I Don’t Understand Health Insurance
I mean, I love it, but I hate thinking about it. I just sent in a mess of claim forms to Aetna hoping to get back some semblance of money with which to pay my shrink. They were all, “Talk to the hand” about half the charges because I hadn’t met my deductibles at that time. My plan isn’t quite what you call a “high-deductible” plan, though, I don’t think. I’m not sure. But:
The investment firm Fidelity recently surveyed employees at various companies who had opted for a high-deductible health plan linked to a health savings account. About half of those workers said they or a family member had chosen not to seek medical care for minor ailments as many as four times in the last year to avoid paying the out-of-pocket expenses.
As any doctor will tell you, small health problems left untreated can become big problems, warns Kathleen Stoll, director of health policy at the health care advocacy group Families USA. “This is just one of the many high-deductible pitfalls consumers need to watch out for,” Ms. Stoll said.
Patient Money: The Many Hidden Costs of High-Deductible Health Insurance
liz | 1:42 PM | hospitals / hospitalization, meds
health insurance is very confusing. I work for an excellent employer. I have insurance for 6 people and doesn’t cost me that much. My daughter was recently hospitalized. The total bill was about 29,000 after insurance we only had to come up with about 1500. It’s a very good insurance but all of their requirements and terms are very confusing!
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