I am writing this post “Even with Health Insurance- Medical Bills CAN Ruin YOU” based on something one of my friends posted a couple of days ago. The statement is so true that I decided to elaborate in this blog post. Often times people are not looking at all the facts. The main thing the media talks about is how many people are insured that were uninsured before. Yet they miss something very crucial, how many of these people have actually used these plans and for those who have these plans that are using them, is it covering all that they need? Or is there a GAP in their coverage?
When my friend said even with health insurance, medical bills can ruin you she was talking about having BILLS left over even after co-pays. What I have always told our clients is you need to have a backup to your health insurance because NO HEALTH INSURANCE plan (hear me now) covers 100% unless it is potentially an employer sponsored plan.
Remember the plans under Obamacare are the Platinum plan which is 90% is covered and 10% falls back on the insured. I don’t know ONE person that has that plan. This plan will not be affordable for the masses. As a matter of fact, this plan may not even be offered in all states. Then the second plan is Gold which is 80/20, then the Silver plan which is 70/30 and the remaining Bronze which is 60/40. Let’s be REAL there are a lot of people in that 60/40 plan. So if you have problems paying your monthly premium, how are you going to pay that 40% that is YOUR responsibility?
While it appears there’s a lot of INSURED people, how many of these people are UNDER-INSURED? Of those people who are struggling to pay a premium right now.. today in 2016, WHEN the rates go up for 2017, how many will keep insurance or DROP it altogether?
There will be a time when each person has to look themselves in the face and be honest saying will I struggle to pay for health insurance or will it be more important to pay my mortgage, keep food on the table for my family or even still have the ability to get my medication!
Are you brave enough to leave a comment about your situation?