Health Insurance Premium Up 7% For 2025

It’s that time of the year when company’s start their health insurance enrollment for next year and I got a big surprise when I logged on to check what the cost would be next year. The health insurance premiums went up 7 percent. This was on top of about 7 percent from the year before from 2023 to 2024.

Needless to say, these increases are unsustainable. I am a high income person but even these ever growing insurance costs are getting unbearable.

Cost Remediation Strategies

Health insurance is one of those things that everyone needs just in case so here are my top strategies for dealing with these increases.

1. I’m invested in insurance stocks and collecting dividends. I started investing in insurance companies when this insurance inflation started blowing up. I own KIE, MFC, ORI and their returns since I’ve owned them are 12%, 80%, 22% respectively. All of them pay dividends too.
2. I dropped all the optional health insurance options. The benefits package has things like legal assistance, pet insurance, hospital benefits, etc. I dropped everything except the core health insurance.
3. I’m working on my health by taking matter into my own hands, taking Zepbound to lose weight, and building a parallel medical ecosystem. I’ve already had positive results with some changes.
4. Medical tourism – My wife and I plan on traveling to Asia next year and do a full spectrum set of tests to get a complete baseline of our health before we enter retirement. The goal is to identify anything that needs to be “fixed” or treated BEFORE we retire. Here is a video of an American couple that recently did this in Malaysia and they go through the process and costs. Here is another video done in Thailand. The cost is under $1000 but in the U.S. it would likely be over $10,000.

You may be wondering why I don’t own stocks in the big health insurance companies UNH, ELV, and CI and it’s because these companies are all over valued and it is likely they will get hit with some regulatory changes because these increases are mathematically not sustainable. Increasing health, auto, and home insurance costs will end up bankrupting everybody if these increases don’t stop.

Share The Wealth

Did your health insurance premium sky rocket? If so what are you doing about it? Let me know in the comments below.