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This is not even remotely correct. In the US, you usually pay a monthly premium which is only a portion of the actual cost, and the remainder is paid by your em
by yakz 3y ago
This is not even remotely correct. In the US, you usually pay a monthly premium which is only a portion of the actual cost, and the remainder is paid by your employer. On top of that, yes, you pay your deductible. A $2,000 deductible could be considered a low deductible--it could be double that or more with lower premiums.
After that, you have the "out-of-pocket" maximum. You pay 20% of costs until you hit the "out-of-pocket" maximum, which is typically thousands of dollars per year.
Beyond that, there are actually two different deductibles and two different out-of-pocket maximums. One for in-network services, and one for out-of-network services. You can go to an in-network facility and see out-of-network providers without notice.
And even beyond that, while it has been curbed with some recent legislation, if your insurance provider decides to pay less than the provider believes they are owed, the provider can bill you independently for the remainder.
So NO, it is definitely not $2k per year for a good health insurance plan in the US. FAR from it.
- mciancia 3y agoSo, if not $2k then how much more? How much is this monthly premium? We are talking about 50USD, 500USD, more? You say out of pocket is in thousands per year - so I assume <10k? I wonder what is upper bound of yearly cost for having same or better level of healthcare as in Europe. If that's like 15k a year, than I would assume, at least for SWEs, it still makes a lot of sense to go to US - pay difference is huge. I would not be surprised that even you you would count 50k a year for medical it could still make a lot of sense to move to US if you are good - I don't hear that much about 300k, 400k or more TC per year in EU
- MRtecno98 3y agoIt's not only insurance, rent and cost of living in general is (on average) higher in the US, partly because of the higher wages
- maxerickson 3y agoIt's plan dependent. Lots of people will have an out of pocket maximum that is less than $10,000. The premiums will also vary, but probably a few hundred for most employer plans.
- tiahura 3y agoHow much is this monthly premium? We are talking about 50USD, 500USD, more? If you don’t know how much monthly insurance premiums are, you probably shouldn’t be arguing about the topic?
- Reubachi 3y agoThat person you're replying to isn't the original commenter who implied that it's cheaper to get healthcare in US due to salarys.
- ffgjgf1 3y agoMaybe you should you should be asking this the person that comment was aimed at? Because all of those things they mentioned are heavily dependent on the premium which they decided to omit in those hypothetical calculations
- ThrowAwayChris 3y ago>How much is this monthly premium? We are talking about 50USD, 500USD, more? Depends on who you are, where you are, who you're employed by, the ability of your employer to negotiate a deal, the willingness of your employer to provide "Cadillac" coverage to their workforce, and how much secret data broker information the insurance cartel has specifically on you and your prior medical conditions. The thing about healthcare in America is that everything is unregulated and completely opaque. Prices are impossible to find at time of use, impossible to negotiate, and for most customers facing a medical catastrophe they will be both "unconscious" and "out of network". If you have a serious out of network emergency that your dodgy insurance doesn't cover you could be up for anywhere between $50k and several million dollars and filing for bankruptcy the day you leave the hospital. If I had a very serious car crash with a helicopter evacuation and a lengthy hospital stay due to a spinal injury, a million might not cover it.
- randallsquared 3y ago> The thing about healthcare in America is that everything is unregulated and completely opaque. I would say "heavily regulated and completely opaque".
- kortilla 3y agoWell that’s what I pay out of pocket and have everything fully covered. It’s not unusual to have a plan like this in tech.