Floralscent
Dryer sheet wannabe
My husband and I, like many others, are considering an ACA plan in early retirement. Our ER will happen mid to late 2025 and after searching ACA plans, I noticed we qualify for a subsidy and I am grateful. When reviewing the plans, however, I am absolutely astounded by the very high deductibles and max out of pocket amounts. There are some plans with a low deductible ($1,000 or $1,500) but most are much higher and the max OOP is near $18,000- I assume that's $9k pp.
I have had a number of health challenges the last 4 years, in-patient hospital stays and surgeries, and as a result have met my employer provided insurance MOOP each year- deductible $3,300 and MOOP was $4,200. My past 4-year medical history likely makes me think of the whole picture relating to large medical costs- monthly premium, deductibles, co-pays and large MOOP and the trouble one could get into with the high MOOP should a hospital stay or surgery be needed.
Am I missing a key piece to these ACA plans?
Who can afford those high out of pocket costs each year if health is not perfect?
Why is nobody talking about these high MOOP costs?
I have had a number of health challenges the last 4 years, in-patient hospital stays and surgeries, and as a result have met my employer provided insurance MOOP each year- deductible $3,300 and MOOP was $4,200. My past 4-year medical history likely makes me think of the whole picture relating to large medical costs- monthly premium, deductibles, co-pays and large MOOP and the trouble one could get into with the high MOOP should a hospital stay or surgery be needed.
Am I missing a key piece to these ACA plans?
Who can afford those high out of pocket costs each year if health is not perfect?
Why is nobody talking about these high MOOP costs?