Anyone gotten your new plans and seen the increases?
Been tracking my insurance plans since 2014 (although I could probably find it back to 2011 if I looked). We have 4 plans available to us.
For 2015 (over 2014):
Average price increase: 6.66%
Lowest increase: 6.61%
Highest increase: 6.68 %
For 2016 (over 2015):
Average price increase: 3.28%
Lowest increase: -0.25%
Highest increase: 7.28 %
For 2017 (over 2016):
Average price increase: 40.68%
Lowest increase: 34.87%
Highest increase: 47.99%
Interestingly enough, we have had massive lay-offs/retirements, the the pool should have gotten younger/healthier. I guess they are moving more costs to the employees this year. Joy.
~egon
Been tracking my insurance plans since 2014 (although I could probably find it back to 2011 if I looked). We have 4 plans available to us.
For 2015 (over 2014):
Average price increase: 6.66%
Lowest increase: 6.61%
Highest increase: 6.68 %
For 2016 (over 2015):
Average price increase: 3.28%
Lowest increase: -0.25%
Highest increase: 7.28 %
For 2017 (over 2016):
Average price increase: 40.68%
Lowest increase: 34.87%
Highest increase: 47.99%
Interestingly enough, we have had massive lay-offs/retirements, the the pool should have gotten younger/healthier. I guess they are moving more costs to the employees this year. Joy.
~egon