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Are you saying that if you get a $500k[1] bill from the hospital, "most, if not all health plans in the US" will cover at least $490k? [1]: Given that a mere c
by ta1234567890 6y ago
Are you saying that if you get a $500k[1] bill from the hospital, "most, if not all health plans in the US" will cover at least $490k?
[1]: Given that a mere c-section (30min, super standard procedure) + 3 days at the hospital can be $85k. It's probably pretty common for hospital bills to exceed a few hundred thousands for anything more complicated or requiring a long stay at the hospital.
- refurb 6y agoYes, that was actually passed as a part of ACA, which set requirements for maximum out of pocket for ACA-compliant plans.[1] For 2020, it's ~$8k for an individual and ~$16k for a family. Most non-high deductible plans are a few thousand for an individual and high-deductible plans can be close to $10k. [1]https://www.healthcare.gov/glossary/out-of-pocket-maximum-limit https://www.healthcare.gov/glossary/out-of-pocket-maximum-li...
- skinnymuch 6y agoYeah. So when you don’t have insurance or your insurance plan has an issue and doesn’t cover the absurd bill you got that is incentivized to be high because of this system, you can be royally screwed. I think medical is the biggest reason for bankruptcy.