Page 11 of 58 FirstFirst ... 91011121321 ... LastLast
Results 101 to 110 of 576

Thread: Obamacare: Is a $2,000 deductible 'affordable?'

  1. #101
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 10:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by Velvet Elvis View Post
    I don't know about you guys, but I'm learnin' SPANISH.

    That way, if I ever really have to go to a hospital, I'll just pretend I'm an illegal alien. They'll waive my deductible then.
    Or you could learn to be nice enough the Canadians will accept you.

  2. #102
    Dungeon Master
    Chicks dig the long ball

    azgreg's Avatar
    Join Date
    Jan 2012
    Location
    Phoenix, AZ
    Last Seen
    Today @ 09:59 PM
    Gender
    Lean
    Independent
    Posts
    14,101

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by Velvet Elvis View Post
    I don't know about you guys, but I'm learnin' SPANISH.

    That way, if I ever really have to go to a hospital, I'll just pretend I'm an illegal alien. They'll waive my deductible then.
    Don't need to. All you need to do is go into the emergency room with no info, lie on the forms, get treatment, and walk out. I was talking to a emergency room nurse last fall and this happens all the time.
    I have CDO, it's like OCD but the letters are in alphabetical order like they should be.

  3. #103
    Ideologically Impure
    Simon W. Moon's Avatar
    Join Date
    Apr 2005
    Location
    Fayettenam
    Last Seen
    12-08-17 @ 02:05 PM
    Gender
    Lean
    Conservative
    Posts
    16,891
    Blog Entries
    5

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by jmotivator View Post
    ... are you being dense on purpose? The PENALTY for not having insurance will be $280 which is less than $500.
    I don't recall seeing the $280 figure here before.
    That's the source of my confusion. Not sure why you couldn't've said so earlier. w/e

    But we should adjust the break even incomes to reflect a cost of ~$500 bucks instead of $3850, yes?
    Quote Originally Posted by jmotivator View Post
    ($3852 - $695) * 40 = $126,280.00
    So it is cheaper for 85% of all earners in the country to not get insurance and just apply for it if they do get sick.
    ($500 - $280) * 40 = $8800

    ($500 - $695) * 40 = $-7800


    It is cheaper for [what percentage] of all earners in the country California to not get insurance and just apply for it if they do get sick?
    I may be wrong.

  4. #104
    King Conspiratard
    Dr. Chuckles's Avatar
    Join Date
    Nov 2011
    Last Seen
    02-13-14 @ 03:04 PM
    Lean
    Slightly Conservative
    Posts
    12,895

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by Erod View Post
    Obamacare: Is a $2,000 deductible 'affordable?' - Jun. 13, 2013

    So when does the "Affordable" part of the Affordable Care Act kick in? High deductibles and high co-pays were not what Obama sold us.

    Are they pooling individuals with the small business market, like they did in Mass? If so, small business owners and workers are going to take a pounding even providing that

  5. #105
    Banned
    Join Date
    Nov 2012
    Last Seen
    02-18-14 @ 08:18 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,660

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    When will voters learn that democrats create a dependent society that can't afford basic needs. They wanted this, now they are getting what they deserve.

  6. #106
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 05:08 PM
    Lean
    Undisclosed
    Posts
    6,157

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by Erod View Post
    So when does the "Affordable" part of the Affordable Care Act kick in? High deductibles and high co-pays were not what Obama sold us.
    You know, that sounded a little bit high the first time I looked at that. The second time around I realized that this was just for an individual plan and about wet my pants.

  7. #107
    Sage
    jmotivator's Avatar
    Join Date
    Feb 2013
    Location
    Virginia
    Last Seen
    Yesterday @ 08:50 AM
    Gender
    Lean
    Conservative
    Posts
    16,619

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by Simon W. Moon View Post
    I don't recall seeing the $280 figure here before.
    That's the source of my confusion. Not sure why you couldn't've said so earlier. w/e
    A previous post explained that the penalty for not buying insurance in the first year would be $95.00 + 1% of your income. For the example given, a person making $17k annually would pay $44 a month for insurance. But doing the math shows that that same person would pay a $280 penalty for not buying insurance.


    But we should adjust the break even incomes to reflect a cost of ~$500 bucks instead of $3850, yes?
    No, because the subsidy cuts off at $45k annually, so there is no subsidy to apply at the mid to upper income tiers.


    ($500 - $280) * 40 = $8800

    ($500 - $695) * 40 = $-7800


    It is cheaper for [what percentage] of all earners in the country California to not get insurance and just apply for it if they do get sick?

    The second number is for full implementation years down the road. My original point is that the health insurers will not be able to survive the early years of the program because they will lose a huge portion of their operating funds when people realize that it is cheaper and low risk to simply not buy insurance.

  8. #108
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 05:08 PM
    Lean
    Undisclosed
    Posts
    6,157

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by Samhain View Post
    I like my 3k/year deductable + HSA plan. my Premium is about 110 a month for family coverage. I also get quarterly rebates of 150/person
    Sounds very similar to my plan. According to the calculators for obamacare in California, for a silver plan a family should expect to pay a $13,000 premium, PLUS up to $13,000 in out of pocket - real out of pocket is $1000's more than what most people in this country make in a year!!!

  9. #109
    Sage

    Join Date
    May 2011
    Last Seen
    Today @ 02:23 PM
    Gender
    Lean
    Centrist
    Posts
    8,180

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    I had to construct my own cost matrix examining the total out of pocket costs of various plans for my wife and son. If I bet neither will use very much health care, we should go with the highest deductible plan. If either or both end up needing a lot of health care in a given year, it hardly matters because the out-of-pocket max is essentially no different (what isn't paid in deductible is bled from you in premiums). If one or both need a moderate amount of health care, it's a little bit of a toss-up, but still hardly any different. The worst bet is probably the lowest deductible plan and then needing very little health care all year.

    Long story short, people need to sit down and do the critical thinking, calculating, fill out their excel spreadsheets and cost matrices and realize that, a lot of times, you're not getting that good of a deal nor are you getting all that defrauded. If you think you're getting a screaming deal on health insurance, you better really do your homework and read the fine print, because skepticism is warranted. There's no free lunch in our health care system. Our health care is insanely expensive, the Affordable Care Act does not make care affordable, and so if you have money, you will pay. Unless you're old or poor and the DHHS takes care of you, of course.
    Last edited by Neomalthusian; 06-13-13 at 11:56 PM.

  10. #110
    Sage

    Join Date
    Dec 2011
    Location
    Florida
    Last Seen
    Today @ 08:35 PM
    Gender
    Lean
    Liberal
    Posts
    23,341

    Re: Obamacare: Is a $2,000 deductible 'affordable?'

    Quote Originally Posted by roughdraft274 View Post
    It's insurance. You can't just look at a single year and say "see you're over paying!" Because then you overlook that one year where you needed emergency surgery with a short stay in the ICU, where you shelled out a few thousand but didn't have to pay the other hundred thousand dollars of your bill. Do you really not understand that or are you being intentionally thick headed?
    You forget that he is a deadbeat and they don't worry about paying for the unexpected, they'll just use the emergency room. There will always be deadbeats gaming the system. They have nothing to lose so we really can't stop them entirely. The fines will increase in time and sooner or later it will dawn on them that it's better to have insurance than not.

Page 11 of 58 FirstFirst ... 91011121321 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •