Health insurance premiums go up every year, as does your deductible.
What this means is that both you and your employer pay more every year to have health insurance, only for you to have to pay more in order to use it.
The math is actually quite silly.
If you have an 8K deductible, and your premiums cost ~2K per month, that is almost $30,000 a year that you would need to pay, before health insurance covers that first dollar.
This isn’t even factoring in the copays and deductibles that you will also have to pay at the same time.
“The math is actually quite silly.”
Speaking of that first dollar, if you happen to be out of network, the insurance companies won’t even pay it.
Or if your health event happens towards the end of the year, your deductible can reset, forcing you to pay it all over again.
On the other side of the coin, they are running your physicians, and their practices, ragged.
Insurance companies are running your physicians, and their practices, ragged. Click To Tweet
They regularly don’t pay, and force physicians to play games in order to get paid.
These games are expensive and have created the system that we have now with high volume practices with little time for actual patient care.
Remind me again how health insurance isn’t a scam?