I make between 60-100k a year, (sorry, I know that’s a wide range, but I rather not be specific) and I can’t afford insurance worth having. The only plans without a 10k out of my pocket before they cover anything at all started at $450/ month. I ended up with a plan that covers nothing until I spend like 5 grand out of pocket. Just shy of $300/mo.
But, I live in a red state, so maybe you’re not wrong. Private Insurance for healthcare is still an assinine idea in general high.
AA5B@lemmy.world 8 months ago
Do they offer a Health Savings Account? These high deductible plans should normally be paired with an HSA, and together they make a more reasonable choice.
The be actually been wanting to switch because I think I would save money. I have a more traditional plan right now and it’s very expensive but covers my family for most things, with a minor copay. For the same cost to me, I could get both a high deductible insurance plan and fund an HSA sufficiently to cover that high deductible. In years we use it all, it break even. However if we don’t use the full HSA, it builds toward future costs
ThanksForAllTheFish@sh.itjust.works 8 months ago
This is wild, in the UK, if you were in an accident and needed years of surgeries, it will always be free. The cost of parking to visit the hospital will be the most expensive thing anyone ever gets billed for, and that will be around 10 dollars a day. We do pay income tax, but lower income earners pay less or none. Theres also sales taxes, and things like sugar, alcohol and nicotine are taxed quite highly as they can contribute to health problems. But it’s all well worth it to never worry about medical costs. www.gov.uk/income-tax-rates gov.uk/…/sugar-tax-revenue-helps-tackle-childhood… www.gov.uk/tax-on-shopping/alcohol-tobacco
KevonLooney@lemm.ee 8 months ago
HSAs are actually pretty good if you don’t use healthcare. They allow you to invest $4K tax-free per year per person. You can use them for any medical expenses, including condoms, dental care, glasses, nasal spray, tampons, acne medicine, masks, sanitizer, mental health care, in-home caregiver services, and long term care. You are definitely going to use the money eventually, and you can invest it tax-free.
www.goodrx.com/insurance/…/hsa-eligible-expenses
For any people from the UK, “dental care” means a special doctor just for teeth. Yes, that’s a thing.
ThanksForAllTheFish@sh.itjust.works 8 months ago
In the UK you can invest £20,000 (25,000 USD) per year into a fully tax free ISA savings account. You can spend it on anything you chose at any time, and you will never need to spend any of it on healthcare against your will. www.gov.uk/…/how-isas-work
Dental care is free in the UK for under 18s, people who are pregnant or low income people. nhs.uk/…/who-is-entitled-to-free-nhs-dental-treat…