Is Health Insurance Even Worth It Anymore?
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Is Health Insurance Even Worth It Anymore?
1–10 of 198 posts
Re: Is Health Insurance Even Worth It Anymore?
#2Repeal Obamacare, go back to HSAs. Nobody should be taxed on health expenses, which was the whole point of HSAs in the first place. We literally had a budding system that was working and affordable, and it was "fixed".
Re: Is Health Insurance Even Worth It Anymore?
#3Repeal Obamacare, go back to HSAs. Nobody should be taxed on health expenses, which was the whole point of HSAs in the first place. We literally had a budding system that was working and affordable, and it was "fixed".
The ACA didn't do away with HSAs.
Re: Is Health Insurance Even Worth It Anymore?
#4I have been struggling to find the breakeven point for me and my family. On one side, it keeps getting more and more expensive even though we are young and healthy. On the other, if one of us needs an expensive operation or months of treatment, no amount of HSA savings will be enough. I don't know if there is a 3rd option that would be more reasonable.
Re: Is Health Insurance Even Worth It Anymore?
#5Repeal Obamacare, go back to HSAs. Nobody should be taxed on health expenses, which was the whole point of HSAs in the first place. We literally had a budding system that was working and affordable, and it was "fixed".
The ACA didn't do away with HSAs.
I was about to chime in. I still have a HSA?
Something interesting is that the ACA was probably making normal people's insurance cheaper because for people with the Medicaid plans were specifically targeted for aggressive coding knowing that the taxpayer was footing the bill
It really does baffle me that the USA continues to subvert "socialism" by taking socialist programs and painting them with a capitalist brush^[1] and creating a worse result for everyone involved. It is the peak of government inefficiency
1: eg: fanny mae, The VA, Medicaid, The Federal Reserve....
Re: Is Health Insurance Even Worth It Anymore?
#6Repeal Obamacare, go back to HSAs. Nobody should be taxed on health expenses, which was the whole point of HSAs in the first place. We literally had a budding system that was working and affordable, and it was "fixed".
The ACA didn't do away with HSAs.
Correct, instead it made them unaffordable and disappeared them out of existence. Previously to ACA, I paid $280/month for a direct (non-employer sponsored) plan that had a $5k deductible. The plan was discontinued as the base fell out.
There is so much wrong with ACA and the hardliners are not capable of self-reflection, and cannot admit that overregulation has done nothing but make things incredibly expensive.
Re: Is Health Insurance Even Worth It Anymore?
#7Repeal Obamacare, go back to HSAs. Nobody should be taxed on health expenses, which was the whole point of HSAs in the first place. We literally had a budding system that was working and affordable, and it was "fixed".
The ACA didn't do away with HSAs.
ACA didn't do away with HSAs, but the way the Bronze and Catastrophic plans were designed made them incompatible with HSAs. Only this year was that changed. The plans covered certain non-preventive services before the deductible was met, which was not permitted under older HSA rules. It was really dumb, and took 15 years to fix.
Re: Is Health Insurance Even Worth It Anymore?
#8Reading the comments is hilarious. That "healthy 34 year-old male with minor sports injuries" was exactly me when I was 34. Then I hit my out-of-pocket max 7 out of the next 10 years and exceeded a million in insurance spend twice due to a whole lot of major surgeries. It also feels male-centric. Surely pregnancy and childbirth are all but guaranteed to put you over an out-of-pocket max, especially with how common c-sections are these days.
Re: Is Health Insurance Even Worth It Anymore?
#9The article mentions early a "cancer diagnosis" but puts that aside and moves on, when this is pretty much the crux of the issue. Prostate and Breast cancers are a 1 in 8 chance. The risk of no insurance at 25 is very different than 50, and than 75. And everyone at all ages is paying for those expensive treatments.
The system is broken, but going without insurance is you basically toying with the odds of life.
Re: Is Health Insurance Even Worth It Anymore?
#10Direct primary care was a completely game-changing improvement in healthcare for me.
$95/mo to basically subscribe to a local doctor. Covers most things other than tests or surgery or limb setting. But tests are often very discounted relative to what insurance charges for them (with my previous dpc provider an entire battery of tests cost less through them than just the copay for two of them added up to).
It’s remarkable how different it is when the healthcare provider is focused on you and your health rather than on gaming the metrics by which insurance companies judge them.
Make other plans for catastrophic things (ie, a high deductible insurance plan).