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Old 11-30-2016, 07:51 PM
 
Location: Arizona
13,778 posts, read 9,662,744 times
Reputation: 7485

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Quote:
Originally Posted by BobNJ1960 View Post
wrong. It insures catastrophes, not oil changes.
Hah! Try getting a multiple fracture or a heart attack and see how much of the actual bill it pays.
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Old 11-30-2016, 07:53 PM
 
1,985 posts, read 1,456,376 times
Reputation: 862
Quote:
Originally Posted by T-310 View Post
No.
Canadian Health Care: Health Care Funding

They fund it with income tax.
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Old 11-30-2016, 07:56 PM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by mohawkx View Post
Hah! Try getting a multiple fracture or a heart attack and see how much of the actual bill it pays.

Biggest expense I was treated for was $22k eye surgery. My insurance paid about 97%. Flex Med covered the rest for a post tax cost to me of about $400.
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Old 11-30-2016, 07:57 PM
 
1,985 posts, read 1,456,376 times
Reputation: 862
Quote:
Originally Posted by BobNJ1960 View Post
wrong. It insures catastrophes, not oil changes.
Most had a 10,000 deductible. There was no basic coverage for hospitalization x-rays etc until you hit 10k. fine if you had the wealth and health to back it up bad idea for every one else.
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Old 11-30-2016, 07:57 PM
 
1,850 posts, read 820,628 times
Reputation: 815
Quote:
Originally Posted by pknopp View Post
Those paying pay it all now. If we lower costs then those paying, pay less.
Right, those paying pay it all now. So if paying led to lower costs, than those paying would already be paying less.


BTW, I anticipate this is going to start getting extremely confusing in 1-2 more exchanges between us.
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Old 11-30-2016, 07:58 PM
 
1,850 posts, read 820,628 times
Reputation: 815
Quote:
Originally Posted by East of the River View Post
Most had a 10,000 deductible. There was no basic coverage for hospitalization x-rays etc until you hit 10k. fine if you had the wealth and health to back it up bad idea for every one else.
No, it's the same idea for everyone else. Healthcare isn't a right, so if you can't afford it you can't afford it.
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Old 11-30-2016, 08:01 PM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by njquestions View Post
Right,
You could have just quit there.
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Old 11-30-2016, 08:02 PM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by East of the River View Post
Most had a 10,000 deductible. There was no basic coverage for hospitalization x-rays etc until you hit 10k. fine if you had the wealth and health to back it up bad idea for every one else.

My largest deductible ever is $2k, and my employer reimburses $1.5k of it.


My largest out of pocket max was $1.4k.
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Old 11-30-2016, 08:04 PM
 
1,985 posts, read 1,456,376 times
Reputation: 862
Quote:
Originally Posted by BobNJ1960 View Post
Biggest expense I was treated for was $22k eye surgery. My insurance paid about 97%. Flex Med covered the rest for a post tax cost to me of about $400.
You have good insurance. Mine would have cost 4k plus 20% of the remaining bill. And mine costs 20K a year between what my employer and I pay. Plan before ACA was pretty similar.
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Old 11-30-2016, 08:09 PM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by East of the River View Post
You have good insurance. Mine would have cost 4k plus 20% of the remaining bill. And mine costs 20K a year between what my employer and I pay. Plan before ACA was pretty similar.


My soon ending employer pays about $7k for single folks, about $16k average for family plans. All my employers have split it about 80-85% employer minimum, until my newest one, who pays 100% of the premium, for stellar coverage.


Job candidates need to explore up front how medical coverage cost is distributed.
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