I dont think our insurance is outrageous in price, but it is not great coverage at all.
[QUOTE=Potter75;9048759]Yes. I live in a much more expensive area than you and I think we eat slightly different diets.[/QUOTE]
Why would you assume that? Do you know what Bonita feeds her family?
Uh, because Bonita once started a "debate" in which she asked us all how much we spent/week on food because a woman in her church said that she spent like $125 to feed her family of 5 and Bonita was frustrated wondering why she was unable to spend that little. We all agreed that it was next to impossible to spend that little and the woman was either exaggerating or eating like ramen or PB&J for most meals. Bonita went through what she spent and on what. So yes, I do know what she spends and on what. We eat very differently and we live in very different areas in terms of cost. I'm not being offensive, if you don't remember that debate it isn't my fault.
We have medicare which gives us a lot of things free, my out of pocket cost when I had DS was nothing for the hospital stay of 6 days, and the hospital weren't rushing me out the door either, I had actually requested to stay another day when the baby blues hit and they were fine with that. My husband had back surgery about 5 years ago which included him having to fly to another town for MRI's (twice, he missed his appointment due to the plane getting a flat tyre once) plus flying over again for the surgery, again all at no cost as he was a public patient. The waiting periods for some procedures when you are public are longer.
I do have private health cover as well because we get stung on tax because of our income if we don't, but I am having a blank on how much it is as we have been comparing plans recently and they are all a little jumbled in my head on a Sunday morning, maybe around $250 a month for what we have chosen. We mainly use it for dental and optical as we have no private hospital in my town and I am happy going in as a public patient for birth, if we needed a surgery or something we may go private to get things done quicker, but that also requires more travel for us with no private hospital and again no choice of care provider. If we went private for everything things would not be affordable, we have to pay 55% of bills I believe (again we have been comparing lately so things are rough estimates only) and currently we have a $500 excess on hospital stays which is per person.
On a side note....if anyone gets the offer for health insurance with a high deductible paired with an HSA. Go for it. It's about as good as you can possibly get. You will have the high deductible......but if you have a fairly healthy year you won't meet it. Preventive care still free. You rollover any money from year to year in the HSA AND when you max your contribution you can cash out and put into other types of funds. All the contributions are pre tax too. Best thing I've ever seen.
All of the guesses on how much the plans in the exchanges will cost are just that right now...guesses. No one knows yet what they will cost as none of that information has been released. The insurance companies haven't even yet determined how they are going to price their exchange plans. Also, the insurers are greatly reducing their networks for the plans in the exchanges in order to be able to make them "affordable"...for example, if you buy a Blue Cross Blue Shield plan in the exchange, you will only have access to approximately 20% of the providers that someone who has a BCBS plan through their employer has. (our broker had a meeting with BCBS the other day and this is coming straight from them). The insurance companies have to find ways to still make money while making these plans affordable enough for people to be able to buy them, and these are the kinds of things they are doing to make that happen.
And wow, you guys are making me really thankful for my PPO plan. I pay max about $5,000 out of pocket per year, and that includes the $2,000 in pre-tax dollars that I elect through my FSA to cover my copays, deductibles, and coinsurance. Too bad Obama calls this a "cadillac plan" so I won't get to enjoy it past 2017 thanks to him.