Do any of this sound like an affordable health insurance plan?
$160 per month premium
$3,000 out-of-pocket maximum
$200 per month premium
$2,000 out-of-pocket maximum
- AmyLv 71 month agoFavourite answer
Let's assume you're not getting any Obamacare subsidy. Then you earn more than $4000 per month. Paying $160 for insurance is easy, and if you get seriously sick you'll spend about one month's take-home pay.
If these are the costs AFTER your subsidy, then your income could be a bit lower. Minimum wage in poor states is about $1000 per month for full time work, but cost of living is lower there, so you're probably paying some $400 for rent and using food stamps for most of your groceries. Then $160/month is money you'd prefer to save for later, but it's within your means. If you do get sick you'll be $3000 in debt, but that's better than paying the full cost of your care.
- A HunchLv 71 month ago
They both are affordable to me.... Option B would cut my cost, deductible, and out of pocket max by about 75%.
Are they PPO plans? Where do I sign up?
- Anonymous1 month ago
STOP. Just stop. reported.