Golden Rule Health Insurance Premium Increases


You might want to consider what happened to me before you buy individual health insurance from United Healthcare or Golden rule. I just got another
32% increase on my health insurance policy. I never had any medical claims on this $2500 deductible policy from Golden Rule/United Healthcare, but still it has increased in cost by over 285% in the last seven years. If these increases continue at even the current rate, at the end of the next seven years I'd be paying my future annual cost of $72,300 for health insurance.

That premium probably sounds reasonable for Stephen J. Hemsley, CEO of United Health Group, who received 169.3 million dollars in total compensation and stock options from 2007 to 2012 (as calculated by Forbes). It's also probably not a concern for Congress because the United Health Group gave them 19 million dollars in political contributions from 2007 to 2009.