LiveBelowMeans
Recycles dryer sheets
DW and I are paying $23,000 per year for Florida blue hsa ppo bronze plan with a $12,000 deductible. Tough to swallow...
DW and I are paying $23,000 per year for Florida blue hsa ppo bronze plan with a $12,000 deductible. Tough to swallow...
DW and I are paying $23,000 per year for Florida blue hsa ppo bronze plan with a $12,000 deductible. Tough to swallow...
That's crazy. What's your income? Have you checked out a rate for an HMO?
That's crazy. What's your income? Have you checked out a rate for an HMO?
Thought some of you contemplating ER may be interested in my experience just now pricing ACA plans as my COBRA is now ending 18 months after my own ER..
First, I have a grand total of ONE PPO provider (BCBS) to "choose" from in my area. ONE.
Cheapest PPO in my zip code is $652.91, with a (get this) $8,150 (!!!) deductible. Basically, I get to pay almost $8,000 per year ($7,834 in premiums) for ONE mid 50s age person, THEN all of my expenses at 100% until I hit ANOTHER $8,150. Then, and only then, does the plan start to pay.
Obviously, this is nearly $16,000 in cash outlay per year for ONE person, mid 50s, before the plan pays a penny.
Yeah, I'm not even remotely happy. They sure "fixed" our healthcare system, alrighty.
Those of you considering ER should take a very close look at the HC costs before pulling the trigger..
That is full freight for FLA, so MAGI must be over 65k.
FYI, I get a subsidy and also pay Federal taxes. Also paid in a crap load to fed tax when I was working as well.
The crazy expensive health plans I was forced to buy in California was part of the reason I moved back overseas again. I worked in China many years, retired and relocated to SF Bay Area only to be shocked at the taxes and health insurance costs. I had basically the same plan and deductible - infuriating! Now I pay less than 2k a year for global coverage (USA excluded), zero deductible and even get my glasses covered. For my monthly CA premium I can cover ALL my costs for a month in Vietnam. Where did the USA health care system get derailed so badly?
Wow. The best thing about this thread (for me) is that I now realize there was no way I could realistically have retired before age 60 and maintained our lifestyle, thanks to a dual edged sword of HC costs for us and reduced pension. I had never realized ACA was that expensive if you have a $100k plus income.
I pulled the trigger on a Silver Plan at $40 per month (with all subsidies) , no deductibles, very low copays ( Ex: like $8 per MD visit)
We have no income other than interest and dividends and a small RMD and just have to try to keep income at a certain level so as not to go over and not to go under (where I would be pulled into Medicaid instead)
Why should saver's be punished for saving? The government should encourage savings and wealth creation, so a sole income test makes sense. Poor people get trapped if an asset test is applied, it means they never escape poverty.
We went over the cliff earlier this year when one of my biotechs got bought out so I said screw it, if we are going over, lets really go over and got aggressive. Now have made $130,000 realized gains on a $100,000 account this year, so I will pay back all of our ACA subsidy and be happy about it.
I mean if you are going over the edge, might as well do it in style.
Everything is out of pocket until you hit the $9,000 deductible, then they cover the rest - for approved procedures/care. I consider it catastrophic insurance. They do have a $1M per person lifetime cap, but if I ever get a chronic condition like cancer I will get an ACA plan at open enrollment. We also upped our auto bodily injury to $300k/$500k at minimal cost in case we have a major auto/marine injury that might push towards the cap.