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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (241822)	3/22/2010 8:20:11 PM
From: orkrious	Read Replies (1) \| Respond to of 306849

well, I have enough chronic problems that I pay about $5k for a decent group retiree policy through a company that bought out my small business a long time ago. Do I get $5k of benefit out of it? An occasional year, but I use it enough that I figure I'm better off with it than a high-deductible catastrophic policy. I've had three surgeries in the last six years (knee injury, shoulder injury, and cataracts (yeah, statistically I am young to get them), but nothing was critical and I could have arranged coverage before I went in the hospital. I used to ski out west 10-20 days a year but I didn't go the last two years. I was using that example just to illustrate a point. But from what I've read I'm not sure I wouldn't be better off taking my chances under the new system. I can pay out of pocket for most of my issues. Hell, even if I broke my leg on the slopes what would it cost me if I was paying in cash, a few grand unless I needed surgery? The real issue is what happens if something sudden occurs, like a heart attack, a stroke, or some other incident where I need immediate and expensive attention? I'll bet they wouldn't turn me away at the hospital and I could arrange coverage later for chronic care. I suppose I might not be able to see the doctor I wanted. There sure are plenty of unanswered questions. More important, there are going to be a tremendous number of unintended consequences.