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The pre-ACA rate was $250/month for one working person. ACA plus inflation doubled that to $500/month, which is out of the reach of flyover country blue-collar
by redis_mlc 6y ago
The pre-ACA rate was $250/month for one working person. ACA plus inflation doubled that to $500/month, which is out of the reach of flyover country blue-collar wages.
For planning purposes, use $500-$1,200/month for a young single person now.
Historically it goes up around 20% per year, so I'm sure HN readers can do the Rule of 72 in their heads and realize where this is going.
- lotsofpulp 6y agoThis is false. Health insurance premiums for HDHP should be around $500 at most for a young person in the highest cost of living areas of the US. As a reference, these are the monthly premiums in NJ: https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcrates_2020.pdf https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcra...