Posted on 11/16/2015 11:54:20 PM PST by Brad from Tennessee
It’s why we no longer have health insurance. The deductible makes it a very bad deal. And we’re both almost 62.
We are Christians. We welcome going home when Christ calls. And He’ll take us when He’s good and ready, with or without insurance.
I guess this would be a big deal if this life was all we believed we had.
BTW, health care is pretty cheap when you don’t have insurance. The discounts are huge! Up to 80%.
Remember the statement Obama issued after signing the law? He basically said the world didn’t end. Well, of course not, nothing had taken effect yet! Just his usual mocking and condescension.
That sounds very much like what I found. I’ll be eligible for Medicare in several years, so I can hope to “survive” economically & medically until then. But my wife is much younger & we have a child...
In some ways we were better off when I was laid off & on our state’s version of Medicaid.
It’s not as if they weren’t warned!
Well, maybe not “much” younger...
But it covers your mammograms, birth control and abortions. (And for you guys, appropriately enough, as many sigmoidoscopies and vasectomies as you want for free!)
We have Blue Cross Blue Shield through a very large corporation. Our deductible the last 2 years has been 3000. Out of pocket 5000. And because he has a good salary, it’s still not quite enough to get a tax deduction for medical expense. Next year nothing will go up. Because of his chemo we just met our out of pocket 2 weeks ago. So we’ll have some financial relief for 2 months. Because of cancer. That sounds so screwed up. Plus we are looking at what medicare will cost and he sees he is better off working as long as he can.
Can you explain how medicare costs $500 a month with a 3K deductible?
Part A is going up to about 150.00 a month. Part A is just for hospitalizations. When you get Part B C or maybe D it adds up quick. And with the govt in charge of the medicare advantage programs, they have been raising the deductible and out of pocket.
Catastropic for a guy making 25,000 a year is different than for one making 80,000 a year.
Most Americans, iirc, have less than a paycheck’s worth of money in the bank. So, to pay a $3000 deductible, they’d have to put it on their credit card. The monthly payment then would effectively raise their monthly premium, and they’d still have the 3000 deductible + inflationary increase the next year.
So, they’ll gradually get deeper and deeper in the hole.
The only workable system is the same as with auto insurance...purely private. The companies will figure out what product at what price will deliver the coverage that people will buy. Or they’ll go out of business.
cost of my doctor before Obama, 169.....cost of my doctor after Obama 423
Doesn’t take me no time to reach the out of pocket max for a family ....but my cost of healthcare has more than tripled.
I agree. Paying 10% of my modest salary for a plan which doesn’t pay anything until I have paid another 20% before the costs are covered is illogical.As with just about everything the Deemocrats have made law the past few decades it does the opposite of what it is called and they told us it would do.
“IMO deductibles should be high, the purpose of insurance is to pay for catastrophic medical bills”
That was true when said policies had low premiums, that went down the toilet with Odungacare.
Thanks for the response. The reason I asked is because I have medicare and part D. My premium right now is $105.00 a month. I don’t carry any other medical insurance so I pay the 20% that Medicare doesn’t cover.
There was just an announcement a few weeks ago about Part A going up. Something like 150 a month.
Good catch.
His depraved hatred for America...and Americans...was never more apparent.
>> share the experience of the cost share plan?
Sure! If we end up going that route, be glad to.
We have very expensive private insurance for now but I checked the CoveredCa exchange and what they came up with was very close to what you just explained. We would have to pay over 1/3 of our income in premiums, deductibles, and out of pocket every year for a health crisis. No way that’s affordable.
We have participated in one, Samaritan Ministries, for going on 2 years now. Had one “claim” - an ER visit that was paid by members no problem. Very, very happy with the service - it’s a wonderful thing to know that people you don’t even know are praying for you AND sending you money. You also get the pleasure of doing the same for them.
It requires faith that it will work to step away from the insurance table though, and there are some pre-existing conditions that they don’t cover. It pays to do your research. We combine Samaritan with membership in a direct care physician practice and are very happy with that combination. Costs us together for 3 people about 575.00 monthly.
Mrs. AV
“We would have to pay over 1/3 of our income in premiums, deductibles, and out of pocket every year for a health crisis. No way that’s affordable.”
The ACA is simply an extremely inefficient wealth transfer scheme.
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