What if there was a plan that took no more than $100 from you a month for family coverage?

Question

Full PPO Insurance, no one has to decide if you get the operation or procedure but the doctor. Not an HMO. Family coverage is for up to 4 persons in the family, and the plus plan is for families that is higher than 4 and cost not much more.

Would you want your employer or business to be a part of that plan?

Just curious.

It is a real plan, and pays 80% as they all do, with a deductible of $1,500 annually, and, you might have to switch where you bank. Fact.

Its coming!

Answer 1

"Coverage" can mean a LOT of things.

Answer 2

I used to have a job where full family coverage was $75 a month, with the employer paying another $75. It seems to work OK, but I never needed it. But that was in Nebraska, where the cost of living is a lot lower than in other states.

Answer 3

It would have to take money from your taxes, too - hidden cost - because nothing is free.

Unless the company is paying the rest - in which case, sure, who wouldn't, except someone who's company pays for 100% in this situation?

So, assuming you actually mean a govt mandated program, no, I'd rather be able to choose my own plan instead of a one size fits all being forced down my and my company's throat(s).

Answer 4

I can't imagine anyone who would resist such an ideal plan.
(There is probably SOMEONE who would, but that is another issue.)
Truth be told, the plan would be IMMEDIATELY bankrupt.
If the plan covered ONLY surgeries and nothing exotic or experimental and did NOT cover any medications or doctor's office calls, and EVERYONE joined, even the very young paid into the plan, then MAYBE it would have a chance, but that is not what you are asking for.
It isn't economically feasible.

Answer 5

Not sure I'd trust it. What kind of medical care would be afforded by such a plan?

You get what you pay for.

Answer 6

The problem isn't how much insurance costs, it's what you get for the money---which is a nightmare.