There are a few factors that can impact your monthly premium bill amount:
- Your age – After age 14, your rate changes every year based on your age bracket.
- Your location - A change in the service area can be a determining factor.
- Your choice of plan
- The industry costs of health care – The industry cots of delivering care increases every year. Some of these costs are due to general inflation (the expenses of running hospitals and medical offices, as well as wages and benefits for providers – physicians, pharmacy, laboratory, etc.). In addition, new and more costly technology and medications are continually being introduced, which can affect premium costs.
Note: For members with a Kaiser Permanente Individual and Family Plan purchased from a health insurance exchange, your eligibility for subsidies can also impact your monthly membership payment. For members eligible for federal subsidies, the cost is set by a percentage of your income and is not tied to the overall rate for the plan.