To the Editor:
The recent letter to the editor by Mr. Scott Shalek (Oct. 8) brought to our attention that his Blue Cross Blue Shield premium was going to increase $210 for comparable coverage under the Affordable Care Act. I too have Blue Cross Blue Shield coverage, and I’m appalled at the increase I’m facing.
Where Mr. Shalek and I differ is that I contend that those increases are more corporate greed than attributable directly to the ACA. In a six-year period, my BCBS premiums rose 159 percent for health-care coverage. Over the course of those six years, I repeatedly raised my deductible from $1,000 to $5,000 in order to keep costs as low as possible. Increases over those years averaged 13 percent, but only because I kept raising my deductible to keep premiums affordable. If I would have left the deductible at $1,000, I’m afraid I may have been looking at an average of 25 percent annual increases.
If my customers faced a 25 percent increase in my billable rate annually, I’m fairly certain I’d have no business at all.
However, we’re at the mercy of the health-care industry that has run amok for years and will proceed to do so even under the auspices of ACA.