Obamacare ACA (Affordable Care Act)

9,000$/year premiums.
6,000$ deductible/person

Reading the amounts you guys have to pay for health coverage makes me so grateful for mine. I work at Costco and coverage is amazing. They take out $24 from my bi-weekly paychecks. That's medical, dental and vision. Medical coverage is 90% after the $250 deductible is met with an out of pocket $1500 maximum. Dental and vision are equally amazingly covered. I'm counting my blessings right now.

tempo_n_groove said:

RunIntoTheRain said:

Reading the amounts you guys have to pay for health coverage makes me so grateful for mine. I work at Costco and coverage is amazing. They take out $24 from my bi-weekly paychecks. That's medical, dental and vision. Medical coverage is 90% after the $250 deductible is met with an out of pocket $1500 maximum. Dental and vision are equally amazingly covered. I'm counting my blessings right now.

That's disgusting.  It really is.

Penalizing a single payer is just wrong...

I’m confused by your response. Disgusting? Penalized?  
My employer is providing exceptional insurance at a minimal cost to employees. 
Where is the negative? 

Gotcha. Took the post wrong. 

tempo_n_groove said:

RunIntoTheRain said:

tempo_n_groove said:

RunIntoTheRain said:

Reading the amounts you guys have to pay for health coverage makes me so grateful for mine. I work at Costco and coverage is amazing. They take out $24 from my bi-weekly paychecks. That's medical, dental and vision. Medical coverage is 90% after the $250 deductible is met with an out of pocket $1500 maximum. Dental and vision are equally amazingly covered. I'm counting my blessings right now.

That's disgusting.  It really is.

Penalizing a single payer is just wrong...

I’m confused by your response. Disgusting? Penalized?  
My employer is providing exceptional insurance at a minimal cost to employees. 
Where is the negative? 

I am a singular payer so my rate is 5 times the amount of yours. 

That is what is disgusting.

That is where the negative is.

Because I choose to not be employed by a corporate company they penalize me.

I also get penalized for making what I do and have to pay a much higher amount.

Right...they should allow everyone who is not in a group plan to be in a public plan which should reduce all of our rates.

Keep in mind that Costco is likely paying a decent premium for the employees....that is just the employee share

mace1229 said:

tempo_n_groove said:

RunIntoTheRain said:

tempo_n_groove said:

RunIntoTheRain said:

Reading the amounts you guys have to pay for health coverage makes me so grateful for mine. I work at Costco and coverage is amazing. They take out $24 from my bi-weekly paychecks. That's medical, dental and vision. Medical coverage is 90% after the $250 deductible is met with an out of pocket $1500 maximum. Dental and vision are equally amazingly covered. I'm counting my blessings right now.

That's disgusting.  It really is.

Penalizing a single payer is just wrong...

I’m confused by your response. Disgusting? Penalized?  
My employer is providing exceptional insurance at a minimal cost to employees. 
Where is the negative? 

I am a singular payer so my rate is 5 times the amount of yours. 

That is what is disgusting.

That is where the negative is.

Because I choose to not be employed by a corporate company they penalize me.

I also get penalized for making what I do and have to pay a much higher amount.

That was the whole point of Obamacare. Make healthy, young individuals overpay to compensate for the unhealthy, the elderly and the families. That was exactly how it was designed. It makes no sense.  In the end people like you are penalized for being young (by "young" I mean not old, don't get too flattered) and healthy.
I know several people in their 20s and 30s who opt out of insurance because it is cheaper to pay the fine than some ridiculous premium that they are likely never going to need.

Of course it makes sense. This is in fact exactly how these things work, and they do work, all around the world. If you spread the costs among the whole population, young and old, healthy and not so healthy, then the costs are manageable for everyone, no one goes bankrupt, and the system can be funded. It is deliberately not meant to replicate buying a consumer good. 

If you don’t do this - you get what the US has. 

oftenreading said:

mace1229 said:

tempo_n_groove said:

RunIntoTheRain said:

tempo_n_groove said:

RunIntoTheRain said:

Reading the amounts you guys have to pay for health coverage makes me so grateful for mine. I work at Costco and coverage is amazing. They take out $24 from my bi-weekly paychecks. That's medical, dental and vision. Medical coverage is 90% after the $250 deductible is met with an out of pocket $1500 maximum. Dental and vision are equally amazingly covered. I'm counting my blessings right now.

That's disgusting.  It really is.

Penalizing a single payer is just wrong...

I’m confused by your response. Disgusting? Penalized?  
My employer is providing exceptional insurance at a minimal cost to employees. 
Where is the negative? 

I am a singular payer so my rate is 5 times the amount of yours. 

That is what is disgusting.

That is where the negative is.

Because I choose to not be employed by a corporate company they penalize me.

I also get penalized for making what I do and have to pay a much higher amount.

That was the whole point of Obamacare. Make healthy, young individuals overpay to compensate for the unhealthy, the elderly and the families. That was exactly how it was designed. It makes no sense.  In the end people like you are penalized for being young (by "young" I mean not old, don't get too flattered) and healthy.
I know several people in their 20s and 30s who opt out of insurance because it is cheaper to pay the fine than some ridiculous premium that they are likely never going to need.

Of course it makes sense. This is in fact exactly how these things work, and they do work, all around the world. If you spread the costs among the whole population, young and old, healthy and not so healthy, then the costs are manageable for everyone, no one goes bankrupt, and the system can be funded. It is deliberately not meant to replicate buying a consumer good. 

If you don’t do this - you get what the US has. 

It makes sense if you leave out the insurance companies, the middle man. We do not. Everyone overpays for health, because in order for health insurance to be a billion dollar industry they have to over charge.
The difference is most countries you are referring to provide health coverage. We do not. We provide health insurance.  Making healthy people pay into an insurance program that they do not need does not make sense.
Making healthy people pay into a health program that is meant to treat people and not profit off of it might. But that is not what we do.

FOr what the average American pays in premiums we should not pay a time for treatment. But that is not the case, we still get stuck with thousands of dollars of medical bills on top of what we pay for premiums. Insurance is taking too big of a cut and profiting too much off our health.

tempo_n_groove said:

CM189191 said:

tempo_n_groove said:

CM189191 said:

tempo_n_groove said:

CM189191 said:

tempo_n_groove said:

CM189191 said:

weird...health care is expensive...who knew?

How does your health care expenditure compare to your budgets for food, car or home?

For example, if I were to ballpark annual costs : 

• Health care insurance, Rx, and appointment co-pays : $2500 per year
• Car gas & maintenance : $3500
• Mortgage, assn dues, & home maintenance : $20000
• Grocery/food : $10000
• Student loans : paid off
• Pearl Jam concerts, merch & travel : $priceless

This is really rough napkin math.  But health care isn't so expensive for me when compared to other 'essentials'.

You only pay $2500 a year for health insurance?

My plan is $9800 a year...

single or family?

That's my single rate.  If my wife didn't cover herself, it would more or less double.  We don't have any kids, which would make it double again.  

So it still comes out to ~$2500 per year per person.  

Just me...

yikes, good luck with that

I don't understand why you pay a fraction of my cost?  I do have the "Gold Package".

because our health care system is broken

Gold package is thru ACA?

My coverage is thru my employer.  I do have a relatively high deductible ($6000?).  But I don't have any ongoing medical issues, so I contribute an equivalent amount to my HSA, which is invested and earning money.  At least it was until this year....

Yes they had a Bronze, silver, gold.

So I went back to see what the hell is going on with this and apparently because of the amount I make a year is reflected on how much I pay.

For shits and grins I put in that I make $25,000 and my monthly payment was $292 rather than $816 I pay now.

I have to pay more because others can't.  Isn't that some bullshit...

Actually we are paying less....the difference in premium is the government subsidy.  If the government wasn't subsidizing those with lesser income our premiums would definitely be higher.