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0 pointsgymbeaux2y ago0 comments

Do you not have insurance or do you just prefer to pay the cash price where possible? It’s interesting that you might be voluntarily uninsured despite having 3 kids. The system is such that your kids’ health is a bargaining chip to employers. I know people who have stayed at jobs just for the health insurance, and then there are the H1-B folk who are effectively indentured (“yeah we’re paying you $20k below market rate but we are sponsoring you so… try to be a little more grateful”)

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codegeek2y ago

I do have insurance because that's the game. I don't like it though. Btw my Insurance Premium is $24k/Year and $5k/Year for deductible. So I am almost $30K out of pocket BEFORE insurance pays a dime. If thats not a scam, what is.

ceejayoz2y ago

Why is that a scam?

My house has never burned down, but I pay homeowners insurance every year. My dad has never had a car accident, but pays every year. Both have deductibles awaiting us if we need them.

It’s insurance, not a prepaid debit card.

zaroth2y ago

There’s nothing wrong with the concept of an insurance premium or even a deductible.

The problem is the sheer magnitude of the cost. It’s an extraordinary sum of money to be paying out of pocket as an annual family expense for a non-discretionary basic living expense.

And more or less every single family in the US is doing the same? It’s totally untenable.

ceejayoz2y ago

My kids had about a million dollars in NICU costs from being three months early. I take a $18,800 shot every twelve weeks.

Now, I think a single-payer national health service would be better, but that $30k/year doesn’t surprise me at all. Our monthly premium is $2,700. It sucks, but this stuff is expensive.

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vxNsr2y ago

Yikes! That’s horrifically bad insurance, I’m paying $10k in premiums for a $2k deductible. And I was paying (until my company cheaped out on insurance) $15k/yr on a combined in/out $1k deductible and combined in/out $3k OOP. Which might seem worse but we were using fantastic OON providers that normally would barely be covered but instead were essentially the same as in network.

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codegeek2y ago

ceejayoz2y ago

Why is that a scam?

My house has never burned down, but I pay homeowners insurance every year. My dad has never had a car accident, but pays every year. Both have deductibles awaiting us if we need them.

It’s insurance, not a prepaid debit card.

zaroth2y ago

There’s nothing wrong with the concept of an insurance premium or even a deductible.

The problem is the sheer magnitude of the cost. It’s an extraordinary sum of money to be paying out of pocket as an annual family expense for a non-discretionary basic living expense.

And more or less every single family in the US is doing the same? It’s totally untenable.

ceejayoz2y ago

My kids had about a million dollars in NICU costs from being three months early. I take a $18,800 shot every twelve weeks.

Now, I think a single-payer national health service would be better, but that $30k/year doesn’t surprise me at all. Our monthly premium is $2,700. It sucks, but this stuff is expensive.

2 more replies

vxNsr2y ago

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