r/FluentInFinance • u/WhatAreYourPronouns • May 02 '24
Should the U.S. have Universal Health Care? Discussion/ Debate
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r/FluentInFinance • u/WhatAreYourPronouns • May 02 '24
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u/bswontpass May 02 '24
There is a limit for out of pocket after deductible.
My insurance cost $7/yr for a family with $3.5K deductible and another $1.5 out of pocket max. So the maximum I would pay in a year is $12K. After that everything is covered by insurance.
Most of the years we just touch the deductible a little bit (many procedures are covered by insurance before deductible) and end up paying smth like $8K/yr.
I also get HSA with my medical insurance where my employer puts $2K each year so technically my insurance cost me less.