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Old 11-25-2013, 05:32 PM   #41
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So I was just wondering with all of the analytical INTJ/engineers on the board anybody else find maximizing ACA subsidies/tax planing an intellectually interesting exercise?
Indeed. The problem reduces to simply identifying the lowest minima in an n-dimensional hypersurface. Specification of the objective function is left as an exercise for the reader.
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Old 11-25-2013, 06:02 PM   #42
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Indeed. The problem reduces to simply identifying the lowest minima in an n-dimensional hypersurface. Specification of the objective function is left as an exercise for the reader.
Well, I did make a spreadsheet.
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Old 11-25-2013, 07:06 PM   #43
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Well, I did make a spreadsheet.

Well Warren Buffett doesn't need no stinking spreadsheet so neither do I.. I just solved for the minimal tax vs expected medical expense in my head.
And then I got a headache and said screwed it am sticking with my existing plan.
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Old 11-25-2013, 09:33 PM   #44
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Indeed. The problem reduces to simply identifying the lowest minima in an n-dimensional hypersurface. Specification of the objective function is left as an exercise for the reader.
If one's objective is to get the lowest cost, when he needs medical care he may find out that no doctors or hospitals nearby accept his policy. This, I fear.
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Old 11-26-2013, 11:48 AM   #45
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If one's objective is to get the lowest cost, when he needs medical care he may find out that no doctors or hospitals nearby accept his policy. This, I fear.
Always a good thing to check before buying. Don't forget to re-check every year at the start of open enrollment, as well. Plans can change their provider network from year to year.

(I lost lab services and some other facilities one year, the same year the insurer CEO retired with a billion-dollar plus package. I'm sure that the two events had nothing whatsoever to do with each other, of course. They probably found the money under a cabbage.)
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Old 11-26-2013, 01:56 PM   #46
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If one's objective is to get the lowest cost, when he needs medical care he may find out that no doctors or hospitals nearby accept his policy. This, I fear.
Yeah, this is part of the reason why I'm choosing to pay more for a PPO instead of an HMO. The latter is more restricted in terms of the provider network and also restricts access to specialists. I'll eat another $65 a month to get access to a bigger network of doctors and hospitals, and to be able to see a specialist without a referral.
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Old 12-02-2013, 01:50 PM   #47
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Well Warren Buffett doesn't need no stinking spreadsheet so neither do I.. I just solved for the minimal tax vs expected medical expense in my head.
And then I got a headache and said screwed it am sticking with my existing plan.
Ah, a medical expense...
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Old 12-02-2013, 08:14 PM   #48
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Yeah, this is part of the reason why I'm choosing to pay more for a PPO instead of an HMO. The latter is more restricted in terms of the provider network and also restricts access to specialists. I'll eat another $65 a month to get access to a bigger network of doctors and hospitals, and to be able to see a specialist without a referral.
Ive enrolled in an HMO plan thru BCBS of Florida. I did so after researching the policy and finding that, as long as they're in the network, no referral is required for a specialist. Surprised me ....
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Old 12-05-2013, 11:21 AM   #49
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The PPACA is certainly not perfect, but the good out weighs the bad IMO.
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Old 12-05-2013, 11:28 AM   #50
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Ive enrolled in an HMO plan thru BCBS of Florida. I did so after researching the policy and finding that, as long as they're in the network, no referral is required for a specialist. Surprised me ....
That's a major benefit of a PPO.

However, some HMOs do allow you to see a (in-network) specialist without referral, so it really depends on the HMO.
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Old 12-08-2013, 11:32 PM   #51
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INTJ here - began in engineering but ended up in business because I didn't enjoy STEM enough (or wasn't good enough at them). In the short term I find it all very interesting, challenging and fun to figure out. But at the same time it's frustrating because it can be very time and energy intensive to figure out. And this will go on year-after-year and add to the complexity of my taxes (and life).

I'm a big picture and KISS person. I enjoy the detail stuff for awhile but it becomes tedium in the longer term. I'm heading there quickly with the ACA but can't afford financially to not to deal with it.
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Old 02-17-2014, 08:47 PM   #52
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Yep, as I posted on a different thread I find this fascinating. I started explaining all the details to the wife and her eyes glazed over as expected. I'm firing up the spreadsheet maker as we speak :-). She's off to bed...
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