mojo84 wrote:This issue started long before the current dictator in chief took office. He has just seized the opportunity to "change" the country.
Being in the insurance business for over 15 years and my wife close to 25, we were talking and laughing last night about how much we are hearing and seeing people say how much they "liked" their insurance plan and coverage. Not too long ago, you would be very hard pressed to find someone that didn't hate their coverage and insurance company to the point of cussing them.
I'll be the first to say, the system needed fixing but it didn't need this. Prime example of be careful what you ask for. Until we get a handle on the cost of care and treatment, the cost of insurance will just continue to skyrocket.
For my wife's Humana policy, we would be one of the ones that liked an old policy. It was only $245/month. It had a $5000 deductible, and 70/30 until another $5,000 out of pocket was reached. It had reasonable copayments for office visits and other services. Lest $10,000 sound like too much out of pocket, when my wife had her rotator cuff repaired in June, the bill for 4 hours at the Baylor outpatient surgery center in Trophy Club was over $23,000. Add to that the surgeon's fee, the anesthesiologist fee, all the physical therapy, etc., etc., and we got a comparative bargain. Yes, $10K is a lot of money, but almost anybody above the poverty level can beg or borrow that $10K if they have to. (We took it out of our retirement account.) No, it's not easy, but it is doable, and that much out of pocket was offset by the fact that for the past few years, the annual cost of her health insurance has been affordable. We didn't go so broke paying for a more expensive plan that we couldn't afford the $10K when it became necessary.
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, "Those Who Remain"
#TINVOWOOT
