So, what is the cost? I am not asking what it costs YOU; I’m asking what amount of money is paid in total to the insurance company to cover you and your family. What you pay, and what your employer pays, combined.
Do you have any idea?
Are there any other things you buy that you have no idea what the cost is?
Do you think the fact that people are so insulated from the actual costs of health services causes the distortions in the market that result in such high prices and costs?
Do you think consumer-based, rather than government-based, solutions, like medical savings accounts and more realistic tax treatment of employer-purchased benefits (treating it as taxable income and giving people an offsetting tax deduction or benefit) would be a better solution to people’s present concerns?
Thanks.
How much does your health insurance cost per year?
So, what is the cost? I am not asking what it costs YOU; I’m asking what amount of money is paid in total to the insurance company to cover you and your family. What you pay, and what your employer pays, combined.
Do you have any idea?
Are there any other things you buy that you have no idea what the cost is?
Do you think the fact that people are so insulated from the actual costs of health services causes the distortions in the market that result in such high prices and costs?
Do you think consumer-based, rather than government-based, solutions, like medical savings accounts and more realistic tax treatment of employer-purchased benefits (treating it as taxable income and giving people an offsetting tax deduction or benefit) would be a better solution to people’s present concerns?
Thanks.
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The Thing
I know exactly what mine is, since I pay it, and it is a lot…but I would rather pay a lot than have the government run my healthcare.
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bigorangefan
$9, 344.40 per year for a family of 4.
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Goldenrae9
$1200 per year out of my paycheck. $20 copay per doctor’s apt and $20 per copay per script. So that’s an extra $400-500 per year. My work does its best to ensure that only 2% of our paycheck goes to healthcare too.
I don’t think that consumer based in the way to deal with a basic human need. People with insurance are being denied life saving procedures deemed too costly by their insurance companies. The number one cause of bankruptcy in this country.
There’s an interesting article about nursing homes going for for-profit that I attached.
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PATRICIA MS
After Medicare, my private insurance costs $1,988 per year.
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justagrandma
$18,000, a year, total, we have medical, dental and eyeglass coverage, with a $15 copay and a $!0 pharmacy co-pay as long as its generic and in their formulary. If its not, we pay full cost. We have to stay on the list of approved doctors and hospitals.
I think medical savings accounts are pitiful, they in no way reflect the cost of any kind of real illness or broken leg for a kid. The cost of employee based group insurance is lower than it would be for an individual policy. Changing the tax policy would be a disaster, businesses get their costs taken off now, and no tax deduction would compensate for the loss of income to insurance companies enough to compensate us for the proportionate loss of income. Not only that, but we would have to bear the higher cost of the individual policy, and it does nothing to answer the question of who is going to be insuring the older, or heavier, or smoker, or skateboarder, or skydiver at a reasonable rate. And who is going to insure those who are already ill, or who are about to go over there present limits. Its horrible to try to get insurance if you have ever had cancer, even though so many live through it now.
The insurance company isn’t insulated from the cost, they know how to put the screws on the hospitals and doctors by refusing to pay any more than an agreed upon price.
Insurance companies are already facing increased pressure as we become aware of the fact that they refuse coverage contrary to even the terms they list, that they don’t pay for months, sometimes years, leaving the ill to pay and go to court for coverage they thought they were paying for. And those never ending increases, uncontrolled, going up way past the increase of inflation. This is one business that needs a lot of looking into. I would hesitate to give them even more power. I wish there were sensible soulutions without going government single payer, but done right, looking at what other countries do and taking the best and using it for ours, if we want a healthy population that doesn’t have to go bankrupt when ill, its really our best deal.We do have the cream of the crop as far as coverage goes.
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captainstarkiller
One penny in every pound I earn.
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Jose R
~$5711 is the average per person in the US.
The Thing 1:06 pm on March 12, 2010
I know exactly what mine is, since I pay it, and it is a lot…but I would rather pay a lot than have the government run my healthcare.
bigorangefan 1:06 pm on March 12, 2010
$9, 344.40 per year for a family of 4.
Goldenrae9 1:06 pm on March 12, 2010
$1200 per year out of my paycheck. $20 copay per doctor’s apt and $20 per copay per script. So that’s an extra $400-500 per year. My work does its best to ensure that only 2% of our paycheck goes to healthcare too.
I don’t think that consumer based in the way to deal with a basic human need. People with insurance are being denied life saving procedures deemed too costly by their insurance companies. The number one cause of bankruptcy in this country.
There’s an interesting article about nursing homes going for for-profit that I attached.
PATRICIA MS 1:06 pm on March 12, 2010
After Medicare, my private insurance costs $1,988 per year.
justagrandma 1:06 pm on March 12, 2010
$18,000, a year, total, we have medical, dental and eyeglass coverage, with a $15 copay and a $!0 pharmacy co-pay as long as its generic and in their formulary. If its not, we pay full cost. We have to stay on the list of approved doctors and hospitals.
I think medical savings accounts are pitiful, they in no way reflect the cost of any kind of real illness or broken leg for a kid. The cost of employee based group insurance is lower than it would be for an individual policy. Changing the tax policy would be a disaster, businesses get their costs taken off now, and no tax deduction would compensate for the loss of income to insurance companies enough to compensate us for the proportionate loss of income. Not only that, but we would have to bear the higher cost of the individual policy, and it does nothing to answer the question of who is going to be insuring the older, or heavier, or smoker, or skateboarder, or skydiver at a reasonable rate. And who is going to insure those who are already ill, or who are about to go over there present limits. Its horrible to try to get insurance if you have ever had cancer, even though so many live through it now.
The insurance company isn’t insulated from the cost, they know how to put the screws on the hospitals and doctors by refusing to pay any more than an agreed upon price.
Insurance companies are already facing increased pressure as we become aware of the fact that they refuse coverage contrary to even the terms they list, that they don’t pay for months, sometimes years, leaving the ill to pay and go to court for coverage they thought they were paying for. And those never ending increases, uncontrolled, going up way past the increase of inflation. This is one business that needs a lot of looking into. I would hesitate to give them even more power. I wish there were sensible soulutions without going government single payer, but done right, looking at what other countries do and taking the best and using it for ours, if we want a healthy population that doesn’t have to go bankrupt when ill, its really our best deal.
We do have the cream of the crop as far as coverage goes.
captainstarkiller 1:06 pm on March 12, 2010
One penny in every pound I earn.
Jose R 1:06 pm on March 12, 2010
~$5711 is the average per person in the US.
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how much does health insurance cover a year, how much does personal care cost per year?