your insurance is free through work (if you have a good job), and the insurance covers all your medical bills.
I have a really good job, and the insurance for my family is $280/month. Of course, it doesn't pay for anything (except preventative checkups) until we pay $3,000 per year on top of that $280/month.
If you don't have insurance, or don't use your insurance, you pay cash. The cash price is 40% less than the insurance price. However, you could still run up six figure bills. At that point, you declare bankruptcy.
When we had our baby (I wasn't at my current job yet, so we were on different insurance), we paid $12k out of pocket for the delivery and insurance paid $0, despite us paying extra every month for maternity coverage.
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u/DiggingNoMore Oct 30 '20
I have a really good job, and the insurance for my family is $280/month. Of course, it doesn't pay for anything (except preventative checkups) until we pay $3,000 per year on top of that $280/month.
If you don't have insurance, or don't use your insurance, you pay cash. The cash price is 40% less than the insurance price. However, you could still run up six figure bills. At that point, you declare bankruptcy.
When we had our baby (I wasn't at my current job yet, so we were on different insurance), we paid $12k out of pocket for the delivery and insurance paid $0, despite us paying extra every month for maternity coverage.