Rising Cost of Health Insurance

[Dianna Vesta]

I got a letter from my health insurance company, Mutual of Omaha is telling me that my Major Medical has increased from 103.00 dollars a month to 308.00 a month! Keep in mind that I have a 2000.00 dollar deductible, I never go to the doctors and I haven’t filed a claim with them the whole 4 years I’ve been with them. The reason for the increase is “Due to rising cost of healthcare”

A few days later I get a letter from a Tampa Mutual of Omaha rep telling me that in six months they will no longer offer Major Medical and that she was contacting me to assist me in finding another policy.

What the hell? So they want to end the plan but for the last 6 months they want to charge me 200.00 more?

What insurance do you have and what type of coverage.

I also have Travelers Life Insurance which is like a whole life plan – an investment vehicle. I have disability which I highly recommend. I had a friend who broke her arm and couldn’t work for almost two months. There was other stuff wrong too but the disability kicked in and although it didn’t pay her full salary, it helped a lot.