Is it fair to make someone pay out $12,350.00 yrly to get health ins.?

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  • Is it fair to make someone pay out $12,350.00 yrly to get health ins.?


Answer #1 | 19/12 2013 07:00
How much does your health care actually cost for the year? Not your health insurance, what does the company pay in addition to your deductible? If more than the premium, then you are getting a relative deal there. I never heard that the ACA will help Everyone. How does it help the young and healthy who now have to pay higher premiums to account for the old and sick? I wouldn't call them lies as much as they are hopes and dreams with some reality mixed in. You don't really ask a question here, so I figured I would ask some in response to your rant.
Answer #2 | 19/12 2013 08:04
Janelle, aren't you located in Orange County, CA? There is no way you were paying $292 for annual coverage unless you had a GIGANTIC employer subsidy. Is that the amount you were paying per month - $3500 per year? With your ACA plan, at least in 2014 before plans change, you cannot be dropped or denied coverage.
Answer #3 | 19/12 2013 08:35
You are like a friend of mine, that when she complains of the high cost of health insurance, adds the premium and deductibles and total it up. In her case, she has calculated over $30,000 for her family, but in reality only paying around $8,000 per year for premiums. You are having health issues, and under the old rules, since private insurance, they could raise your rates every year, regardless if you filed any claims. Under the old rules, even if the insurance only paid out between 50 to 65%, they could raise rates on everyone. The new rules for private is 80%, and if not, you get a refund, which I did last year on my private policy. Or, with these health issues, you could have been stuck with this policy, since in the past, most new companies may have rejected you, since, you have health issues that are pre-existing. At some point, most likely in the next few years, your old policy could be as high as $650 or more, since that is what happens, to get the sick out. The new covers preventive exam, mammograms, etc that in the past, you may have had to pay out of pocket. Those alone, could cost up to $1,000, that you wont be paying for. Your premium is $6,000 per year. Depending on what type of medical treatment you get this year, you may only be out of pocket a few hundred, or, could exceed your deductible of $6,350. But that is still cheaper than paying 100% for all your medical care, plus you get the insurance discounted rate with the provider.
Answer #4 | 19/12 2013 10:43
Welcome to the club.
Answer #5 | 19/12 2013 19:39
They are not making you "pay out $12,350.00 yrly to get health ins." They are making you pay out only $6000 to get health insurance. The premium is all you have to pay to "get" health insurance. You don't have to pay the deductible to get health insurance. After you get insurance, you pay the deductible to use the insurance. But you don't pay it to get the insurance. If you just pay the premium, and not the deductible, then you still have insurance.

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