For the last 6 months I have had health insurance, but I have decided that I no longer want this expensive thing.
When I last had health insurance it was costing me about $50 a paycheck, now that the “unaffordable Health Care Act” has been passed the insurance companies have jacked the rates right out of affordability.
The rate that they were going to charge me for the lowest level was $122.40 a paycheck or about $245 a month. A rate increase of $36.88 or 43.12%.
I am not going to work for free for 13.6 hours a pay period just to have something that I barely use.
Looking at my recent check stub, 8.71% of my income is going to health insurance and that is not even compared against net pay, that would be 10.72%.
Technically I will be uninsured for 6 months out of the year, but the first 3 do not count.
I am keeping my vision and dental insurance though.
Posted in Work by Arkayn
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Now it looks like the nice company wants to keep my last month of premiums paid as they terminated coverage on August 31st even though they already took out the money for this month from my 2 pay checks.
Got a reply from my company, I should be getting my premiums back on my next check.