Post your medical premium nightmares here (1 Viewer)

[Brunell4MVP]

family of 4.  self-employed.  Non smokers.  Never any medical problems.

• Before Obamacare:  $575/month
  
• 2017:  $1,612/month (for worse coverage)
  
• 2018:  $3,649/month (for even less coverage)
  

We're out of workers to let go over this debacle, so not sure where to go from here.  

 

[James Daulton]

family of 4.  self-employed.  Non smokers.  Never any medical problems.

• Before Obamacare:  $575/month
  
• 2017:  $1,612/month (for worse coverage)
  
• 2018:  $3,649/month (for even less coverage)
  

We're out of workers to let go over this debacle, so not sure where to go from here.  

At this point you're much better off paying out of pocket.  How could the cost of insurance possible be so high for 4 healthy non-smokers? 

 

[Brunell4MVP]

At this point you're much better off paying out of pocket.  How could the cost of insurance possible be so high for 4 healthy non-smokers? 

I have no idea.  But we are required to have medical insurance by law. 

The cheapest option available to our family in our area this year will be @ $1,350/month.   It's awful and none of our docs are on it.  But this is what I'll pay for what you are talking about ... pay as we go and some basic catastrophic coverage.  The max out of pocket on this plan is around $36,000.  So I guess if we go over that, we're covered to a certain extent.

 

[Punxsutawney Phil]

Try and call that price gouging phone number from when the hurricanes hit.  Maybe they can help.

 

[James Daulton]

I have no idea.  But we are required to have medical insurance by law. 

The cheapest option available to our family in our area this year will be @ $1,350/month.   It's awful and none of our docs are on it.  But this is what I'll pay for what you are talking about ... pay as we go and some basic catastrophic coverage.  The max out of pocket on this plan is around $36,000.  So I guess if we go over that, we're covered to a certain extent.

You'd have to have a pretty significant hospital stay to ring up a $40k bill.  I'm on my employer plan so I have no idea, can you only buy from 1 insurer?  What would happen if you can't pay the premium?  Something doesn't smell right. 

 

[belljr]

You'd have to have a pretty significant hospital stay to ring up a $40k bill.  I'm on my employer plan so I have no idea, can you only buy from 1 insurer?  What would happen if you can't pay the premium?  Something doesn't smell right. 

Was in hospital for 1 Day bill was 23K negotiated insurance rate 1800  

 

[James Daulton]

Was in hospital for 1 Day bill was 23K negotiated insurance rate 1800  

lol, such a freaking stupid and antiquated system we have.  

 

[Soulfly3]

I hand my OHIP health card to the receptionist.

I then hand my employer benefit card, to get a private room.

And then I go home, and my bank account looks the same.

-------------------

This needs to be posterized, for distribution in the US.

 

[sublimeone]

I hand my OHIP health card to the receptionist.

I then hand my employer benefit card, to get a private room.

And then I go home, and my bank account looks the same.

-------------------

This needs to be posterized, for distribution in the US.

I wonder what the effect on medical advancement would be if the US went to a single payer system. I imagine the United States is the main profit center for medical technology companies and drug producers around the world. Sort of like how the US subsidizes the rest of the western world militarily I imagine it's sort of the same for medical technology.

ETA: the premium jump for my small business just skyrocketed - just emailed our broker telling him we need to look at some other options.

ETA2: Any carrier recommendations? We are currently with BCBS

 

[Big League Chew]

Just had a 38k hospital bill

out of pocket I owe $530 

 

[coyote5]

You'd have to have a pretty significant hospital stay to ring up a $40k bill.  

Not really.  Our median charge last year for an inpatient stay was about $37k.  Now, what are the odds you're going to have a health event requiring a hospital admission?  Probably very slim, but if you do, hoooooo boy.

 

[Cjw_55106]

At this point you're much better off paying out of pocket.  How could the cost of insurance possible be so high for 4 healthy non-smokers? 

My father's went from $4000 a year to $8900 and now $16000. He's 64 and his wife is about 55. He's retired and his employer still pays $23000 a year for him. 

So, it sounds like the total cost is about $40k a year. That's with a $4000 deductible. 

 

[James Daulton]

My father's went from $4000 a year to $8900 and now $16000. He's 64 and his wife is about 55. He's retired and his employer still pays $23000 a year for him. 

So, it sounds like the total cost is about $40k a year. That's with a $4000 deductible. 

What about the people who can't pay $16k per year?  I really had no clue it was so bad.  

 

[Binky The Doormat]

Retired. Will pay $13.2K in premiums this year with Aetna on company retiree plan.  $1,500 deductible - $50 max prescription.

It keeps going up each year like everyone else's.