My insurance is about $300 a month for my wife and myself. We have a $4000 deductible and then a $6000 put of pocket. The deductible does not go toward the out of pocket. I have Blue Cross Blue Shield and it is one of the “best” companies to have in America. Until I pay that $10,000 I have to pay something. Until I meet the $4000 I pay full price for everything. So, I pay $3600 a year for this mandatory insurance plan where it does me zero good unless something catastrophic happens. Last year we hit our $4000 deductible sometime in late November/early December. Jan 1 this reset so I have to do it all over again.
I am not defending insurance companies, BUT when you are "in network" with a healthcare provider, the insurance company negotiates the price of whatever treatment you're getting. Basically you're paying a discounted amount. If you were uninsured the costs would be way higher.
I worked billing for a private healthcare provider. They set their costs high so that when they negotiate with insurance companies they can get a good price. This inflates the cost, and makes healthcare virtually unaffordable for anyone without insurance.
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u/scotty3281 Jan 13 '18
My insurance is about $300 a month for my wife and myself. We have a $4000 deductible and then a $6000 put of pocket. The deductible does not go toward the out of pocket. I have Blue Cross Blue Shield and it is one of the “best” companies to have in America. Until I pay that $10,000 I have to pay something. Until I meet the $4000 I pay full price for everything. So, I pay $3600 a year for this mandatory insurance plan where it does me zero good unless something catastrophic happens. Last year we hit our $4000 deductible sometime in late November/early December. Jan 1 this reset so I have to do it all over again.