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Originally Posted by donc  From the link we have established that the annual premium for single coverage averaged over $4,400,so lets give this guy a $1000.00 deductible, also let him/her pay the lab fees him/her self, until said deductible is met. Now were left with $3300.00 spread out over a 52 weeks, that comes out of his weekly pay of $225.00- $65.00=$160.00 now remember we have given this person ten hours OT per week if that is taken away it will represent almost half of his take home of$160.00 per week. Ok Jerry here’s your high deductible with 2007 numbers, his take home would be between $90.00 and $160.00 know any place he can rent for …say around a hundred a month? |
The established average annual premium for single coverage may be for a policy that is more than catastrophic. What is the average premium for catastrophic single coverage for someone in a minimum wage job?
We have not established that the hypothetical individual will have any lab fees or co-pays at all in our example year. How likely is this person to suffer a non-job-related serious illness or injury
People do go a long time with out becoming seriously ill or injured, and that must be taken into consideration.
Yes, I'm being a stone headed dick. It's ok to say it.