5 ms·
High-deductible plans are not the answer. They are a symptom of the problem. You assume risk up to say $10,000 (your high deductible) because you don't expect
by GiorgioG 10y ago
High-deductible plans are not the answer. They are a symptom of the problem. You assume risk up to say $10,000 (your high deductible) because you don't expect to need it unless you wind up in the hospital. If you have a chronic illness, high deductible plans don't do shit for you.
As long as we view this as a "not my problem, I'm not sick" issue, this will never be fixed.
- bduerst 10y agoNot even chronic illness - as you get older you expect a certain level of health complications or maintenance, and you adjust your deductible accordingly. A $10k/mo deductible is catastrophe insurance, and is only really useful for people < 30.
- GiorgioG 10y agoIf we'd realize that we're all one unfortunate random event from a dire (medical and financial) situation, a single payer system would be a no-brainer for everyone.
- JumpCrisscross 10y ago> A $10k/mo deductible is catastrophe insurance, and is only really useful for people < 30 HDHPs quote their deductible as a maximum out of pocket per year. Paying $10k a year to manage a chronic illness doesn't sound ridiculous.
- null000 10y agoThen you live in a bubble. Most people I know don't have 10k a year sitting around, just those lucky enough to have relatively well-paying jobs - and having a chronic illness will only make finding such a job harder.
- GiorgioG 10y agoI pay $19,200/year for insurance and another $3000+ for medical supplies. My 5 year old didn't ask to get a lifelong illness (type 1 diabetes.) I'm lucky to be able to afford it, but it's highway robbery.
- bduerst 10y ago$14,300/year is the max out of pocket for family ACA plans. What are you buying that's not insured?
- deleted 10y ago[deleted]
- bduerst 10y agoUh, no. Max out of pocket != Deductible. $10k max out of pocket is not that bad. $10k deductible is bad if you're single over 30.