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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (29961)	11/3/2018 8:06:43 PM
From: John Koligman	Read Replies (1) \| Respond to of 34328

I remember you asking the same question a couple of years ago. If you want a comprehensive answer logon to healthcare.gov, plug in your demographic and income data, and the software will spit out an answer for you. As a 'ballpark' number, here is a plan for two parents in their 40's with 3 kids in the Chicago suburbs. Will run you around 25k per year. As I mentioned to you the last time we talked, in the US without insurance and with assets you are literally playing with fire if anything serious happens. The healthcare industry will go after you with their 'chargemaster' with a vengeance. Blue Cross And Blue Shield Of Illinois · Blue Choice Preferred Silver PPO? 203Metal Level: SilverSilverPlan Type: PPOPPOPlan ID: 36096IL0990141 Estimated monthly premium $2,077.78 Deductible $6,600Family Total Out-of-pocket maximum $15,800Family Total Copayments / CoinsuranceEmergency room care: $1000 Copay with deductible/50% Coinsurance after deductibleGeneric drugs: $5Primary doctor: $10Specialist doctor: 50% Coinsurance after deductible Estimated total yearly costs ESTIMATE TOTAL YEARLY COSTS Medical providers & prescription drugs covered SEE IF PROVIDERS & DRUGS ARE COVERED QUICK VIEW DETAILS COMPARE LIKE THIS PLAN

To: Elroy who wrote (29961)	11/3/2018 8:19:53 PM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

OT - Healthcare - Have a drink Elroy. lol! John is right, and you can look around Healthcare.gov all you want. The good news for you is that the individual mandate was repealed, so no penalty for self insuring. Since we can hold income down and get subsidies, I have no reason to look at other insurance, so only know what Healthcare.gov spits out. Much depends on what state you live in. If you know where that will be, you can go to Healthcare.gov ( no need to log in ) and it will redirect you to that particular states exchange if needed. You would not get a subsidy at $120,000 and three kids. I used my state of Pa., input 40 yr. old male, 35 year old female, two boys, 8 and 10, and a 6 year old girl. Cheapest bronze plan - Plan covers 60% of total average cost of care. Total premiums for the year $20,087. Deductible $7,350 per individual, $14,700 per family. Max out of pocket also $7,350 per individual, $14,700 per family. Cheapest silver plan - Plan covers 70% of total average cost of care. Total premiums for the year $26,917. Deductible $3,500 per individual, $7,000 per family. Max out of pocket $7,900 per individual, $15,800 per family. Cheapest gold plan - Plan covers 80% of total average cost of care Total premiums for the year $26,902. Deductible $2,000 per individual, $4,000 per family. Max out of pocket $7,350 per individual, $14,700 per family.

To: Elroy who wrote (29961)	11/4/2018 10:15:07 AM
From: sm1th	Read Replies (1) \| Respond to of 34328

Assuming you are buying in the private market, not Obamcare, it is easy to get quotes on-line. All insurance companies have on-line shopping tools. You will probably need to make up an address, or at least pick a town to get a quote.

To: Elroy who wrote (29961)	11/4/2018 11:19:27 AM
From: Rarebird	Respond to of 34328

My wife was sick and spent her last 4 days in the hospital in 2010 and the cost was 50k. Her company paid. I did have a few doctors call me up to complain and tell me how much they were owed. I told them in a very soft, calm voice that I was not legally responsible for her medical bills and that they could go F themselves. They never called back again. As for myself, I am on Medicare and Cigna Supplemental Plan G. And it has come in very handy as I had some neck issues. Prior to being on Medicare, I had private insurance that cost me $435 a year ( you are hearing this correctly), for 250K of insurance per diagnosis. There was a deductible of 1k. If I spent 1K per illness over a 6 month period per illness, the insurance kicked in and they then paid 80% of all ensuing hospital and doctor visits ( no drugs). I have had this plan since 1975. It is an old major medical plan. Problem is that 80% of physicians would not take my insurance. Why? Legally speaking, physicians can reject any insurance they feel like. The physician attitude is they want to get paid with no risk. When I needed retina surgery quickly or I would go blind, I had retina surgeons tell me sorry I don't take that insurance. Go blind. Do you call that healthcare? I call it assault. Fortunately, the hospitals and 20% of doctors took my insurance. The ones who didn't take my insurance, I had to pay upfront and they then filled out the insurance form and quadrupled or quintupled billed my insurance company and I received the check from my insurance company. Funny that I profited from going to many doctors. But that was not my intention and I had no idea of the billing involved. The physicians could have made the profit, but they were too dickish to take my insurance. It is one big farce . I still have my private insurance in case Medicare and Cigna don't pay for some procedure or Medicare goes caput.

To: Elroy who wrote (29961)	11/4/2018 12:34:47 PM
From: maverick61	Respond to of 34328

Does the ACA still have the 2% of income penalty if you don't get insurance coverage? We might even prefer to pay that penalty than to pay $15,000 for annual coverage with a $5,000 deductible.If family income is above $120,000 per year, what should we expect to play for a basic insurance policy for 2 adults and 3 kids ages 6-10. Everyone is basically healthy with no pre-existing conditions. Thankfully for you the Tax penalty was repealed in the tax reform package. So no need to buy insurance. You won't qualify for a subsidy with that level of income - and the ACA has destroyed much of the rest of the non-employer insurance market because of the requirements for numerous items to be covered I would personally not go without insurance but in your situation, there may be some good news in that the Trump administration is trying to allow more skinny plans to be available - so that you can buy catastrophic type coverage in case anything major goes wrong but you pay out of pocket for routine care. Another option you could look into that I have read about is various religious ministries health share plans. Basically an insurance alternative. I have not studied them but they are out there