Quote:
Originally Posted by Aquila
When you negotiate for thousands of employees the group rates are very nice. I have an HSA. I get 100% coverage after my $4000 deductible is met. And by contract the government covers the first $3000 of that.
A lot of folks are paying $700 or more a month. Why? Because they are paying for the uninsured. Either way you go you're paying for the uninsured. The only difference is right now you're not only paying for their health care, you're paying into the industry's profit margins and for all the fees and administrative costs involved.
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My company has over 60,000 employees so I think they have pretty good bargaining power in regards to group rates. Trust me they didn't get forty bucks a month.
The $4,000 deductible explains some of the low premium and the fact that the government pays $3,000 of that deductible. Now..hmmmmm....I wonder where the government is getting that $3,000 - wait let me guess - somebody's tax dollars!
Even with the $4000 deductible I am willing to bet your insurance premium is being subsidized.
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