Dragged down by insurance premiums

Published 9:53 pm Thursday, July 20, 2017

To the editor:

Every year, Blue Cross Blue Shield increases its premiums, taking a big chunk out of our measly raises. My net income this year is less than last year.

I’m also still angry about the ridiculous increase in premiums for long-term care. And my auto insurance premium just went up 30 percent in one year.

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I believe insurance companies should do a better job managing their assets. I’m not getting raises to offset these increases, that’s for sure.

Jim Layton