Health Care Insurance Questions
I'm looking for two topics of information to further help my husband and I as we prepare to full time next year. 1. Has anyone registered and applied for health insurance through the new healthcare...
Forum Discussion
TucsonJim wrote:freckles527 wrote:
TucsonJim thank you for this information. I really appreciate it!
You're welcome. But I forgot to mention how you can rack up $4K in out of pocket expenses. Emergency room visits are $150 each, and if you're hospitalized, it's $500/day until you reach the max per person. For example,
If I was in the hospital for six days, my maximum would be $2000. If the DW was also hospitalized, she'd have the same charges. I don't expect that we'd hit the $4K limit, but it's nice to know we won't go bankrupt if we have a serious health issue.
But these examples of costs are for the specific plan you chose. The maximum out of pocket stays the same for all plans, I believe, but some have higher premiums and lower co-pays than others. It's all a question of how you take the risk. Some people would rather pay more per month but have less to pay if and when they do get sick. On the other hand if they are healthy in a particular year they would have paid all those extra premiums without getting much back. It's like any other insurance you purchase; you balance cost and risk.
