Health Care Insurance.?

  • by William Daugherty II
  • Jul 31,2017
  • 17 answers

Hello, I pay 1600 per month for health care insurance. Mostly because I have a family of 4, and my income is so high.
I feel ripped off because they are charging me so much, and they want a part of my hard earned income.
Also, my dental insurance is still the same amount for all 4 of us, as it was for 1. Plus we pay high deductibles, and usually have to pay most if not all of our medical expenses anyway.
What can I do??? I can't stand to pay almost 20k per year anymore!! Also, is there an option to pay a minimal amount out there with an income over 100k (i.e., not Obamacare)?
I feel there has to be way to take control over the money that I am spending. I feel there has to be a way to opt out of medical altogether, or find some very inexpensive provider/


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Insurance Answers (17)

Amy 6 months ago

You can look for a cheaper insurance plan. The ACA Marketplace is a start, but the companies also offer plans directly.
If this one is offered through work, talk to HR about finding a better set of plans. Or about the company paying part of the cost, which would be expected at such a high-paying job.
You should also be using an HSA to at least make your medical expenses tax-deductible.
Unfortunately, as long as the Republicans keep trying to destroy Obamacare, premiums will keep going up. Right now the insurance companies don't even know whether they will get paid the subsidies.

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vulcan_alex 6 months ago

If you and your family are healthy there are alternatives. The penalty can be avoided if you don't get a refund. There are other types of cooperatives.

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JAM3 6 months ago

Hmm

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Cathi K 6 months ago

There are health sharing ministries. They are not insurance but an exception to the insurance law. They are much cheaper.

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anonymous 6 months ago

No

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H. Marie 6 months ago

consider this, all six of you have teeth cleaning no less that twice a year, that's probably at least $540 twice a year, then if things need to be repaired, each visit is likely anything less than $200 so the dental bills mount up without insurance
health insurance will depend on how healthy you all are, I can't believe when I go to any doctor or ER how many children seem to ailing, and every visit costs
you are probably fortunate to have that rate for 6 people

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JazSinc 6 months ago

The -R party says everyone should get a job working for a large employer that has a better plan.

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asmaulhoque115 6 months ago

sorry to describes

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Philomel 6 months ago

Have you tried negotiating a side deal with the doctors?
Arrange to pay 20% of the bill cash, up fornt and he won't need to file any paperwork with the ins co.
If someone gets Cancer or any majoe medical problem it leaves you out in the cold because then you can't get insurance. You need to self insure. Put away the 1600/ month into a fund for medical bills.

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people 6 months ago

Stop bellyaching! I'm single and in 1997 I was paying $300 a month for health insurance AND had NO job! I was NOT eligible for assistance for Medicaid (USA) and NO-ONE and I mean NO-ONE helped me. I also had high deductibles.

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jack 6 months ago

AWAY FROM THE QUEENS GUARD !

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Jackboot 6 months ago

Shop around; cut household expenses until Obamacare is repealed.

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Charles 6 months ago

Too much

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Robert 6 months ago

Ok

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Flower 6 months ago

Dental insurance was never a part of the ACA or Obamacare law. You should be getting the subsidy even with a $100K income. Obviously you have no employer plan, which would be cheaper. Have you spoken to an insurance agent where you live? Have you looked at getting a bronze instead of a gold plan?

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Ricki 6 months ago

< Also, is there an option to pay a minimal amount out there with an income over 100k (i.e., not Obamacare)? >
No, you are required to have insurance that meets the requirements of the ACA. You might be able to find a plan that covers what you want at the price you want and it could be cheaper even with the penalty than what you are paying. You aren't the only one that feels they are paying an outrageous amount of health care that they dont' seem to get anything for. Now, you don't expect to "make" money each year on your car or home insurance but then, you don't pay close to each month for that "insurance" compared to what you are paying for health care.

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StephenWeinstein 6 months ago

If you are really paying only $1600 a month for a family of four, then you have already found a very inexpensive provider. You're paying only $400 a person. Before Obamacare, some Americans had to pay over $2000 a month, for just one person (not a family).
Your income isn't enough to safely opt out altogether -- hospital visits and some types of surgery can cost over a few million dollars without insurance, and you can't afford that.
And there is an "option to pay a minimal amount" -- that's what you're doing right now. Because $1600 a month for a family of four is "a minimal amount". It's less for all four of you than you might have needed to pay for just one person before Obamacare.
It's also less than 20% of your income.

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