quote:
I'm not sure why anyone is complaining about high deductibles when most are paying 2-3 times their deductible in premiums every year. $5000 deductible was high when people were paying $200 premiums, but now that everyone is paying $1000/ month for a family of 4 $10,000 deductible is actually percentage wise low.

Because it's a combination? As you said, you're now paying $12k a year just for the gift of insurance but what if you actually have to use it? Now you're in for $17k that year. 2 people, now you're in for $22k. Etc.

quote:
It's absurd, and the fact that Trump didn't hammer this home more shows how poor his advisers were or how poor he listens. I voted trump because I hate the lib direction but trump really campaigned about as poorly as possible the last 4 months.

Agreed. But these premiums are just coming to light in recent weeks, right? They should be jumping all over it though with ads and in his speeches. It's funny because I think from both sides people are saying you picked this election to put up this candidate? Hillary is un-trusted and not liked by the majority of people but Trump makes her look liked compared to him.

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Posted by Wasp

Off Highland rd.

Member since Sep 2012

1487 posts

Posted on 10/31/16 at 5:24 pm to Sho Nuff

quote:
Because it's a combination? As you said, you're now paying $12k a year just for the gift of insurance but what if you actually have to use it? Now you're in for $17k that year. 2 people, now you're in for $22k. Etc.

You are including the discount that you pay for those services because you have insurance. What you pay is likely only 1/2-2/3 of the charges you would have had if you didn't have insurance.

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Posted by baldona

Florida

Member since Feb 2016

20638 posts

Posted on 10/31/16 at 8:08 pm to Sho Nuff

quote:

Agreed. But these premiums are just coming to light in recent weeks, right?

Heck no, rates have been skyrocketing by double digit percentage points for 3-4 years.

If you are covered under your wife's plan that may be part of the reason it's gone up a lot. Obamacares goal is to no longer have 'family' plans and everyone have their own singular insurance. So they are pricing out companies from supporting spouses that work.

My comment about premiums v high deductible is that there is absolutely nothing wrong with high deductibles. Frankly that is actually ideal. You should be responsible for a couple grand of deductibles it keeps people honest and from going to the doctor for every snifle. But what is absurd is to have extremely high premiums and high deductibles.

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