For probably thirty years of more, my company and my immediate family did business with Pekin Insurance Company. My wife still has a Major Medical Policy with this company. She is at $10,000 deductible for the past 3 years. She has not come close to reaching her deductible in years so Pekin hasn't paid her back one dime. Yet, Saturday we received notice that her quarterly premiums have will rise this year from $1,082 to $1,313 effective February 1.
Is she paying to support other people who are turning in claims, don't pay their premiums, don't have insurance or perhaps excessive payments to their executives or employees? Is this governmental influence even before the planned staggering new health bill is rammed down our throats? My guess the fee premiun raise ccmes from govermental actions.
Or is she doing business with the wrong company. Any insurance people out their can give her a competitive quote. We are in the phone book.
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