Sorry, this is a little long, but it goes through what has happened to my premium since Obamacare regs started.
NOTE; No Obamacare regs, first two years.
BLUE CROSS Policy Family of 4, $2,500 Deductible
2-01-09 $720
Yearly Premium
To $8,640
7-01-09 $720
I received notice my premium was increasing to $825 per month.
This is $9,900 per year. I needed to do something.
To lower my premium I raised my deductible to $10,000.
This decreased my premium to $376 per month.
Saving my $5,388 per year. (crazy reduction)
8-01-09 $376
TO Yearly Premium
$4,512
5-01-10 $376
Received a 7.7% premium increase
6-10-10 $405
TO Yearly Premium
$4,860
5-01-11 $405
Received a 8.1% premium increase
6-01-11 $438
To Yearly Premium
$5,256
5-01-12 $438
OBAMACARE REGULATIONS START---Received a 19.4% increase
6-01-12 $523
TO Yearly Premium
$6,276
5-01-13 $523
MORE OBAMACARE POLICIES---Received 21% increase
6-01-13 $633
TO Yearly Premium
$7,596
3-01-14 $633
Dropped my daughter off policy, Premium reduction of $89
4-01-14 $544 Policy is now for 3 people
5-01-14 $544
6-01-14 $544
7-01-14 $544
MORE OBAMACARE POLICIES---Received 18.8% increase
8-01-14 $646
Yearly Premium
$7,752
Note if my daughter was still included premium would be
$8,952
At this time BLUE CROSS wants me to choose an Obamacare policy.
The cheapest ObamaCare premium is $1,142 per month or $13,700 a year.
Just 25 months ago I was paying $438 per month or $ 5,256 a year.
My policy has a $10,000 deductible. Obamacare has a $12,500 deductible.
After I pay my $10,000 almost everything is covered 100%.
I wrote all of the above in July of 2014.
Today I did a check on Healthcare.gov, a policy equivalent to what I have is $13,500.
The generous hardworking Taxpayers will subsidize me with $9,360 to reduce my cost to $4140.
This would save me $4,308 a year.
I have not went on Obamacare, my doctor doesn't accept it, I don't want the wellfare check,
I don't want it to succeed, and I think the subsidies will rise over time.
I have a price were I will be bought, but I'm not there yet. If I was retired and dropped my income to $40,000,
my ACA premium would cost me $41 per month.
Why should an ACA policy cost $13,500 when an equivalent private policy from the same company costs me $7,752.
Regarding the subsidy, If half of US families took Obamacare, 62 million with an average subsidy of $10,000
That would be a cost to the hardworking taxpayers of $620,000,000,000 or 17.7% of the Federal tax revenue.