I think I am pretty good at turning those old lemons into lemonade, but I may have just hit the wall. I received a letter last week from my health insurance company, telling my that because of the rising cost of health care, blah, blah, blah, my monthly premium would be going up come January 1st. Well great, I had been meaning to call them anyway, to find out if the policy I have been on was really the best and were there any better options for self employed people, like ourselves. I was told that, if I wanted to change at all, because of my pre-existing condition, there would be a wait time for coverage of nine months, really NINE DAMN MONTHS! are you kidding me? O.K. forget that then, just tell me what my new monthly premium is going to be, because I can barely manage the $669 I pay now…….wait for it……….$811………….”Holy bandaids Batman”
What am I to do? How can this be legal. I have had a couple of good friends tell me to file bankrupcy and to hell with the bills, but, honestly, that does not feel right to me. Perhaps this is the new way of dealing (actually not dealing) with your personal debt, and sure, I could make that payment a lot easier if I didn’t have all the other medical bills to deal with, but, the insurance has paid for thousands of those dollars and I feel responsible for the remainder. I think that if this filing bankruptcy business is a rife as it sounds, that is probably causing the insurance companies to raise their rates even more. A vicious circle I just do not know how to get out of. I wonder what you think of this whole mess and what you might do.