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10/19/2015
Location
Edinboro, PA, USA
I am self-employed with a family of 5. Looking for a health insurance plan that covers moto injuries, and bad things such as cancer expenses. Currently everyone is 100% healthy.
Basically we are looking for a plan that won't put us in financial ruins if something really bad happens.
If you're self-employed with a higher income, what insurance are you using, and what's the cost of the plan?
Basically we are looking for a plan that won't put us in financial ruins if something really bad happens.
If you're self-employed with a higher income, what insurance are you using, and what's the cost of the plan?
My Wife and myself on the plan, $3400 a quarter = $13,600 a year with a $7,000 deductible.
Works out to $1180 a month if We stay healthy, $1750.00 a month if we don't.
I'm not even sure that those policies are even available because initially, the ACA banned them. But maybe they are now.
The Shop
Luxon 4-Post Bar Mounts
$189.95 - $239.95
DeCal Works Huge Plastic Inventory of UFO and Polisport kits.
So to my knowledge you can't buy one.
I am 35, wife is 33, and the kids are 5, 3, and 1. No hardships to qualify for, and trying to avoid hardships to begin with.
I do know under an income of $41600 health Care is free for a family of 5, $41600 to $75000 it's discounted, and over that if self employed it's looking like 900 to $1700 a month. Health insurance for the self employed is a 100% write off so that helps some come tax time.
At this point I am looking for the cheapest insurance that will 100% cover catastrophic situations. I've skimmed by for free the last few years building my business up, and living way below our means, but it's time to pay up now.
I wish Obamacare didn't raise the cost for successful self-employed people so much.
It's like you get penalized for doing well in life, or get rewarded for being a slacker.
Do you realize that with your plan they pay nothing till you pay the first 7,000?
For your monthly cost, don't you think your healthcare should be "free" with no deductable?
This is what you posted. Unless there is a catastrophe over 7 grand, you have nothing.
500Guy:
I have a HSA, High deductible United Health Care plan
My Wife and myself on the plan, $3400 a quarter = $13,600 a year with a $7,000 deductible.
Works out to $1180 a month if We stay healthy, $1750.00 a month if we don't.
Was it my fault for being an idiot and not having the proper coverage. Yes.
It can absolutely ruin you.
Kinda got lucky last year. I would have been ruined again if I hadn’t been covered. Had a major injury and racked up over 100k in Med bills in 2 weeks. But, I was covered and only spent a few thousand out of pocket all said and done.
It’s more than a scary thought.
This subject has been hashed over many many times on here. What I have found is that most people don't like being told that they are being seriously fucked by their insurance companies. They just want to feel safe and protected.
Each case is different and your results may vary.
Some might say that the services they provide us with would also suffer and that might be true, but at the end of the day we are all gonna die anyway. I will take the same policy that my great great grandpa had. What exactly are we insuring ourselves from anyway?
The difference between social medicine and insurance is the insurance company doesn't have to pay the claim and will look for any reason not to.
Pit Row
Less than $500/month and we have help. We have used it successfully for a daughters broken arm. No inquiry as to how it happened (not moto related), just needed to do some negotiating for paying in cash. It was 8-12 months before we were reimbursed, but it did happen.
Our traditional insurance was quoted at $1,700/month with a $9,000 deductible. $29,400 out of pocket before receiving an 80/20 assistance doesn't work with our budget.
and other expenses. Ultimately, I had my BMT at UCSD. But prior to that, because it's a rare cancer they never said no to things. The first treatment I asked for was not an approved frontline treatment for my cancer and they authorized it anyway, pretty sure it was about $80K just for them to let me try it.
So not all insurance policies are bad.
TM
I was considering going no insurance for the first time in my life, but looks like once we have our second kid more subsidy is going to kick in and it's going to stay around the same price.
At that time I was turned down for insurance because of my BP meds. Couldn't get it.
TM
TM
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