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My Insurance Premium Just SKYROCKETED! 😱 Here’s What You Need to Know!

  • Eric Ong
  • Feb 13
  • 1 min read

https://www.instagram.com/p/DFw-NKWpiin/ Last year, my health insurance premium was $580. This year? I opened my bill and nearly fell off my chair—it had SHOT UP by 40% 😳

If you've ever felt the sting of an unexpected premium hike, you’re not alone. Insurance companies adjust rates for various reasons—rising healthcare costs, claims history, or just... because they can.

So what can we do?

Review your policy – Are you overinsured or paying for unnecessary add-ons? Compare alternatives – Sometimes, switching providers or adjusting coverage can help. Negotiate – Yes, you can call and ask for better options! Consider higher deductibles – If you're healthy and rarely claim, this could lower costs.

The worst thing to do? Ignore it and just pay up. Take control of your finances—because if we don’t, someone else will.

Have you experienced a shocking price jump like this? Share your thoughts below! 👇

 
 
 

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