My wife and I are uninsured and looked into the program and found a solution that, ironically, made us sick. These policies range in price up to $500 a month, depending on your deductible. Ours would have been $125 a month with a $12,000 deductible. This means we would pay $1,500 a year and have to spend $12,000 out of pocket before the insurance would offer any assistance.
We could get a lower deductible by paying $400-plus a month for a plan, which has a deductible of $4,000 a year. Doing the math, I would still pay almost $5,000 in premiums and have to spend $4,000 for the policy to help out. Either way, we have to come up with $9,000-$13,500 a year, which is part of the reason why we don’t have insurance now.
I realize depending on the government for help is no different than asking a dingo to protect your baby, but spare me the celebration in Washington over solving another crisis.
The health care system is sick, but in this case, the cure is worse than the disease.
Thomas J. Ackmann