youbet
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
We share this view and approach. I would just include one other reason we carry health insurance, which is the multi-tiered pricing scheme most providers have that results in preferred prices for insurance carriers vs punitive prices for self-pay.
Actually, and unfortunately, a similar situation is happening with NH's in Illinois. High tier NH's who accept only the required number of Medicaid patients receive more from private pay residents than the state pays them (if they ever pay them) for Medicaid patients.
Apparently it isn't an issue of having two separate prices, one for Medicaid and one for private pay, but rather that the NH frequently receives less than billed from the state (if they receive anything at all, it's a real mess here with billions in unpaid bills) and has little recourse.
I'm relatively comfortable self-insuring for LTC, for the same reasons you and Audrey put forth. But I'm sure if the time comes, I'll be ticked paying the NH more than the state does for the same services.
Last edited: