medicine costs -still getting shocked
Jul 17th 2017, 4:56 am
#16
Lost in BE Cyberspace
Joined: Jan 2006
Location: San Francisco
Posts: 12,877
Re: medicine costs -still getting shocked
Medicare. And, again, why should the taxpayer pick up the cost of healthcare for teachers who retire prior to the Medicare eligibility age?
Jul 17th 2017, 4:58 am
#17
Lost in BE Cyberspace
Joined: Jan 2006
Location: San Francisco
Posts: 12,877
Re: medicine costs -still getting shocked
Isn't that because Medicare pays 80%? Retiree medical plans are secondary to Medicare, so I'm not sure how much they actually cost to run. In the case you describe, Austin teachers, it can't cost much to run since it is secondary to Medicare and has a high deductible ....
Last edited by Giantaxe; Jul 17th 2017 at 5:29 am.
Jul 17th 2017, 5:38 am
#18
Heading for Poppyland
Joined: Jul 2007
Location: North Norfolk and northern New York State
Posts: 14,686
Re: medicine costs -still getting shocked
That's not really relevant to the point that Boiler was making, namely why should the taxpayer pick up retirement healthcare costs of teachers?
Medicare. And, again, why should the taxpayer pick up the cost of healthcare for teachers who retire prior to the Medicare eligibility age?
Medicare. And, again, why should the taxpayer pick up the cost of healthcare for teachers who retire prior to the Medicare eligibility age?
Jul 21st 2017, 5:36 am
#19
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,174
Re: medicine costs -still getting shocked
The missus, when she spent a few hours in the ER recently, that was almost $15K and we had to pay about $300 after getting a discount and after the insurance paid.
Follow up, day surgery was $25K for about 10 hours in the hospital. We're on the hook for around $1.5K after the insurance paid their discounted rate.
Fun times.
Follow up, day surgery was $25K for about 10 hours in the hospital. We're on the hook for around $1.5K after the insurance paid their discounted rate.
Fun times.
Jul 21st 2017, 6:30 am
#20
Forum Regular
Joined: Mar 2014
Location: Hershey, PA
Posts: 100
Re: medicine costs -still getting shocked
The missus, when she spent a few hours in the ER recently, that was almost $15K and we had to pay about $300 after getting a discount and after the insurance paid.
Follow up, day surgery was $25K for about 10 hours in the hospital. We're on the hook for around $1.5K after the insurance paid their discounted rate.
Fun times.
Follow up, day surgery was $25K for about 10 hours in the hospital. We're on the hook for around $1.5K after the insurance paid their discounted rate.
Fun times.
Probably scarier to me was looking at the full rate compared to the insurance discounted rate. In general it was getting close to 4 times the billed amount.
Jul 21st 2017, 7:22 am
#21
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,174
Re: medicine costs -still getting shocked
My son had a tibial avulsion fracture, with ambulance, surgery and recovery room the all-in total billed to the insurance company was well over $45k. I was on the hook for around $3k before I hit my max OOP.
Probably scarier to me was looking at the full rate compared to the insurance discounted rate. In general it was getting close to 4 times the billed amount.
Probably scarier to me was looking at the full rate compared to the insurance discounted rate. In general it was getting close to 4 times the billed amount.
