• How can a $550/month health insurance cover nothing? What's the point of insurance?

    Trying to file on healthcare.gov, the insurance doesn't cover any medication, any doctors visit, any specialist, or any visit to the ER unless I rack up over $6,000 in bills during that time so I'm literally forced to give a large amount of money each month just so I can say my name is in there system?... show more
    Trying to file on healthcare.gov, the insurance doesn't cover any medication, any doctors visit, any specialist, or any visit to the ER unless I rack up over $6,000 in bills during that time so I'm literally forced to give a large amount of money each month just so I can say my name is in there system? Can someone please explain this to me? I thought the point of health insurance was to help the individual? There has to be something I'm just not seeing
    11 answers · 12 hours ago
  • When a friend of mine was driving a forklift at a construction site in Connecticut, he lost control of the vehicle and fell down?

    When a friend of mine was driving a forklift at a construction site in Connecticut, he lost control of the vehicle and fell down from the forklift. He received severe injuries on his back and head and needed surgery. Can someone suggest a lawyer who can help him get compensation?
    When a friend of mine was driving a forklift at a construction site in Connecticut, he lost control of the vehicle and fell down from the forklift. He received severe injuries on his back and head and needed surgery. Can someone suggest a lawyer who can help him get compensation?
    10 answers · 2 days ago
  • Choosing to have no health insurance..?

    Me and my husband are considering dropping insurance next year cause simply, neither of us can afford it...and what we can barely afford is pointless unless we are in a grave situation. If we go to the doctor, or chiro, anything....our insurance covers barely any. What we can afford, is the estimated monthly... show more
    Me and my husband are considering dropping insurance next year cause simply, neither of us can afford it...and what we can barely afford is pointless unless we are in a grave situation. If we go to the doctor, or chiro, anything....our insurance covers barely any. What we can afford, is the estimated monthly penalty based on our gross for not having insurance. I understand that being uninsured is a risk if something major were to happen, however we are young (29) and neither of us have any medical problems...and this no insurance plan is only temporarily till in a better situation. Does anyone think this idea is sound? Can anyone relate?
    15 answers · 2 days ago
  • Does life insurance need to be used to pay off debts before going to the beneficiary?

    For example, a childless man names his brother as beneficiary of his life insurance, he has no other assets. Man leaves $25,000 credit card debt plus final medical bills. Does the life insurance need to pay the debt? Also, what if he did have assets such as a house, but wills that to his brother. Would the life... show more
    For example, a childless man names his brother as beneficiary of his life insurance, he has no other assets. Man leaves $25,000 credit card debt plus final medical bills. Does the life insurance need to pay the debt? Also, what if he did have assets such as a house, but wills that to his brother. Would the life insurance go to the sister in full, and brother required to sell the house/use it to pay off the debt by getting his own loan using the house?
    7 answers · 3 hours ago
  • How does social security and medicare work ?

    I worked from 14 thru about 24. Then I became self employed and never contributed anything extra other than my regular IRA for about 10-11 years. ($2000 a year) I never earned much at all. Maybe $22,000 from a regular job for 2 years. the rest, far, far less. I never expected or planned for a dime but now that... show more
    I worked from 14 thru about 24. Then I became self employed and never contributed anything extra other than my regular IRA for about 10-11 years. ($2000 a year) I never earned much at all. Maybe $22,000 from a regular job for 2 years. the rest, far, far less. I never expected or planned for a dime but now that I'm 55 and played with a life expectancy calculator, I realize I may live a helluva lot longer than I thought. And I'm drinking a beer to help. (Drinking 2-7 beers per week extends my life 6 months versus 0-2) Insurance is another question. The ACA has been good to me because I'm healthy and I have low income. So the high deductible policies aren't an issue. And the subsides pay a ton of it. But I'm sure that wont continue. Am I inline for any kind of SS when I get older ? What about Medicare ? Does having assets kill it ? I don't mean ultra rich but I don't work at 55 and my very modest house & car are paid for.
    19 answers · 5 days ago
  • Can you save money before meeting your health insurance's deductible?

    Best answer: It depends on your area. In most areas there are plans that have procedures covered by co-pays before having to meet the deductible. Look at the more expensive plans on your list. Even if you get a plan that doesn't "cover anything" until the deductible you still get the benefit of the policy. When... show more
    Best answer: It depends on your area. In most areas there are plans that have procedures covered by co-pays before having to meet the deductible. Look at the more expensive plans on your list.

    Even if you get a plan that doesn't "cover anything" until the deductible you still get the benefit of the policy. When you visit providers you'll receive the negotiated amount that the insurance company has with the provider, which could be more than half of what the provider would charge a cash paying patient.

    Also, if your plan is an HSA qualified plan you can open up a Health Savings Account which can lower your income tax payment or increase your tax refund when you file your taxes.
    4 answers · 4 days ago
  • Why does it take so long to sign up for a medigap plan for medicare?

    Best answer: You might have been better served if you'd called in September before the agent got swamped with open enrollment clients.

    Premiums can go up at any time, but most will have a 6 or 12 month guarantee, and after that the increase would be once a year on your anniversary date with most.
    Best answer: You might have been better served if you'd called in September before the agent got swamped with open enrollment clients.

    Premiums can go up at any time, but most will have a 6 or 12 month guarantee, and after that the increase would be once a year on your anniversary date with most.
    33 answers · 1 week ago
  • Is it common for employers to not offer Short-Term Disability?

    Best answer: Over the years when I worked in insurance, I usually had great benefits. But, that applied if I worked in a mega insurance company. The last (2) that I worked prior to retiring were small companies and were the only ones that did (not) offer short term disability, only long term disability. I asked HR why and... show more
    Best answer: Over the years when I worked in insurance, I usually had great benefits. But, that applied if I worked in a mega insurance company. The last (2) that I worked prior to retiring were small companies and were the only ones that did (not) offer short term disability, only long term disability. I asked HR why and they stated that with short term, in most cases (only) females wanted since most young females get pregnant, thus would be the most common ones to use. Or, could have surgery and be out of work for a week or 2 to recuperate.

    As a general rule in (most) companies, short term starts (after) a week and lasts up to 24 or 26 weeks and paid 60% of your wages, then long term picks up after 24/26 weeks to a full year for 50%. (not sure since I never used either in my lifetime).

    Now some companies in lieu of ST disability, may give you additional PTO, or vacation time, that you “might” want to save “just in case” you get sick and get paid. But, if you don’t have enough time saved up, or enough in your savings to cover your bills, then you might want to consider Colonial Life that your employer has suggested. As the other agents have said there (maybe) a “specific” enrollment period that you can sign up. You should contact HR and clarify.
    24 answers · 6 days ago
  • Why is insurance company asking for my settlement?

    In January I had a slip and fall. I contacted Blue Cross and Blue Shield's subrogation department, but never heard back. I settled with the owners of the property for $200, which covered my co pays, and didn't think anything else about it. Today I received a notice from BCBS that they want my $200... show more
    In January I had a slip and fall. I contacted Blue Cross and Blue Shield's subrogation department, but never heard back. I settled with the owners of the property for $200, which covered my co pays, and didn't think anything else about it. Today I received a notice from BCBS that they want my $200 settlement. Why in the world would I pay my insurance company this money after already paying the copays?
    7 answers · 5 days ago
  • Does a receptionist at a Drs. office find out what my co pay is?

    After I pay the co pay will I also receive another bill from the insurance company? Is it better to just pay cash? I think my co pay will be $90.00 to see a specialist, not sure what it will be, and then I fear I'll receive another bill too. How does this work? I really like to know what I have to pay, so I... show more
    After I pay the co pay will I also receive another bill from the insurance company? Is it better to just pay cash? I think my co pay will be $90.00 to see a specialist, not sure what it will be, and then I fear I'll receive another bill too. How does this work? I really like to know what I have to pay, so I don't receive any surprise bills I can't pay. I hope a receptionist will tell me cash price & what it would be with my insurance. I can't get any answers from my insurance company when I call them. They don't seem to know or what to tell me. Plus long waits on the phone, and many transfers to different departments. Too stressful for me.
    15 answers · 6 days ago
  • What is the fine for having no health insurance for the year?

    Best answer: You should buy a very high deductible policy for you because you are gambling with your life.
    Best answer: You should buy a very high deductible policy for you because you are gambling with your life.
    6 answers · 2 days ago
  • What should I do with my girlfriend? Is this the best idea?

    We are in a long distance relationship. She never calls me. She only textes me and I told her how I feel about this situation. Her Father just passed away and she knows I plan on seeing her by making a trip to Alaska. I am investing a lot to see her and she cannot even put in the time to call me or video chat with... show more
    We are in a long distance relationship. She never calls me. She only textes me and I told her how I feel about this situation. Her Father just passed away and she knows I plan on seeing her by making a trip to Alaska. I am investing a lot to see her and she cannot even put in the time to call me or video chat with me. So, I decided to ignore her text messages and wait for her to call me to see if the love is real. Is this the best idea?
    6 answers · 3 days ago
  • Is obama care un-american?

    I'm forced to pay about $12000 per year for health coverage that has a $2500 deductible. If I don't I have to pay a large fine. I have never in my life spent more than 6k in a year on health care and that year my insurance had a $6000 deductible. So, of coarse it didn't pay a penny. Due to my income I... show more
    I'm forced to pay about $12000 per year for health coverage that has a $2500 deductible. If I don't I have to pay a large fine. I have never in my life spent more than 6k in a year on health care and that year my insurance had a $6000 deductible. So, of coarse it didn't pay a penny. Due to my income I don't get any assistance with paying the 12k (because that assistance is all give to the people who arent earning it). Plus now that heath insurance is mandatory they can just charge whatever they want and I have to pay (No mater how much they're screwing me). They are taking more money from me than those welfare rats are making a year, and they get better coverage. This is taking away my right to choose. I can choose to smoke...or shoot myself in the face, but I can't choose to pay for my health care bills out of pocket. Which by the way I already am because I never exceed my deductible. I hope Trump proves to be smarter than I think
    21 answers · 1 week ago
  • Can I use friends medical insurance to go to the doctor?

    I think I have an infection in my toe and it needs to be looked at. Can I go in with my friend and get an appointment under His insurance card? I'm 19, two hours away from home and I and don't have my medical card with me...what should I do?
    I think I have an infection in my toe and it needs to be looked at. Can I go in with my friend and get an appointment under His insurance card? I'm 19, two hours away from home and I and don't have my medical card with me...what should I do?
    23 answers · 1 week ago
  • Is it possible to get disability income for anxiety?

    Best answer: If in the US, only if you are incapable of working and earning $1170 a month and will be unable to do so for at least 12 months in spite of treatment. If under age 55 you must be unable to do any type of work - not just work you've already done. If age 55 or older a person must be incapable of doing the same... show more
    Best answer: If in the US, only if you are incapable of working and earning $1170 a month and will be unable to do so for at least 12 months in spite of treatment. If under age 55 you must be unable to do any type of work - not just work you've already done. If age 55 or older a person must be incapable of doing the same type of work they've done in the 15 years before becoming disabled. Date of disability can be no earlier than the date you last worked and earned $1170 a month.

    Social Security obtains your medical records, evaluates them and makes the determination. The decision is not made by your doctor and your doctor won't be asked if they think you are disabled since they do not know social security's criteria for disability.

    If you think you meet the criteria, or that you will, you can see if you can file online at ssa.gov or you can call 1-800-772-1213 and make an appointment to file for benefits either over the phone or in the office. You will need a list of all doctors/hospitals/clinics with their addresses/phone #s who have treated you for your disabling condition in the past 12 months. You will need a list of medications and their dosages and who prescribed them.
    7 answers · 7 days ago
  • Wife loosing blood, front and back, very anemic, no insurance, what should we do to avoid being financially screwed if we go to EMERGENCY?

    We just got a quote from insurance but its not going into effect until one month later but we can't wait so what should we do, she is very anemic at the point of super weakness, not herself poor thing :-( Is it going to cost us a fortune? We are in SF Bay Are near San Jose, California. Its not like we... show more
    We just got a quote from insurance but its not going into effect until one month later but we can't wait so what should we do, she is very anemic at the point of super weakness, not herself poor thing :-( Is it going to cost us a fortune? We are in SF Bay Are near San Jose, California. Its not like we can't afford it but its very expensive in BAY AREA and we just don't know what the best place to go is. Her two jobs are contract consulting and thither one offer medical insurance and if we bought ourselves it costs a lot and I'm not sure how they are allowed to hire people without giving them medical insurance. WHAT A LOOP HOLE. They want us to buy insurance but in that case we basically give them our entire paycheck and thats it.
    6 answers · 4 days ago
  • I'm 36, living at home with my parents while I attend college. Would I qualify for Medicaid?

    Best answer: PA has expanded Medicaid (welfare) to anybody making less than 138% of the Federal Poverty Level for their household size. All income in the household counts, so if your household is 3 people (you and your parents) the total income of your household must be under $28,180. If there are more than 3 the household... show more
    Best answer: PA has expanded Medicaid (welfare) to anybody making less than 138% of the Federal Poverty Level for their household size.

    All income in the household counts, so if your household is 3 people (you and your parents) the total income of your household must be under $28,180. If there are more than 3 the household amount will increase.

    Household size and income also count with subsidies, so if you have 3 people you might qualify based on household income between $28,181 and $81,680.
    4 answers · 2 days ago
  • What does it mean on my insurance when it says I paid $500 and $750 was applied to my deductible?

    Best answer: No. It is not money for you. Do you have a deductible on your auto policy? If you are in an accident, is there amount that you will have to pay for the repairs and then the insurance pays the rest? It is basically the same for medical deductibles. It is the amount you will pay before insurance... show more
    Best answer: No. It is not money for you.

    Do you have a deductible on your auto policy? If you are in an accident, is there amount that you will have to pay for the repairs and then the insurance pays the rest? It is basically the same for medical deductibles. It is the amount you will pay before insurance helps.

    Basically, if you go to the doctor and the doctor bills you for $100, then you pay that $100 to the doctor and the insurance company reduces your deductible by $100. In this example, the insurance didn't help pay the doctor bill.

    When you spend enough on doctor bills for the year to reach the deductible amount set up on your insurance plan, then the insurance will start paying a percentage of the bill. The most common percent is 80% which still leaves you owing another 20% of whatever the bill was.

    The only part I am not sure about is why they are applying $750 to your deductible for a $500 medical expense. They must have some kind of rewards program that increases the amount spent to help reduce the deductible quicker.

    The best way to get answers to this question is to call your insurance company.
    6 answers · 4 days ago