At this point I'd say bring on the government healthcare.
Premiums are just dipping the toe into the pool for healthcare costs at this point.
$500 a month or $6000 a year so a giant company can high-five the medical cartel ("negotiate") and get 65% off their criminal prices.
Then if you have a problem, pay for the whole thing yourself after the 65% discount.
A few additional thousand dollars.
This is the deductible.
Have a big health problem?
The insurer will start paying for half of it after the deductible.
They used to pay for all of it after the deductible, but those days are long gone.
Then after you pay out about $9000 (premiums don't count), the health insurance company will reach into its pocket and start paying out all the costs. (They start losing money for the year on your personal account at this point, but will probably get it back next year)
Anyone who does not like this yearly scam can just pay full price if they have a medical issue.
That's a new car or a new house.
My uncle got a colonoscopy and polyp removal, but the insurance refused to pay so he owed $15000.
A lot of Americans owe medical debt.
Over half of Americans have up to $10,000 in medical expenses, whether they have health insurance or not.
Then there is the lovely out-of-network scam where if you drop dead in the wrong area code, they bring you back and tell you the insurance covered nothing.
Or maybe your in-network hospital team has one or two doctors visiting from California, they are out of network, and they will be presenting their full bills.
They just passed a law outlawing this, but we'll see if the medical cartel feels like following it.
The cartel certainly didn't obey the upfront pricing law.
A new report found that just about 25 percent of hospitals are fully compliant with a federal price transparency rule that requires all hospitals to post their prices online in an accessible and se…