@WallStreetApes For a year’s premium, it’s already $10800 saved. Suppose you got accident, say, 1 per 3 years, you paid $32400 in order to have the privilege of fulfilling the deductible, say, $6000, and then coinsurance, say 40% till OOPM.
($22000 - $6000)x40%=$6,400.00
That’s 12K in total.
American doesn’t have health insurance. He just had to spend 2 nights in the emergency room
He was shopping for health insurance but the cheapest plan he could get was about $900 per month, so he went without
Heres what he was billed without insurance in the emergency room
- The emergency department visit was almost $5,000
- Observation stay, $6,000
- Laboratory panels, $2,000
- More bills are listed
The total came out to be $22,000
But because he didn’t have insurance he got a discount
“$2,400 is what I ended up paying because when you don't have insurance, these hospitals give you a discount and they discounted off $19,600”
Keep in mind if he had health insurance he would be also paying $900 per month in premiums
Health insurance in America is a scam
He thinks they’re over charging health insurance companies and that’s why they can give a discount, but that’s not true
What’s really happening is a scam
These cash discounts are reported nationwide in America. Uninsured cash-pay patients routinely get up to 80% discounts off prices
These discounts are on everything, including dental
We need healthcare reform