Hypocrisy (Warning--Health Care Thread)--updated

oldpbnoob wrote: mbro wrote: Man, your guys insurance plans are ridiculous. My out of pocket is $853/year for a $500 deductible PPO. Obviously my company picks up most of the tab. If I had a wife and kids it would be around $1,200/year. 11 years ago, before my wife took the job with the school system, we had an insurance policy that had a ridiculous decutible (iirc it was like $2500), did not cover pregnancy and was essentially for major issue like if I had a heart attack. It cost us $250/month.  Now, we pay close to $200/month for our entire family. Unfortunately, this $200/month is must our portion. The district is paying the rest as part of her salary and from my understanding it is a substantial amount, over $1k/month.   One thing you need to realize MBro is that you are considerably younger than I am as well. What portion of your insurance is your employer paying? Back in the day, I had an employer paying most of my insurance costs when i was in my 20's. I am surprised it would be that low even with a wife and family because women usually jack up the costs substantially due to the possibility of pregnancies.

They pay pretty much all of it. The company is self insured. All the employees pay the same regardless of age. They give us three different plans to choose from and I have the most expensive one. Your costs only increase when you add dependents to the plan.

scotchyscotch wrote: Just out of interest, How much, (% of earnings wise) do you guys pay for insurance purely for medical?

Its not a set percentage. In my wifes case it is actually a quite high percentage, but if you take into account my income it becomes more reasonable. I also work partially on commission so my pay fluctuates, and some years quite a bit. On a "normal" year it would probably be 3% or so of our combined income. This is just strictly based on the cost that we spend for the insurance. It doesnt take into account co pays, medications, emergency room visits etc.

Edited by oldpbnoob - 29 June 2012 at 4:44pm

Yeah that question was a bit stupid. I was just think that I pay 20% on any wages over around £7500 ($11,776) for all tax so with "free healthcare" I was wondering how it stacked up compared to you guys.

I pay 31% tax on any given check between my rate and followed by federal income withholding, Social security, state income, medicare, 401k (self funded retirement my company matches .5% up to 6% of my income, I contribute the max match plus 1%) After that it's my health insurance cost of just slightly over $16/week.

I'm sure my insurance falls under the cadillac plan rules and my company is going to pay more taxes because of it.

I just took a ten question quiz on the health care law. I got 10/10 which is better than 99.6% of people that have taken the quiz.....

Let me know what you guys get: http://healthreform.kff.org/quizzes/health-reform-quiz/

2/10

10/10 answered correctly.


Bi-weekly health insurance for me is $14.42 (for a total of $28.84 a month) with my employer paying $444 a month.

If I had a family it'd cost me $240.15 a paycheck ($480.30 a month) with my employer paying $1,142.70.

Edited by Linus - 03 July 2012 at 11:15am