Buying Health Insurance - Infuriating

[Rumline]

Many of my friends are the same boat with a high deductible (as are we). What I've discovered talking to them over drinks is that a significant health event would still mean bankruptcy (or at minimum be financially devastating to them) because they don't have the funds for the deductible.

Not just the deductible, but the out-of-pocket maximum. Even after you meet the deductible, a lot of plans still require 10-20% coinsurance until you hit the out-of-pocket maximum.

ETA: if you have a high-deductible health plan, you really need to also have a Health Savings Account (HSA) and be maxing it out, or at least making solid contributions.

[Shooter45]

I used to pay $50 a month for international health care for work and another $5 for dental. I now pay $350 a month and skipped on dental as that is another $100 a month. Of course if I was unemployed and on food stamps I'd get it all for free...

[brutal]

I used to pay $50 a month for international health care for work and another $5 for dental. I now pay $350 a month and skipped on dental as that is another $100 a month. Of course if I was unemployed and on food stamps I'd get it all from y'all...

FIFY.

[electronman1729]

Three more days and we are off Obama care!

[Fmedges]

My problem is peanuts compared to you guys, but it still burns my ass. My wife and I are covered by the VA 100%. I have to carry insurance through my work for myself and my son however since they don't offer child only plans anymore so essentially 50% of the insurance I pay for is going into the toilet. Also fun fact I learned. If you re covered by the VA, but have private health insurance they bill your health insurance and whatever they don't cover the VA just eats it. Sounds shady.

[Mazin]

Try messing with Medicare, Medicaid and SS sometime.

[CS1983]

My problem is peanuts compared to you guys, but it still burns my ass. My wife and I are covered by the VA 100%. I have to carry insurance through my work for myself and my son however since they don't offer child only plans anymore so essentially 50% of the insurance I pay for is going into the toilet. Also fun fact I learned. If you re covered by the VA, but have private health insurance they bill your health insurance and whatever they don't cover the VA just eats it. Sounds shady.

Should look into CHM (http://www.chministries.org/) for the kids. I'd be surprised if it didn't save you money, if your current plan for them is typical. Why do you have insurance for you if you are 100% through VA?

[Fmedges]

Should look into CHM (http://www.chministries.org/) for the kids. I'd be surprised if it didn't save you money, if your current plan for them is typical. Why do you have insurance for you if you are 100% through VA?

Because through my work and also anywhere that I looked would not insure my son only. I had to be on the plan.

[CS1983]

Because through my work and also anywhere that I looked would not insure my son only. I had to be on the plan.

Check out CHM.

[Zundfolge]

Another recommendation of CHM here.