Well that extra $400 is one less junker I get to haul home. Sent from my iPhone
> On Aug 28, 2019, at 3:13 PM, Karl Wittnebel via Mercedes > <mercedes@okiebenz.com> wrote: > > Just about anyone should be able to negotiate a 75% cash discount on a > hospital bill. Big insurers typically receive over 80% off. Many > people/individuals simply fail to negotiate. Hospitals keep the posted > rates high because some (few) insurers actually pay the full rate. > Hospitals will happily take 25% over nothing. But even 25% can be a lot of > money for many people to pay. > > One thing no one mentions here is being able to choose who you see when you > get sick. Cheaper plans tend to be more restrictive. You may not want the > team or the facility they give you. It is almost impossible to be an > educated consumer in the health insurance business because you dont know > what dread disease you are going to get, and the coverage provisions are > almost impossibly arcane and disease-specific typically. > > Like Dan and others said, the answer all depends on how sick you plan to > get. My counsel for any middle aged person would be to go for the PPO and > sleep well at night. It does depend a (tiny) bit on how big a bite that > extra 400 takes out of your monthly budget, but penny wise, pound foolish > as they say. Your employer is paying more than you are typically, if it is > any consolation. > > On Tue, Aug 27, 2019, 2:39 PM Dan Penoff via Mercedes <mercedes@okiebenz.com> > wrote: > >> DING!! DING!! DING!! >> >> We have a winner, folks! >> >> That’s pretty much it, Kaleb. They’re doing nothing more than transferring >> the risk (cost) to you. If they’re going to take on more risk (PPO) they >> are going to charge more. If they take on less risk by shifting it to you >> (HDHP) they charge less. >> >> -D >> >> >>> On Aug 27, 2019, at 5:34 PM, Kaleb Striplin via Mercedes < >> mercedes@okiebenz.com> wrote: >>> >>> I really wish they offered 2 tiers of PPO that includes a mid range >> option. I may take a look at the more expensive hdhp which it’s deductible >> is not that much higher than my current ppo. It also has the same 20% >> coinsurance my current plan has. Premium is very close to the same >> also. So if I did that one it would come out to 420 per month. If I put the >> max into the hsa it would be more per month before taking into account >> coinsurance. I guess I would not have to max it out on that one because the >> plan would kick in sooner. I guess it really all comes done to betting you >> won’t have to use it and the money stays in the hsa. If you do have to use >> it the money goes away pretty quick I would guess. >>> >>> Sent from my iPhone >>> >>>> On Aug 27, 2019, at 4:09 PM, Dan Penoff via Mercedes < >> mercedes@okiebenz.com> wrote: >>>> >>>> And that’s the point my HR benefits buddy was saying - the costs are >> much the same, it’s just a matter of whether or not you want to pay up >> front (PPO) or pay as you go (HDHP). >>>> >>>> If you pay up front and don’t use the plan, you lose. If you pay as you >> go, you bear more of the risk if you do need it, and if you don’t, you come >> out ahead. However, next year you might not come out ahead, so it’s really >> a roll of the dice. >>>> >>>> -D >>>> >>>>> On Aug 27, 2019, at 5:03 PM, Kaleb Striplin via Mercedes < >> mercedes@okiebenz.com> wrote: >>>>> >>>>> If I do it I would just about half to max out the hsa. I really need >> to do some more math and figure out how much the out of pocket would be if >> the plan was used. I’m starting to think it maybe end up being a wash if >> you actually have to use it before the plan kicks in. >>>>> >>>>> If I’m reading it correctly with it being an unembedded deductible >> which is $6000 family on the cheapest plan. With company contribution that >> comes to $7k a year so that would leave $1k left for the coinsurance. >>>>> >>>>> Sent from my iPhone >>>>> >>>>>> On Aug 27, 2019, at 3:30 PM, Mitch Haley via Mercedes < >> mercedes@okiebenz.com> wrote: >>>>>> >>>>>> Kaleb intends to max out his HSA limit, which will eventually cover >> the deductibles, but not if a big payout happens in the first month. >>>>>> >>>>>> I wonder if "50% off" is more or less than the insurance negotiated >> rates? >>>>>> >>>>>> Mitch. >>>>>> >>>>>>> On August 27, 2019 at 9:12 AM Dan Penoff via Mercedes < >> mercedes@okiebenz.com> wrote: >>>>>>> >>>>>>> >>>>>>> I’ve mentioned this before, but I’ll say it again: >>>>>>> >>>>>>> When the wife was going in for one of her cancer surgeries, I was >> sitting at the desk in admitting and saw a sign on the desk. It said if you >> didn’t have insurance they would discount the bill 40% if you paid it >> within 30 days. If you paid it in 15 days or less, they would give you a >> 50% discount. >>>>>> >>>>>> _______________________________________ >>>>>> http://www.okiebenz.com >>>>>> >>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>> >>>>>> To Unsubscribe or change delivery options go to: >>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>> >>>>> >>>>> >>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>> >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>> >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
