Las Vegas Advisor Menu
« LVA Forums « Vegas Free-for-All

I had a delightful conversation with a health Insurance company rep this morning

hoops2
hoops2
Mar 26, 2014
9:14am
Block User
Quote
Originally posted by: Chilcoot
Quote
Originally posted by: hoops2
We were told that obamacare would provide low cost insurance and we are not getting it - another lie
Except it is low cost. And very good.

More fake tears from hoops2.



Chilly you have been debating with boiler about policies when you include the deductible that cost at least 15,000 per year. That is not cheap.
Dan Svatass
Dan Svatass
Mar 26, 2014
9:43am
Block User
Quote
Originally posted by: hoops2
Chilly you have been debating with boiler about policies when you include the deductible that cost at least 15,000 per year. That is not cheap.
"At least $15,000 per year"? How do you figure?

The Illinois BCBS policies we've been discussing cost $6,600 a year. They also have a $6,000 deductible per person ($12,700 per family), with 100% coinsurance. After these amounts, all the treatment for the rest of the policy period is free. And there's no separate outpatient drug deductible.

I guess the question gets down to the value of health insurance. If a family is so incredibly wealthy (Koch family, Sam Walton family, Bill Gates family) that it can afford to pay out of pocket for any health bill, I agree, health insurance may not be a good choice. They have the means to self-insure. But so few people are that rich that, when it comes to setting public policy, they may be ignored.

For the vast, vast majority of Americans (say, 99.99999999989% of them), we can't afford to get ill like jatki99 has, what with $16 million in health bills to date and counting. That'd ruin any of us, and leave our debtors (hospitals, doctors, and the government) holding the bag. And you know who they pass those costs on to.

You'll need to explain your idea of "cheap" for this conversation to advance.
Don
Don
Mar 26, 2014
10:39am
Block User
Quote
Originally posted by: Chilcoot
For the vast, vast majority of Americans (say, 99.99999999989% of them) . . .
Chilcoot overstates his case, . . . as usual.
.00000000011% works out to less than 1 person, given the population as DonDiego types of 317,759,425.

Ellen Locke
Ellen Locke
Mar 26, 2014
10:48am
Block User
Quote
Originally posted by: Chilcoot
Quote
Originally posted by: hoops2
Chilly you have been debating with boiler about policies when you include the deductible that cost at least 15,000 per year. That is not cheap.
"At least $15,000 per year"? How do you figure?

The Illinois BCBS policies we've been discussing cost $6,600 a year. They also have a $6,000 deductible per person ($12,700 per family), with 100% coinsurance. After these amounts, all the treatment for the rest of the policy period is free. And there's no separate outpatient drug deductible.

I guess the question gets down to the value of health insurance. If a family is so incredibly wealthy (Koch family, Sam Walton family, Bill Gates family) that it can afford to pay out of pocket for any health bill, I agree, health insurance may not be a good choice. They have the means to self-insure. But so few people are that rich that, when it comes to setting public policy, they may be ignored.

For the vast, vast majority of Americans (say, 99.99999999989% of them), we can't afford to get ill like jatki99 has, what with $16 million in health bills to date and counting. That'd ruin any of us, and leave our debtors (hospitals, doctors, and the government) holding the bag. And you know who they pass those costs on to.

You'll need to explain your idea of "cheap" for this conversation to advance.


Jatki is ill? Get well soon!


malibber2
malibber2
Mar 26, 2014
11:29am
Block User
Gosh, one wonders what type of yearly income one would have to have to afford to pay $6,600 in premiums plus $12,700 in coinsurance and deductibles per-year? If one made 50k a year that would be close to 40% of their gross income going to medical expenses that doesn't sound very affordable. I'll tell you something else once you start incurring hundreds of thousands a year in medical bills you will be surprised to find out how much over and beyond that $12,700 you will pay.

For instance my wife is supposed to be discharged from the hospital by this weekend. The doctors at the hospital say she needs home health care and supposedly Obamacare says it pays for this, but the reality is much different. The hospital social worker has called all the places they normally send patients to for home healthcare, but has yet to find a home healthcare agency that is in Network for Obamacare.

Quote
Originally posted by: Chilcoot
Quote
Originally posted by: hoops2
Chilly you have been debating with boiler about policies when you include the deductible that cost at least 15,000 per year. That is not cheap.
"At least $15,000 per year"? How do you figure?

The Illinois BCBS policies we've been discussing cost $6,600 a year. They also have a $6,000 deductible per person ($12,700 per family), with 100% coinsurance. After these amounts, all the treatment for the rest of the policy period is free. And there's no separate outpatient drug deductible.




Dan Svatass
Dan Svatass
Mar 26, 2014
12:40pm
Block User
Quote
Originally posted by: malibber2
Gosh, one wonders what type of yearly income one would have to have to afford to pay $6,600 in premiums plus $12,700 in coinsurance and deductibles per-year? If one made 50k a year that would be close to 40% of their gross income going to medical expenses that doesn't sound very affordable.
Illinois families who earn less than $78,000 a year qualify for premium subsidies. So someone who makes $50k won't pay $6,600 in premiums.

malibber2, how many hundreds of thousands do you think your sick family will save this year thanks to your new Obamacare policy? A policy which, I'll remind you, doesn't prohibit people with serious pre-existing conditions like you and your wife from being covered? What value do you put on not being bankrupted, not losing your home, not living on the street with your child?

$200,000 in savings? $400,000 in savings? What's your current estimate?
Dan Svatass
Dan Svatass
Mar 26, 2014
12:43pm
Block User
*double post*
forkushV
forkushV
Mar 26, 2014
3:29pm
Block User
Quote
Originally posted by: Chilcoot
Quote
Originally posted by: malibber2
Gosh, one wonders what type of yearly income one would have to have to afford to pay $6,600 in premiums plus $12,700 in coinsurance and deductibles per-year? If one made 50k a year that would be close to 40% of their gross income going to medical expenses that doesn't sound very affordable.
Illinois families who earn less than $78,000 a year qualify for premium subsidies. So someone who makes $50k won't pay $6,600 in premiums...
And what would the Nick* family pay per month if their income was $50,000? I'm glad you asked!




*still a lying sack
jatki
jatki
Mar 26, 2014
4:43pm
Block User
How embarrassing.
Boilerman
Boilerman
Mar 26, 2014
10:20pm
Block User
Here is part of Chilcoots quote. "I guess the question gets down to the value of health insurance."

Those who don't like the "value" that Obamacare offers have it forced on them via fines. Of course, Liberals always believe that they know what's best for others.
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now