XPost: rec.boats, sci.electronics.design, sci.electronics.basic   
   XPost: sci.electronics.repair, alt.hvac   
   From: nojunk@knology.net   
      
   On 12/12/2013 4:40 PM, amdx wrote:   
   > On 12/12/2013 8:59 AM, amdx wrote:   
   >> On 12/12/2013 6:57 AM, William Sommerwerck wrote:   
   >>> "amdx"  wrote in message news:l8ahhp$eis$1@dont-email.me...   
   >>>   
   >>>> I don't want a Florida Health Exchange.   
   >>>> How come you don't understand, I like what I have.   
   >>>> I don't want to pay an additional $5,004 for something   
   >>>> not as good as I have.   
   >>>   
   >>> I don't understand how a plan with an annual deductible of $10K is a   
   >>> "good" plan, regardless of who offers it.   
   >>   
   >> Easy answer, because the premium is so much less.   
   >> But you need to be adult enough to bank the money saved on the premium.   
   >>   
   >> Let's say I average $3,000 per year in medical expenses, In 3 years,   
   >> I spent $9,000 from my HSA. The HSA is tax deductible, so I saved $1,800   
   >> on my tax bill (just for that $9,000). This makes my real cost of   
   >> medical expenses $7,200 for those three years. With this new* policy I   
   >> saved $4,300 per year, that's $12,900. So in three years I save $12,900   
   >> - $7,200 =   
   >> $5,700. I saved $5,700 for those three years, plus I have about $9,750   
   >> left in the HSA growing tax free. The $9,750 is my money not money held   
   >> in the insurance companies pocket.   
   >>   
   >>    This only works for adults that have learned not to live paycheck to   
   >> paycheck.   
   >>   
   >>   
   >> * new policy, I changed from a $2,500 deductible to a $10,000 deductible   
   >> and saved $4,300 per year. That was in 4/09. I max out my HSA this year,   
   >> I put in $7,450, in January I'll put in another $7,450, I don't think   
   >> they raised the cap for 2014, Darn.   
   >>   I don't know what Obama will do with HSA's in the future, hope he   
   >> doesn't decide to tax them.   
   >>   
   >>                           To each their own, Mikek   
   >   
   >   
   > Hey, I realized I shorted myself on the savings, my new premium was   
   > $4,300  I saved $5,600 on my new 10k deductible premium. I had my cost   
   > and my savings backwards.   
   > (Old policy premium $9,900--New policy premium $4,300)   
   >   So, for that three year scenario my savings were $9,600 not $5,700.   
   >   
   >                                           Mikek   
      
      To add to my pleasure, the insurance company also plays interference   
   for me. The bills, Dr., lab tests, etc, are sent to the insurance   
   company, the insurance company says what the allow for the procedure,   
   and that's what I pay. Once had a $110 blood work done and only had to   
   pay $10.80. I don't see how the lab puts up with that.   
                           Mikek   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)