The good news: once Obamacare kicks in, out of pocket health costs will be capped at about 6 K for individuals and 12 K for families. The bad news: you could still end up in bankrupcty if you don’t have that kind of money. But I believe most hospitals and health care providers can put you on an extended payment plan.
Marching forward in the new Gilded Age where the banks get bigger and bigger, even as they outsource more jobs to other nations…
The money-shot quote from this article:
Francois de Brantes, executive director at the Health Care Incentives Improvement Institute, said high-deductible plans are exerting a Trojan horse effect, “awakening the general public and individual plan members to the absolutely insane way in which health care prices are being set today and in which health care services are being paid for today.”
Ahhh, the unintended consequences of change…
Shocking news: providers and hospitals suffer when everyone has high deductible health plans and little cash on hand to pay the bills.
Adam Gaffney serves us a dose of high-deductible health plan education straight-up.
Then again, maybe not.
Just pointing out the obvious here: when people don’t seek health care because their deductible is too high, they are effectively blocked from getting the care they need. And also, the economy suffers.
Just what kind of fees are we paying in Rhode Island under the current treasurer’s “alternative” investments?
…And don’t accidentally use that HSA debit card for something else, or you’ll be sorry. Read on.