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Pretzel_Warrior

(8,361 posts)

39. some % of people (usually young and healthy) who may opt for low premium/high deductible

Fri Oct 11, 2013, 07:33 PM

Oct 2013

will pay a premium every single month and use virtually no health care for multiple years. That was certainly true of me in my 20's and most of my 30's. Their premiums will go toward helping the high users of health care have more reasonable costs. See? That is what it means to widen the risk pool, etc. etc.

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The deductibles on the ACA seem to be really high. My brothers is $10,000. Is that per year? [View all] Logical Oct 2013 OP

But does he have an air conditioner!!!! NoOneMan Oct 2013 #1

LOL. n-t Logical Oct 2013 #6

10k does sound really high. Rex Oct 2013 #2

Silver. The payments are low per month, like $250. But the deductible is scary. n-t Logical Oct 2013 #9

BS. My silver level plan on ACA/CoveredCA has a $500 deductible and a $2250 put-of-pocket limit. kestrel91316 Oct 2013 #22

You might be on a reduced cost-sharing plan because you do have subsidies. moriah Oct 2013 #25

That might be it. Whatever the reason, I'm glad for it I LOVE ACA and it may end up saving my life. kestrel91316 Oct 2013 #35

Typically, yes, it's per year. All states are different. Low decucts=high payments. NYC_SKP Oct 2013 #3

$10K sounds like cathrophic policy if from exchange. Hoyt Oct 2013 #4

10k deductable = no insurance. n/t jaysunb Oct 2013 #5

Not getting no deductible no co-pay diagnostic tests = no healthcare VanillaRhapsody Oct 2013 #18

Prepare to be attacked... wercal Oct 2013 #7

Indeed. I did this a few days ago and was brutally assaulted by our version of Dittoheads... nt ReverendDeuce Oct 2013 #80

are there policies on exchanges with $10K deductibles? Pretzel_Warrior Oct 2013 #8

I would like to know also. Grateful for Hope Oct 2013 #10

Kansas, 2 people. 56 and 52. they both make about $20,000 a year each. $40,000 total. Silver plan. Logical Oct 2013 #11

that sound wrong. why would a silver plan have $10K deductible on exchanges? Pretzel_Warrior Oct 2013 #13

Silver plans are for respectible middle class folks who shouldn't need to choose between food NoOneMan Oct 2013 #14

but most silvers have higher monthly premium and lower deductible Pretzel_Warrior Oct 2013 #15

Why do we need different level of plans? NoOneMan Oct 2013 #17

you must not be familiar with insurance. or economic trade offs Pretzel_Warrior Oct 2013 #19

Why do we need different levels of plans? NoOneMan Oct 2013 #27

because people can choose whether they want to pay lower premium under the probability Pretzel_Warrior Oct 2013 #29

So health insurance sounds like gambling. NoOneMan Oct 2013 #34

most of life is about gambling. a poor person may choose to take on student debt Pretzel_Warrior Oct 2013 #37

Wow, we don't see the world the same NoOneMan Oct 2013 #41

This whole thing is just crap NoOneMan Oct 2013 #51

that is how all insurance works arely staircase Oct 2013 #71

"Nothing new here." Cal Carpenter Oct 2013 #74

Its how insane profit based insurance works NoOneMan Oct 2013 #75

only now everyone will be able to afford it arely staircase Oct 2013 #79

For people who don't use care, getting the lowest possible cost plan is better for them. moriah Oct 2013 #28

So was not having insurance NoOneMan Oct 2013 #31

It does make sure everyone is paying a portion toward catastrophic costs. moriah Oct 2013 #36

Why, you know, you could do that with a single plan NoOneMan Oct 2013 #38

For quite a few that would have absolutely no other way to finance a surgery.... moriah Oct 2013 #43

some % of people (usually young and healthy) who may opt for low premium/high deductible Pretzel_Warrior Oct 2013 #39

This link shows $12,000...... Logical Oct 2013 #23

What was weird on mine (linked below) is the deductibles ScreamingMeemie Oct 2013 #32

The Silver Plans are eligible for the reduction in Out-Of-Pocket expenses. DevonRex Oct 2013 #48

I've already done the application. That's how I got my plans. ScreamingMeemie Oct 2013 #49

Hooray! Well, maybe somebody else will see the info who needs it. DevonRex Oct 2013 #56

I'm glad to do it. I was really amazed at how all the information from the actual plan was ScreamingMeemie Oct 2013 #64

For two people that is the maximum - Ms. Toad Oct 2013 #50

That's a two-person deductible. Yo_Mama Oct 2013 #57

It's definitely not true...that is the Total out of pocket without the subsidies VanillaRhapsody Oct 2013 #26

He is fine with the monthly rates. It is the yearly deductible that is scary. n-t Logical Oct 2013 #45

I think that it the out of pocket max, not the deductible. n/t Ms. Toad Oct 2013 #54

What zip code in Kansas? DevonRex Oct 2013 #33

67501 Logical Oct 2013 #44

Reno County? DURHAM D Oct 2013 #47

Are you sure you're not talking about total out of pocket costs pnwmom Oct 2013 #77

I haven't seen one. nt bluestate10 Oct 2013 #12

Yes. There are. ScreamingMeemie Oct 2013 #20

that's pretty horrendous Pretzel_Warrior Oct 2013 #21

Thanks for this! n-t Logical Oct 2013 #24

Wish we could see the headers on the post MiniMe Oct 2013 #52

What is it you would like to see? ScreamingMeemie Oct 2013 #53

What are the headers to all the columns MiniMe Oct 2013 #55

Each header is for each level (Bronze, Silver, etc.---screenshot enclosed) ScreamingMeemie Oct 2013 #61

Thanks MiniMe Oct 2013 #63

If you have any other questions, ask me or PM me. ScreamingMeemie Oct 2013 #65

what age? Schema Thing Oct 2013 #66

43 with a 15-year-old son. ScreamingMeemie Oct 2013 #67

Very odd. Ms. Toad Oct 2013 #58

Yes. I took another screenshot so you can see the top headers. ScreamingMeemie Oct 2013 #62

Just run the numbers. Ms. Toad Oct 2013 #68

I can't do a high deductible. I'm a preexister who got bounced off her coverage. ScreamingMeemie Oct 2013 #69

At least you've thought it through - Ms. Toad Oct 2013 #72

This message was self-deleted by its author darkangel218 Oct 2013 #78

What is the income of your brother? bluestate10 Oct 2013 #16

it is wrong...see my post above. VanillaRhapsody Oct 2013 #30

Well, he did get subsidies for the monthly rate. But he still said he has a deductible. Are... Logical Oct 2013 #42

I'm not sure about deductible, but there are subsidies for the cost sharing Ms. Toad Oct 2013 #59

I didn't sign him up so I don't have screen shots. So I cannot validate his experience. nt Logical Oct 2013 #40

See my post above. $20,000 each, 56 and 54. The monthly rate is fine. The deductible is scary. n-t Logical Oct 2013 #46

What state does he live in.. what is his income (aprox.)? Motown_Johnny Oct 2013 #60

This is what you get when profit ileus Oct 2013 #70

Yep, crappy high deductible policies for all! quinnox Oct 2013 #73

The silver plan I'm looking at has a deductible of $2250. kestrel91316 Oct 2013 #76