Totally correct. Several times I had ideas that I wanted to pursue via creating a startup company. But, with wife and young child, the cost of insurance prohibited me from leaving my job
Additionally, several times I wanted to change jobs to smaller, riskier companies but either the cost of paying the deductible again in the same year or the quality of coverage was so different as to make the change a non-starter
Thanks for this. This isn't just some partisan hype. My wife and I are in the same boat, and have been calling our Congressman regularly to do something about it.
This affects workers who don't get their insurance from their employer, including:
- Independent building trade contractors (electricians, plumbers, general contractors, etc.)
That explains what I saw in the news yesterday. I already pay $24,000 per year for health insurance via Washington State's marketplace (albeit for a gold plan). >>>>>>>"By Jessica Fu
Seattle Times business reporter. Health insurance companies that sell plans in the individual market are requesting to increase their rates by an average of 21.2% in 2026 to brace for higher costs and subsidy cuts. The rate, one of the highest hikes in years, could push many in Washington to opt out of coverage altogether."
Totally correct. Several times I had ideas that I wanted to pursue via creating a startup company. But, with wife and young child, the cost of insurance prohibited me from leaving my job
Additionally, several times I wanted to change jobs to smaller, riskier companies but either the cost of paying the deductible again in the same year or the quality of coverage was so different as to make the change a non-starter
Thanks for this. This isn't just some partisan hype. My wife and I are in the same boat, and have been calling our Congressman regularly to do something about it.
This affects workers who don't get their insurance from their employer, including:
- Independent building trade contractors (electricians, plumbers, general contractors, etc.)
- Entrepreneurs starting their own business
- Realtors
- Local independent accountants
- Local independent attorneys
That explains what I saw in the news yesterday. I already pay $24,000 per year for health insurance via Washington State's marketplace (albeit for a gold plan). >>>>>>>"By Jessica Fu
Seattle Times business reporter. Health insurance companies that sell plans in the individual market are requesting to increase their rates by an average of 21.2% in 2026 to brace for higher costs and subsidy cuts. The rate, one of the highest hikes in years, could push many in Washington to opt out of coverage altogether."