ACA 2020 pricing [What's your 2020 pricing?]

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
Post Reply
Topic Author
NewOldGuy
Posts: 158
Joined: Mon Jul 30, 2018 12:37 am

ACA 2020 pricing [What's your 2020 pricing?]

Post by NewOldGuy » Wed Oct 23, 2019 3:40 pm

Recently read an article that stated ACA national pricing is dropping 4% on average. When comparing same policy(Blueshield Silver70) in California, ours is $70/mo more and our deductible rose from $5k to $8K, and the pharmacy deductible doubled. So paying more, getting less. Sounds about right.

Chris K Jones
Posts: 251
Joined: Sat Jan 20, 2018 6:54 pm

Re: ACA 2020 pricing

Post by Chris K Jones » Wed Oct 23, 2019 3:54 pm

In my neck of the woods, Atlanta GA, it is the same story. Premium for a family of 3 is 1377 per month for high deductible plan. Up 175 per month over 2019. Deductible increases to 6850. Pay more get less. Non HSA plans are even worse. The press has decided that the market here has stabilized though, so everything is great.

curmudgeon
Posts: 1902
Joined: Thu Jun 20, 2013 11:00 pm

Re: ACA 2020 pricing

Post by curmudgeon » Wed Oct 23, 2019 11:27 pm

In my CA location, rates for my HDHP plan are up about 8% over last year. This is about 4% base rate increase and 4% for moving up in the age bands.

Our plan premium is enough below the benchmark rate that we can go up to about $60k MAGI (for two) and still have nearly 100% subsidy. From 60k to the 65k cliff we would pay about 10% of the amount over 60k. CA has enacted their own mandate/penalty, and is using this to soften the "cliff". From 400% FPL to 600% the subsidy is reduced by 20% of the extra income.

marcopolo
Posts: 2515
Joined: Sat Dec 03, 2016 10:22 am

Re: ACA 2020 pricing

Post by marcopolo » Wed Oct 23, 2019 11:50 pm

I have not dug into the details. But, the "ACA Signups" web site that seems to track the gory details of the ACA seems to indicate that the 4% decline reported in some media outlets is not correct. He provides a state by state break down http://acasignups.net/rate-changes/2020, and calculates that there was weighted increase of 0.1%, so essentially flat nationwide. Of course, that is an average, so individual experience will be different. Also remember, some portion of your increase is due you being a year older.
Once in a while you get shown the light, in the strangest of places if you look at it right.

goaties
Posts: 347
Joined: Fri Jan 29, 2010 4:15 pm

Re: ACA 2020 pricing

Post by goaties » Thu Oct 24, 2019 12:29 am

Yeah, given the incredible diversity of insurance plans, averaging the premiums of such products means nearly nothing. I got a letter from my insurer: my rates are going down a bit BUT they are making the network smaller. So, paying less, getting less! I think the same stuff is going on with non-ACA policies as well, judging by the threads I see posted here from those who still get their insurance through an employer. What a mess.

Tanelorn
Posts: 1642
Joined: Thu May 01, 2014 9:35 pm

Re: ACA 2020 pricing

Post by Tanelorn » Thu Oct 24, 2019 7:49 am

My group (non-ACA) PPO plan is going up 15% for next year, no word yet on higher deductibles, network changes, or similar non-headline costs.

“Premiums for ACA Health Plans Are Set to Drop in 2020”
https://www.wsj.com/articles/premiums-f ... 1571749200
Overall, the average benchmark premium for an unsubsidized 27-year old will drop to $388 a month in 2020 from $406 in 2019... For a family of four, the average benchmark premium will go to $1,520 a month from $1,591.
Suggests about a 4-5% drop in premiums on average.

[edited: misread the article figures earlier]
Last edited by Tanelorn on Thu Oct 24, 2019 11:50 am, edited 1 time in total.

Ron Ronnerson
Posts: 1353
Joined: Sat Oct 26, 2013 6:53 pm
Location: Bay Area

Re: ACA 2020 pricing

Post by Ron Ronnerson » Thu Oct 24, 2019 8:38 am

We’re a family of three and are insured with Kaiser in the Bay Area. In 2019, the difference in premiums between the silver and gold plans was only about $50 a month for us. In 2020, the difference is about $200/month. We’ve decided to switch from gold to silver for next year. So, deductibles will be higher for us in 2020 due to changing the plan but our share of premiums will go down.

In 2019, we estimated MAGI at $64k. We paid $225/month and received a tax credit for $1200/month.

In 2020, we are estimating MAGI at $61.5k and will pay $4/month and receive a tax credit of $1340/month. Of the tax credit, $1300 is from federal and $40 is from the state.

It is also interesting that for most people (though not for us due to the particulars of our situation) who get coverage on the exchange, California has basically gotten rid of the cliff. Instead, they’ve put a slide (not sure what else to call it) in place. So, now, if you go over the cliff by, say, a $1, you would still get most of the subsidy. It would be entirely provided by the state. The amount the state will provide goes down as income increases, until reaching 600% of the federal poverty level.

JGoneRiding
Posts: 1808
Joined: Tue Jul 15, 2014 3:26 pm

Re: ACA 2020 pricing

Post by JGoneRiding » Thu Oct 24, 2019 9:01 am

I dont know about ACA but for the first year ever our employee plan is going down. But the dependents portion went up a little so no savings.

User avatar
LadyGeek
Site Admin
Posts: 57790
Joined: Sat Dec 20, 2008 5:34 pm
Location: Philadelphia
Contact:

Re: ACA 2020 pricing

Post by LadyGeek » Thu Oct 24, 2019 4:20 pm

To keep this actionable, please provide information for your own situation.

I also retitled the thread for clarity.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

Quirkz
Posts: 226
Joined: Mon Jan 14, 2019 5:32 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by Quirkz » Thu Oct 24, 2019 4:28 pm

I'm not ACA, but my company insurance went down 6% this year. In the 12 years I've been here they've been good about managing costs and we've had a couple of flat years, but this is our first ever decrease. This is with basically no change to service.

retired@50
Posts: 658
Joined: Tue Oct 01, 2019 2:36 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by retired@50 » Thu Oct 24, 2019 4:40 pm

I've been in the ACA cohort since it began, and for the first time ever my premium went down by 1.2%. Not much, but I'll take it. Regards,

NoblesvilleIN
Posts: 82
Joined: Sat Mar 24, 2018 6:04 pm
Location: Noblesville IN

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by NoblesvilleIN » Thu Oct 24, 2019 5:56 pm

For those seeing next years prices for ACA policies, where on the healthcare.gov site are you looking? I logged on to my account today based on seeing this thread and struck out. It just says that shortly before Nov. 1, we should see the new offerings. I'm in Indiana, do other states using the federal system have prices posted?

even_stephen
Posts: 1
Joined: Thu Jul 24, 2014 9:14 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by even_stephen » Thu Oct 24, 2019 6:14 pm

2020 rates aren't currently easy to find, but CMS released public use files earlier this week that contains the rates for all plans. You can search for rates as follows:

1. Go to https://data.healthcare.gov
2. Sort by "Recently Added"
3. Select "Rate PUF - 2020"
4. Click "View Data"
5. Click "Filter" and filter by your state, age, etc.

You can find cost sharing like deductibles, copays, etc in the "Plan Attributes PUF - 2020" and "Benefit and Cost Sharing PUF - 2020" files. It's not convenient to search through all these files, but they are out there if you want a sneak peak.

PaunchyPirate
Posts: 124
Joined: Sun Nov 30, 2014 7:58 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by PaunchyPirate » Thu Oct 24, 2019 6:56 pm

NoblesvilleIN wrote:
Thu Oct 24, 2019 5:56 pm
For those seeing next years prices for ACA policies, where on the healthcare.gov site are you looking? I logged on to my account today based on seeing this thread and struck out. It just says that shortly before Nov. 1, we should see the new offerings. I'm in Indiana, do other states using the federal system have prices posted?
Try HealthSherpa.com. They have the pricing up already. They still are working on some aspects of the site, but the basic premiums and access to plan documents are there already. Healthcare.gov should have the pricing up in a day or two, I would suspect.

PaunchyPirate
Posts: 124
Joined: Sun Nov 30, 2014 7:58 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by PaunchyPirate » Thu Oct 24, 2019 7:05 pm

My Gold Plan premium for one person in Pennsylvania is rising by $30 per month ($849 to $879 unsubsidized), but my subsidy is also rising slightly (I'm still working on my income estimate to settle on my target subsidy). The deductible is rising by $100 (from $800 to $900). No change in drug coverage. PCP and Specialist co-pays rise from $20/$50 to $25/$70.

michaeljc70
Posts: 5792
Joined: Thu Oct 15, 2015 3:53 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by michaeljc70 » Fri Oct 25, 2019 12:22 am

I haven't seen all plans available for 2020 in my state yet. I did get a notice on my current plan that I can continue for around a 6% increase for 2020.

MikeG62
Posts: 2243
Joined: Tue Nov 15, 2016 3:20 pm
Location: New Jersey

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by MikeG62 » Fri Oct 25, 2019 7:44 am

In NJ. It appears that my current plan (Horizon BCBS Bronze HSA) is no longer being offered :mad:

Base rate on the BCBS Silver plan (which my wife has and I may transition into) is going up 7.1% year-over-year. This represents an 11.9% increase in the total premium once including the age factor.
Real Knowledge Comes Only From Experience

Chris K Jones
Posts: 251
Joined: Sat Jan 20, 2018 6:54 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by Chris K Jones » Fri Oct 25, 2019 8:02 am

In Georgia, Anthem has their rates online. The other ACA participants in my area do not have prices online yet. Good luck

SimonJester
Posts: 1996
Joined: Tue Aug 16, 2011 12:39 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by SimonJester » Fri Oct 25, 2019 8:20 am

Not ACA but my Megacorp insurance premium went up 19% this year.
"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." - Benjamin Franklin

47Percent
Posts: 362
Joined: Tue Oct 29, 2013 9:59 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by 47Percent » Fri Oct 25, 2019 8:43 am

If you are getting any subsidy at all, I have found that choosing a bronze level HSA is quite advantageous. It is even possible that you may end up getting the insurance for free!

The reason being, the subsidies are calculated against Silver levels, which usually see an increase year over year. The bronze levels on the other hand do not have the same level of increase, or may even go down (my empirical observation). So the subsidies end up covering a large part of the premium or may even cover the full premium.

As an added bonus, you can save pre-tax dollars in your HSA account,which reduces your AGI, which increases your subsidy.

If you are anywhere near the cliff, you should do everything humanly possible to getting your AGI under the cutoff. If that means contributing the max to 401K & deductible IRA, sure. If that means foregoing some discretionary income, sure.

talzara
Posts: 798
Joined: Thu Feb 12, 2009 7:40 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by talzara » Fri Oct 25, 2019 11:24 am

47Percent wrote:
Fri Oct 25, 2019 8:43 am
The reason being, the subsidies are calculated against Silver levels, which usually see an increase year over year. The bronze levels on the other hand do not have the same level of increase, or may even go down (my empirical observation). So the subsidies end up covering a large part of the premium or may even cover the full premium.
It is not just an empirical effect. It is a deliberate strategy used by the states to counteract decisions by the Trump administration.

If they qualify for cost-sharing, lower-income people can save money by selecting Silver plans. After subsidies and cost-sharing, the Silver plan could cost less then a Bronze plan. Since income is negatively correlated with health, the Silver risk pool is sicker than the Bronze risk pool.

The federal government stopped paying for cost-sharing after Trump was elected. However, cost-sharing still exists as an unfunded mandate. Many states have chosen to pay for it by increasing the cost of the unsubsidized Silver plan. Some states have taken this even farther by increasing the price of only the on-exchange Silver plans. Identical Silver plans are offered off-exchange without the cost-sharing surcharge.

In those states, the unsubsidized Silver plan exists only as a statistic that's used to calculate the subsidy. Nobody should be paying that price. If you want to buy an unsubsidized Silver plan, you should buy an identical plan off-exchange at a lower price. If you want to buy a subsidized plan without cost-sharing, you should buy the Bronze plan. Only people who get cost-sharing should buy the Silver plan on-exchange, but they're not paying that price.

jj
Posts: 240
Joined: Sun Mar 04, 2007 9:44 am
Location: Texas

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by jj » Fri Oct 25, 2019 11:41 am

I have been notified by my Health Insurance company that for 2020 my policy will no longer be HSA compliant because of the access to 24/7 telemedicine (I have not used this service). Meanwhile, the premium goes up 4.5% even with me losing the HSA benefit. :?
...it is madness to risk losing what you need in pursuing what you simply desire. Warren E. Buffett

jj
Posts: 240
Joined: Sun Mar 04, 2007 9:44 am
Location: Texas

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by jj » Fri Oct 25, 2019 11:49 am

talzara wrote:
Fri Oct 25, 2019 11:24 am
If you want to buy an unsubsidized Silver plan, you should buy an identical plan off-exchange at a lower price.
In my experience, the Silver plans (indeed all plans) on or off exchange are at identical pricing. I do not qualify for a subsidy but I cannot buy an ACA conforming policy cheaper than on the exchange.

This may vary by state, of course.
...it is madness to risk losing what you need in pursuing what you simply desire. Warren E. Buffett

BruDude
Posts: 3073
Joined: Thu Dec 30, 2010 12:28 am
Location: Las Vegas

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by BruDude » Fri Oct 25, 2019 11:52 am

I just ran a sample unsubsidized quote for a 50 year old couple with two teenage kids in Northern Virginia:

Cheapest plan = $1573/month with $7500 deductible from Anthem BCBS
Cheapest Cigna plan = $1672/month
Cheapest Kaiser plan = $2027/month
Cheapest silver plan = $2106/month
Cheapest gold plan = $2119/month


For a 60 year old couple with no kids:
Cheapest plan = $1880/month
Cheapest silver plan = $2518/month
Cheapest gold plan = $2533/month


Looks like another year of people buying short-term plans because the ACA plans are just too expensive....most of my remaining health insurance clients make too much to qualify for a subsidy and not enough to pay $20-30k/year for health insurance. Throw in the deductibles and you're at $30-50k out of pocket before you get anything more than preventative care. Really puts the A into ACA.

User avatar
sperry8
Posts: 1899
Joined: Sat Mar 29, 2008 9:25 pm
Location: Miami FL

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by sperry8 » Fri Oct 25, 2019 11:54 am

jj wrote:
Fri Oct 25, 2019 11:41 am
I have been notified by my Health Insurance company that for 2020 my policy will no longer be HSA compliant because of the access to 24/7 telemedicine (I have not used this service). Meanwhile, the premium goes up 4.5% even with me losing the HSA benefit. :?
That's weird. My plan is HSA compliant and I have access to TeleDoc. The plan is FloridaBlue (BlueShield).
BH contest results: 2018: #150 of 493 | 2017: #516 of 647 | 2016: #121 of 610 | 2015: #18 of 552 | 2014: #225 of 503 | 2013: #383 of 433 | 2012: #366 of 410 | 2011: #113 of 369 | 2010: #53 of 282

jj
Posts: 240
Joined: Sun Mar 04, 2007 9:44 am
Location: Texas

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by jj » Fri Oct 25, 2019 12:07 pm

sperry8 wrote:
Fri Oct 25, 2019 11:54 am
jj wrote:
Fri Oct 25, 2019 11:41 am
I have been notified by my Health Insurance company that for 2020 my policy will no longer be HSA compliant because of the access to 24/7 telemedicine (I have not used this service). Meanwhile, the premium goes up 4.5% even with me losing the HSA benefit. :?
That's weird. My plan is HSA compliant and I have access to TeleDoc. The plan is FloridaBlue (BlueShield).
Yes, the same service was allowed this year. When I look at another company's HSA plan in my 2020 offering through HealthSherpa it shows the 24/7 teledoc benefit.

I can see how such benefits might arguably make an HSA policy non-compliant though.

There seems to be some confusion here.
...it is madness to risk losing what you need in pursuing what you simply desire. Warren E. Buffett

talzara
Posts: 798
Joined: Thu Feb 12, 2009 7:40 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by talzara » Fri Oct 25, 2019 12:16 pm

jj wrote:
Fri Oct 25, 2019 11:49 am
In my experience, the Silver plans (indeed all plans) on or off exchange are at identical pricing. I do not qualify for a subsidy but I cannot buy an ACA conforming policy cheaper than on the exchange.

This may vary by state, of course.
New Jersey originally did not allow off-exchange Silver plans to charge less. This changed in 2019:
New Jersey's Dept. of Banking and Insurance did this for the first time in 2019, or at least publicly encouraged insurers to do so for the first time (see statement given to me here), and AmeriHealth and Oscar took the cue, so that unlike in 2018, cheaper CSR-free silver plans were available off-exchange. For an unsubsidized 46 year-old, AmeriHealth offered an off-exchange silver HSA plan for $359 per month; its cheapest on-exchange silver plan was $381/month. Oscar offered an off-ex silver plan at $408 per month for a 46 year old, while its cheapest on-ex silver plan was $536/month. Horizon, which dominates the off-ex New Jersey market, dropped its silver plan premiums, but offered no off-exchange discounts.

https://xpostfactoid.blogspot.com/2019/ ... -rose.html
You're using Blue Cross, which has chosen not to offer a lower-cost off-exchange Silver plan.

As with all things related to insurance, your experience may not apply to someone else. Usually it will vary by state, but in your case it even varies within a state.

Tanelorn
Posts: 1642
Joined: Thu May 01, 2014 9:35 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by Tanelorn » Fri Oct 25, 2019 1:14 pm

talzara wrote:
Fri Oct 25, 2019 11:24 am
If you want to buy an unsubsidized Silver plan, you should buy an identical plan off-exchange at a lower price. If you want to buy a subsidized plan without cost-sharing, you should buy the Bronze plan. Only people who get cost-sharing should buy the Silver plan on-exchange, but they're not paying that price.
There are also cases where medical providers have realized this and they will only accept off-exchange plans rather than exchange plans. This is because, among other things, the ACA put a lot of the non-payment credit risk on medical providers rather than on the insurance companies (like if you say you have insurance but then either had let it lapse or don’t pay your bill because it’s your responsibility since you haven’t yet met your deductible). And one things for sure in states like this - the people who don’t get subsidies are a lot more likely to pay their bills, or be collectible against if they don’t, than the people signing up for subsidized exchange plans.

47Percent
Posts: 362
Joined: Tue Oct 29, 2013 9:59 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by 47Percent » Fri Oct 25, 2019 3:57 pm

talzara wrote:
Fri Oct 25, 2019 11:24 am

It is not just an empirical effect. It is a deliberate strategy used by the states to counteract decisions by the Trump administration.

If they qualify for cost-sharing, lower-income people can save money by selecting Silver plans. After subsidies and cost-sharing, the Silver plan could cost less then a Bronze plan. Since income is negatively correlated with health, the Silver risk pool is sicker than the Bronze risk pool.

The federal government stopped paying for cost-sharing after Trump was elected. However, cost-sharing still exists as an unfunded mandate. Many states have chosen to pay for it by increasing the cost of the unsubsidized Silver plan. Some states have taken this even farther by increasing the price of only the on-exchange Silver plans. Identical Silver plans are offered off-exchange without the cost-sharing surcharge.

In those states, the unsubsidized Silver plan exists only as a statistic that's used to calculate the subsidy. Nobody should be paying that price. If you want to buy an unsubsidized Silver plan, you should buy an identical plan off-exchange at a lower price. If you want to buy a subsidized plan without cost-sharing, you should buy the Bronze plan. Only people who get cost-sharing should buy the Silver plan on-exchange, but they're not paying that price.
Thanks.. That makes a lot of sense..

One thing regarding buying outside the exchange though.. Even if there is a small chance that you may fall within the qualification range for subsidies in a given year -- either because of job loss, or under any circumstance -- you should consider the exchange plan. That way, even the premiums paid before the fact will count towards your healthcare contribution and could be offset by subsidies. With off exchange plans, those are water under the bridge.

theplayer11
Posts: 948
Joined: Tue Jul 22, 2014 8:55 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by theplayer11 » Fri Oct 25, 2019 4:07 pm

how are these numbers meaningful without knowing the yearly increase solely based on one being a year older?

47Percent
Posts: 362
Joined: Tue Oct 29, 2013 9:59 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by 47Percent » Fri Oct 25, 2019 5:22 pm

theplayer11 wrote:
Fri Oct 25, 2019 4:07 pm
how are these numbers meaningful without knowing the yearly increase solely based on one being a year older?
Hmm.. good point.

But.. I don't think 99.99% of the people are looking at this for statistics of for intellectual curiosity.
They are looking at it to find out how much it costs them specifically.
If it costs more, it costs more. It is that simple.
The reference point remains the same.. YOU.. (the intervening year be damned!)

mattsm
Posts: 193
Joined: Mon Jan 11, 2010 10:27 am

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by mattsm » Fri Oct 25, 2019 5:38 pm

On a Bronze plan I'm up 5.67% to nearly $400 in Central, TX

jmk
Posts: 523
Joined: Tue Nov 01, 2011 7:48 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by jmk » Fri Oct 25, 2019 5:54 pm

Az for 10 year old Bronze plan: price stayed same $175/month; but out-of-pocket maximum raised from $6500 to $8500. To keep out-of-pocket the same, would raise cost to $181 (2.8% increase).
Last edited by jmk on Mon Oct 28, 2019 1:08 pm, edited 1 time in total.

Cpadave
Posts: 151
Joined: Wed Nov 22, 2017 11:53 am

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by Cpadave » Sat Oct 26, 2019 8:16 am

Live in CT. The cheapest option for a family of 4 with very high deductible is $1609 a month. An increase of 9.8% from last year. We get no subsidy so this is a huge burden for us.

DetroitRick
Posts: 755
Joined: Wed Mar 23, 2016 9:28 am
Location: SE Michigan

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by DetroitRick » Sat Oct 26, 2019 12:38 pm

Gross premium for 2020 up 3.62%, entirely due to being 1 year older. This year's increase at last years age would have been 54 cents per month (!), wife and me combined. So for us, this is all age.

No change in deductible or out-of-pocket maximum, year over year (Silver Plan). Same HMO both years. Most popular ACA plan in state (about 50% of ACA participants).

Cpadave
Posts: 151
Joined: Wed Nov 22, 2017 11:53 am

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by Cpadave » Sat Oct 26, 2019 2:26 pm

Cpadave wrote:
Sat Oct 26, 2019 8:16 am
Live in CT. The cheapest option for a family of 4 with very high deductible is $1609 a month. An increase of 9.8% from last year. We get no subsidy so this is a huge burden for us.
Forgot to mention. It was up 6.9% for premium and 3% for age for a total of 9.9% increase from last year. For 2019 we spend over 30K for medical and dental expenses and not any major illness. Dental was about $8,900 (two braces and etc)

duckcalldan
Posts: 162
Joined: Tue Feb 12, 2008 9:55 pm
Location: City of Destiny, WA

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by duckcalldan » Sat Oct 26, 2019 3:42 pm

Moved this summer from VA to WA. My Bronze HSA-compliant plan was free for my wife and I after subsidies. A similar plan in WA was almost $500/month due to a very small spread between bronze plans and a pretty crappy second-lowest Silver plan. For 2020, the Silver plans seem better so Bronze HSA plans after subsidy are $60-$200. Good news.

User avatar
susa
Posts: 552
Joined: Sat Oct 06, 2007 4:30 pm
Contact:

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by susa » Sun Oct 27, 2019 8:07 am

We (MFJ, 60+) will pay about $18/mo each or $36 total monthly for a Silver plan on Blue Cross Blue Shield. The only change is maximum out of pocket went up from around $2,500 to $3,500

BCBS has two Silver plans for our area, the other would have cost $42-43/mo each or about $85 total monthly

kd2008
Posts: 592
Joined: Sun Feb 15, 2009 6:19 pm

Re: ACA 2020 pricing [What's your 2020 pricing?]

Post by kd2008 » Sun Oct 27, 2019 9:21 am

even_stephen wrote:
Thu Oct 24, 2019 6:14 pm
2020 rates aren't currently easy to find, but CMS released public use files earlier this week that contains the rates for all plans. You can search for rates as follows:

1. Go to https://data.healthcare.gov
2. Sort by "Recently Added"
3. Select "Rate PUF - 2020"
4. Click "View Data"
5. Click "Filter" and filter by your state, age, etc.

You can find cost sharing like deductibles, copays, etc in the "Plan Attributes PUF - 2020" and "Benefit and Cost Sharing PUF - 2020" files. It's not convenient to search through all these files, but they are out there if you want a sneak peak.
Most useful post of the year! Many thanks!

Post Reply