What percentage of your pay goes for health insurance??

ErinP · #**141** 02/05/10, 10:47 AM

Speaking for myself, I don't think there will be a free ride.

I'm just tired of paying a quarter of our income for something I can't even afford to use!!

salmonslayer · #**142** 02/05/10, 11:26 AM

Quote:

I'm just tired of paying a quarter of our income for something I can't even afford to use!

Yup, no argument here that we need to do something.

PyroDon · #**143** 02/05/10, 11:29 AM

Well lets see the percentage of pay going to our health care plan .
Feel free to figure it out since we have a new plan this year .
Monthly payments for the premium are 400 a month. Of course to qualify for the plan we are also required to pay a min of 100 a month into a health savings account. so in reality say 500 a month or $6,000 a year.
Now before insurance will pay a dime we have to cover the $2400 deductible
1200 of which can come from the health savings account .
but basically before insurance will pay a dime we will be paying $7200 out of the $14,000annual income . so it looks like our health insurance is cost us half of our income .
luckily both of us work so in reality its only costing us 26% of our gross income .
Though It still costs more each month than our home and car payments did combined . Of course it doesnt cover dental or vision so those are added out of pocket expenses .
And of course once the deductible is met the insurance will cover up to 80% of the cost provided you are treated by a doctor in the policy group and the treatment has been pre approved other wise your on your own .
It of course doesnt cover work related injuries such as accidents while farming or mowing your yard , or it seems a 9 yearolds tonsils though I have quite figured out how thats work related . I guess anything to do with living is now work related.
But our nation does need any type of insurance reform does it

Jolly · #**144** 02/05/10, 12:23 PM

Quote:

Originally Posted by PyroDon

Well lets see the percentage of pay going to our health care plan .
Feel free to figure it out since we have a new plan this year .
Monthly payments for the premium are 400 a month. Of course to qualify for the plan we are also required to pay a min of 100 a month into a health savings account. so in reality say 500 a month or $6,000 a year.
Now before insurance will pay a dime we have to cover the $2400 deductible
1200 of which can come from the health savings account .
but basically before insurance will pay a dime we will be paying $7200 out of the $14,000annual income . so it looks like our health insurance is cost us half of our income .
luckily both of us work so in reality its only costing us 26% of our gross income .
Though It still costs more each month than our home and car payments did combined . Of course it doesnt cover dental or vision so those are added out of pocket expenses .
And of course once the deductible is met the insurance will cover up to 80% of the cost provided you are treated by a doctor in the policy group and the treatment has been pre approved other wise your on your own .
It of course doesnt cover work related injuries such as accidents while farming or mowing your yard , or it seems a 9 yearolds tonsils though I have quite figured out how thats work related . I guess anything to do with living is now work related.
But our nation does need any type of insurance reform does it

I don't think anybody has said reform is not needed.

The problem with the latest effort was akin to rather than heating up a pot of water on the stove, the majority party tried to boil the ocean.

#**145** 02/05/10, 01:07 PM

Quote:

Originally Posted by Pony

I heartily assure you, Erin, that if I do indeed suffer a crash, I will get only the health care I can afford, and will pay for it.

You needn't worry your head about having to fund anyone other than your own little self, okay?

You may think that you'll be good with that thought, but be careful.

My brother was in a nasty car accident that left him with with a shattered left forearm, a shattered left ankle, a cracked bone in his right foot and when he woke up he could see his right hand behind his right shoulder-severely dislocated elbow. Add in a few cracked ribs, a chipped tooth and amild concussion. None of this was life threatening, but the hospital could not just let him go-not that he could walk out of there if he had to. He ended up being life flighted to a larger trauma center for the shattered bones and had to have metal plates put in. This required about 2 months of hospitalization and extrnsive therapy. He tried to get out of there as fast as he could, too, as he didn't want to run the bill up. This was 10 years ago and he still is in pain. The cost to him for all of this? Just under $1,000. Cost to the insurance? $250,000. He's thankful he had insurance.

What would you do if you were in a car accident like this? Just curious.

Pony · #**146** 02/05/10, 02:51 PM

Quote:

Originally Posted by ErinP

Speaking for myself, I don't think there will be a free ride.

I'm just tired of paying a quarter of our income for something I can't even afford to use!!

When you consider how much of your REAL income is going to taxes, and how much is TRULY left after income tax, FDIC, state tax (where applicable), property tax, sales tax, and on an on...

Nick figured it out once. I think in REAL dollars, we lose better than 50% of our income to taxes.

Then add the expense of insurance(s), deductibles, ad nauseum...

Ugh.

arabian knight · #**147** 02/05/10, 04:18 PM

Quote:

Originally Posted by Pony

Nick figured it out once. I think in REAL dollars, we lose better than 50% of our income to taxes.

Then add the expense of insurance(s), deductibles,

Geesh that has been reported for years that if you add up All the taxes and I mean ALL those even that you do not see it is somewhere in the 55% area. Nothing new at all. Has been going on now for years. SO??? You live with it, and keep on going.

Pony · #**148** 02/05/10, 07:10 PM

Quote:

Originally Posted by arabian knight

Geesh that has been reported for years that if you add up All the taxes and I mean ALL those even that you do not see it is somewhere in the 55% area. Nothing new at all. Has been going on now for years. SO??? You live with it, and keep on going.

No, you do NOT live with it and keep on going.

It's WRONG.

You do what you can to change it.

If you're not part of the solution, you're part of the problem (or you're precipitate).

Either way, to just accept a morally wrong status quo is to give it tacit acceptance.

arabian knight · #**149** 02/05/10, 07:26 PM

Quote:

Originally Posted by Pony

No, you do NOT live with it and keep on going.

It's WRONG.

You do what you can to change it.

If you're not part of the solution, you're part of the problem (or you're precipitate).

Either way, to just accept a morally wrong status quo is to give it tacit acceptance.

And by opting out you THINK you are solving anything?
The only thing you are, as others have also pointed out, is that the costs keep going to help pay for those that do not have any means of getting the bill paid. And knowing you could get help through SS Dis. you are part of the problem not me.

Pony · #**150** 02/05/10, 07:57 PM

Quote:

Originally Posted by arabian knight

And by opting out you THINK you are solving anything?
The only thing you are, as others have also pointed out, is that the costs keep going to help pay for those that do not have any means of getting the bill paid. And knowing you could get help through SS Dis. you are part of the problem not me.

Ah. There we have it.

I'll must move you over into the "Denial" category.

arabian knight · #**151** 02/05/10, 08:00 PM

Not worth it anymore. I'm done.

PyroDon · #**152** 02/05/10, 09:04 PM

Quote:

Originally Posted by arabian knight

Not worth it anymore. I'm done.

About time you dont have a horse in this race anyway .
your already on the socialized programs your rail against .
The question was how much of your pay goes to paying for insurance , not how much is your coverage costing the working man

ErinP · #**153** 02/05/10, 09:38 PM

And as Pony has already pointed out, those of us who are working are kicking in a boatload to SS and Medicare recipients.

PyroDon · #**154** 02/05/10, 09:50 PM

Quote:

Originally Posted by ErinP

And as Pony has already pointed out, those of us who are working are kicking in a boatload to SS and Medicare recipients.

Except that actually we arent kicking in any thing in taxes to either .
he government took money from SSI and what you see in the budget is them paying it back with the interest its owed nothing more . SSI its self is actually well in the black if the government replaced all the funds it took out .
but yes we do pay quite a bit in to ssi and will get it all back with interest.
medicare works much the same .
whats sad is Medicare could have been expanded to cover all citizens and been paid for by simply raising the medicare deduction a few percent, and avoided all the BS about health care in congress now

ErinP · #**155** 02/05/10, 10:01 PM

Social security hasn't been "in the black" since its inception. It has always been the current workforce supporting the current retirees.
Anything else is just a numbers game. The same is true of Medicare...
Though I agree with you here:

Quote:

Medicare could have been expanded to cover all citizens and been paid for by simply raising the medicare deduction a few percent

arabian knight · #**156** 02/05/10, 11:08 PM

Quote:

Originally Posted by PyroDon

The question was how much of your pay goes to paying for insurance

And I have already answered that by saying it is about 20% of what I receive in funds. Plus a co-pay on everything.
You wanted a percentage there it is.

johnghagen · #**157** 02/06/10, 05:34 AM

For you who dont have health insurance,there is coverage thru your auto insurance if you are in a wreck.This is weather it is your fault or not,you have coverage on yourself as well as the other guy.Some think that it only covers the other person not true.

Beeman · #**158** 02/06/10, 11:29 AM

Quote:

Originally Posted by arabian knight

Well it is a dead issue now as O has to go back to the "drawing board" and come up with something completely different before there is ANY change in ANY Health Care Reform.
So that is that until we hear from Washington in getting something done.
But I will say this. You have a bad bearing on your car.
You replace the bearing you DON"T throw away the wheel and hub, and get everything new~!!!!
The same thing applies to our health care. Is it perfect? heck NO, does it need to be tweaked? YES. Does it need to be dismantled and thrown away to start from something NOBODY knows anything about? NO~!!!!! End of it

Far from the "end of it", your car still has the bad bearing. You don't drive away from the shop, turn the radio up and make believe the bearing is fixed because you did nothing. You can believe someone that tells you it's OK but the wheel is still going to come off when the bearing burns out.

ChristieAcres · #**159** 02/07/10, 02:16 AM

ZERO, also. How I live my life is risk-based, anyway, take excellent care of myself, haven't been sick in 7 years now, haven't had the flu in more like 10 years, and haven't broken any bones or anything major in probably 15 years. This began out of necessity due to health insurance being so expensive. These days, I am considering a catastrophic insurance policy not for false security but more of a "safety net" should I end up seriously ill or injured. Of course, my other option, besides a DNR is a DNT (T-treat). Of course, my DH wouldn't be pleased with that idea. DH has Medicare due to his disability status (for as long as that lasts).