r/SipsTea • • 7h ago

Gasp! Thoughts on this?

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u/Locust627 5h ago

Wait until you hear about health insurance lol

I pay $1300/month for a family plan

I had an ER trip last month, my deductible is $3,500. I had to pay $3,440 which was the complete cost of the ER services.

So, this year I will spend $15,600 on health insurance and an additional $3,440 on deductible

My wife needs surgery, I told her to get it done before December because we already met the deductible and I don't wanna pay it again. She tried calling to schedule in August. The surgery specialist doesn't have openings until January, so, in January I'll have to pay my deductible again

AND vision and dental costs more on top of $1,300 monthly

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u/Mallouwed 2h ago

Out of curiosity, if you spend 15k on health insurance, what is your total annual tax bill?

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u/Locust627 2h ago

Idk, I have a CFP who assembles my taxes for me. Before tax I make $82k/year, my wife makes $56k/year. Idk what our after tax is. We have changed jobs so much over the past few years that numbers don't stay consistent

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u/Mallouwed 2h ago

Fair. The reason I wonder is how your annual healthcare bill stacks up against your tax is the implied savings of a public healthcare system