What state is that?!?!?Granted, I'm single, but I get pretty much a cadillac plan for about $50/mo.....Obamacare is gonna ruin that one for me however when it fully kicks in.
I would be very interested in learning more about this 50.00 per month health insurance plan.
Yeah, mee too.
Average US employer sponsored plans are $16,351. That includes the Walmarts and Exxons who can negotiate privately. Small businesses like mine pay a lot more at least until Obamacare's exchanges come to my area which will be soon hopefully. They will likely lower my premiums substantially. Theses numbers include all states like Arkansas and Alabama where costs are much lower than my area. Add to that a number of pre-existing conditions which are still factored into rates until 2014, and that's the number. My actual number is $2453/month. It's $29,436 so I rounded a bit. I get a real Cadillac plan with no referrals needed and no deductibles. I could get a higher deductible plan with restrictions for much less.
I also opt for obstetrical benefits that I shouldn't need but I have an 18 year old daughter who's away on my policy and anything can happen.
I expect next year to pay substantially less under Obamacare since my pre-existing issues will not be considered.
Right now, I'm W2 and the $50/mo is company insurance (I get paid bi-monthly, maybe it is $100/mo and $50 per paycheck? One or the other.
I preferred when I was doing 1099 work, that I got a high deductible insurance account only for emergencies (in the old days they called it "major medical"). I had like a $1200 deductible....monthly was about $200/mo or so (and I have pre-existing conditions too).
But with that, I could also open a HSA (Health Savings Account) into which I could sock away about $3K a year pre-tax, which I used for routine health needs (checkups, contacts, etc). The nice thing about those are...they are not use it or lose it like the employer offered FSA's. So, I was building year after year of my health dollars up.
If I had a balance (which hopefully I would) at retirement, those funds convert to retirement funds.
I liked this situation much better as that I was in charge of my medical dollars, it didn't break the bank, and I also found that when I went to many Drs or for exams (like one MRI) and I told them I didn't have insurance and was paying for it, they gave me like %15 cut right off what they originally were going to charge me.
I'd much prefer health care to not be tied to jobs/employment, and let people save like I described and shop with their medical dollars.
Before the bean counters and HMO's got into the scene, you did shop around for doctors that hung their shingle out as indie businessmen....and when I was growing up, it seemed to work and prices weren't nearly so bad as they are now.
I figure I save monthly for my basic needs (food, shelter.etc)...why should we not save also for health needs, at least the routine ones just like we save parts of our money for the basic necessities?