3 ms·

My company has been pushing a high deductible plan exclusively provided by Stanford. They would NEVER answer questions about pricing up front in the year I tri

• codyb 8y ago
  I always pay extra when given the option for the low deductible plans and the one time I hurt myself snowboarding and needed physical therapy it paid off tremendously. Being on the hook for 5000 worth of care would have been a tremendous burden where as whatever I was on the hook for (maybe a fifth of that? Maybe less?) was not so much. There's also differences in fee scheduling which makes a huge difference. For instance if you're on a medicaid fee schedule they tend to charge less for a lot of things making it a lot more difficult to ever hit your deductible putting you on the hook for more charges over time. If you're on a standard fee schedule you'll hit your deductible faster. It's all incredibly confusing in the end and very hard to figure out and most people don't until something happens and then it's "oh shit I'm getting fucked aren't I?". Not a great system, and pretty pathetic for the richest country in the world to bring so much hardship (as noted, something like 50% of bankruptcies are due to healthcare costs) upon it's citizens in times when they're probably already in some of the most stressful situations of their lives.