Up 57% in Two Years. Thank You ObamaCare!
It's that time of year again, when my small business renews it's healthcare insurance plan. Last year my premiums went up 25% "to comply with provisions of the recently enacted Patient Protection and Affordable Care Act." This year, for the same policy coverage my premiums are only going up 19% (to almost $15,000 for two adults in their early forties and three young tykes under 10). So that's a 57% increase in premiums in two years. Gotta talk it over with the lovely Mrs. Baseball, but I'm thinking we're almost at the point where it is better to self-insure. Thank you ObamaCare.
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