Paying for health insurance

Big Katuna wrote:
It’s a jungle out here. We are 64 and have paid for our own health ins for 20 years.

This year it bumped up to $2000 per month with deductibles.

It got better for a few years after ACA but it’s going up 20% a year the last few years.

It sucks. Crossing our fingers they don’t screw up Medicare.

We use FLORIDA Blue.

Sorry for a foreigner asking a question here, but is that 2000 a month or 2000 a year? Typo? What is a “deductible”. I’m assuming a certain basic per use charge??

Thanks in advance.

John and Angela.

Age 56, me $10,000 deductible, my wife $7500 deductible @ $850 per month.
I'm ready for single payer or Medicare. Could have traveled the whole U.S.
on all that $$.

Paul127 wrote:
Wow, I had no idea the premiums were so high. How much of a deductible do you have?

About $6000 per year person but copay kicks in about $3500.

When we were in our 40s and decided to be self employed we were paying $500 a month low deductibles.

The older you are the more you pay.

It’s the nature of the health insurance industry and for profit Medical businesses.

Single payer is the only soulution.

I'm getting ready to retire in a few months, not quite 63. I'm learning how expensive insurance is, and if I went on Cobra through my employer it will cost nearly $1500 per month for the 2 of us, and I've also learned that through Obamacare if you keep your taxable income (you have to include Social Security) below $64080 a year you can get almost a $1200 a month credit--resulting in almost a $500 per month premium but with huge deductibles. I hope the current administration doesn't ruin this. Trying to keep politics out of this but I'm all for universal healthcare.
JK

Paul127 wrote:
Going Fulltime and paying for health insurance because of young age

How old are you?

Wow, I had no idea the premiums were so high. How much of a deductible do you have?

It’s a jungle out here. We are 64 and have paid for our own health ins for 20 years.

This year it bumped up to $2000 per month with deductibles.

It got better for a few years after ACA but it’s going up 20% a year the last few years.

It sucks. Crossing our fingers they don’t screw up Medicare.

We use FLORIDA Blue.

Is this fulltime as in living in an RV and employed, or travelling (not working)?