

This is outrageous!

Oct 25, 2016 03:17 AM
Rainmaker
4,433,683
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It always goes up

Oct 25, 2016 02:25 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Medicare is stable and I haven't seen what my supplemental insurance will be for 2017.

Oct 25, 2016 01:30 AM
Rainmaker
3,614,574
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Thankfully I'm on Medicare

Oct 25, 2016 12:47 AM