5 ms·

Most of the people for whom $700/month for health insurance is unattainable are not spending $700/month on car payments. There's bound to be some overlap, sure,

Most of the people for whom $700/month for health insurance is unattainable are not spending $700/month on car payments. There's bound to be some overlap, sure, but let's keep the focus on the fact that expecting everyone to pay $700/month in order to not go bankrupt from health expenses is insane.

missedthecue 6y ago
Isn't the average monthly payment in germany over $800?
- ratww 6y ago
  National average is around 3800. Minimum is 1584, I think.
- Xylakant 6y ago
  The maximum monthly payment you can have for german public health insurance is 14.6% of 4.687,50 EUR per month in 2020 - that's about 800USD. Mind you, maximum, not average. 14.6% of your wage is the health insurance deductible, 4.687,50 EUR is the so-called "Beitragsbemessungsgrenze", that is the cap from which on your wage is free - it's regularly adjusted (upwards usually). You can reach that maximum if you are self employed and voluntarily member of the public health insurance - meaning you have to pay both the employers and the employees share. If you're employed, your employer pays about half of it. Your chosen health insurance can optionally add an extra fee, usually less than a percent or two, most are free.
  - mgkimsal 6y ago
    How does this work if you're unemployed? Is there a separate public option? Or do you just keep on with whatever you may have had before, without paying? Also, that "maximum/wage" thing - is that per person, or for a household (spouse/kids/etc)?
    - kaybe 6y ago
      If you're on unemployment or welfare payments the state pays for you. If you live off savings and don't have income you can pay a base rate (a little bit below 200€).
    - Xylakant 6y ago
      The level of care is independent of your payment, if you're unemployed you're still covered without payment, students are covered for free until they're 27 (there are ways to loose coverage, but just being unemployed is not one). Like the sibling comment pointed out: if you're living of savings, there's a minimum payment. The cap is per wage, so every person earning a wage gets the same cap applied to their individual income. (one of the ways that households with a single high earner profit, while two people earning a moderate wage have less). No bonus for kids here, buy if you're member of the public health insurance, your kid is covered for free.
mgkimsal 6y ago
"but let's keep the focus on the fact that expecting everyone to pay $700/month" Everyone's paying it, in one manner or another, either through subsidies, or employer contributions, or paying direct. These are the average costs (relative to location and age) for health insurance plans from for-profit health insurance companies. But the context was with respect to people planning to retire in their 50s. Plenty of people budget for car payments, and they can budget for health insurance costs too.
- metabagel 6y ago
  Car payments only last for five years.
  - mgkimsal 6y ago
    I was going to point that out myself. yes. many people do end up continuing that cycle, although there is some ability to stop which is different than other more pressing things (like insurance).

missedthecue 6y ago

Isn't the average monthly payment in germany over $800?

ratww 6y ago
National average is around 3800. Minimum is 1584, I think.
Xylakant 6y ago
The maximum monthly payment you can have for german public health insurance is 14.6% of 4.687,50 EUR per month in 2020 - that's about 800USD. Mind you, maximum, not average. 14.6% of your wage is the health insurance deductible, 4.687,50 EUR is the so-called "Beitragsbemessungsgrenze", that is the cap from which on your wage is free - it's regularly adjusted (upwards usually). You can reach that maximum if you are self employed and voluntarily member of the public health insurance - meaning you have to pay both the employers and the employees share. If you're employed, your employer pays about half of it. Your chosen health insurance can optionally add an extra fee, usually less than a percent or two, most are free.
- mgkimsal 6y ago
  How does this work if you're unemployed? Is there a separate public option? Or do you just keep on with whatever you may have had before, without paying? Also, that "maximum/wage" thing - is that per person, or for a household (spouse/kids/etc)?
  - kaybe 6y ago
    If you're on unemployment or welfare payments the state pays for you. If you live off savings and don't have income you can pay a base rate (a little bit below 200€).
  - Xylakant 6y ago
    The level of care is independent of your payment, if you're unemployed you're still covered without payment, students are covered for free until they're 27 (there are ways to loose coverage, but just being unemployed is not one). Like the sibling comment pointed out: if you're living of savings, there's a minimum payment. The cap is per wage, so every person earning a wage gets the same cap applied to their individual income. (one of the ways that households with a single high earner profit, while two people earning a moderate wage have less). No bonus for kids here, buy if you're member of the public health insurance, your kid is covered for free.

mgkimsal 6y ago

"but let's keep the focus on the fact that expecting everyone to pay $700/month" Everyone's paying it, in one manner or another, either through subsidies, or employer contributions, or paying direct. These are the average costs (relative to location and age) for health insurance plans from for-profit health insurance companies. But the context was with respect to people planning to retire in their 50s. Plenty of people budget for car payments, and they can budget for health insurance costs too.

metabagel 6y ago
Car payments only last for five years.
- mgkimsal 6y ago
  I was going to point that out myself. yes. many people do end up continuing that cycle, although there is some ability to stop which is different than other more pressing things (like insurance).