Viewing a single comment thread. View all comments

ButtBlock t1_j7vco7y wrote

OP don’t do it. I know insurance sucks in the US, but the point of low premium insurance is to cover you for catastrophic expenses. In the US any of us could get into a car accident or have some unexpected illness, and bam just like that million dollar ICU stay. I’ve already been in two (thankfully minor car accidents), but literally, you could be completely healthy and still go bankrupt from a hospital stay. If you have no assets and your fine with that risk, sure, but it’s not worth it.

If it makes you feel better I live in PA these days, we pay 14k premium for a plan with a 12k deductible and 22k out of pocket maximum. I hate the healthcare system in this country. Literally think about leaving every year. Canada express entry my man. With what we all pay in the US, we could just increase federal taxes 5-10%, and then put all of the health insurance companies on a big rocket and fire it off into the sun so they can turn into hot ionized plasma. It should be a matter of national policy to have these companies bankrupt by the end of the 2020s.

14

Kodiak01 t1_j7vy5qe wrote

My employer-provided insurance, I pay $106/wk. According to the required MA disclosures, my employer's portion for the year was ~$23,000 ($442/wk). If you go to the proper providers, it's a $0 deductible after copays.

What did this insurance get me? In December 2021 I had a blood clot in my shoulder. An ER visit and 3 inpatient stays later (8 days total, 4 procedures including thoracic surgery) racked up a ~$200k medical bill.

My total out of pocket: $1200.

This past year, even though our total rate went up by about $3k for health coverage (family plan), they ate the entire cost of it. That is like giving everyone a $1.50/hr raise across the board.

You can never have too much insurance. After an accident before the clot, I jacked up all my coverages including UIM to $500k; the cost to go up to that and even 1M from 100/300 was actually quite reasonable, a lot less than one would expect.

7

caper293 OP t1_j7vcz2r wrote

yeah i am 47 now so i will get insurance

5

benb777 t1_j7vjdqf wrote

This. All the dollar figures tossed around here are pocket change compared to what you can run up in the blink of an eye with an accident.

4

JSchecter11 t1_j7weikb wrote

No one thinks it will happen to them...until you think about how many people you personally know that have been in an accident, had cancer, required any kind of surgery or ER visit. Your degree of separation from any of these things is ZERO and it absolutely could be you next.

3