Making Sense of The Healthcare Bill + A Surpising Solution My Family Chose
Let's make sense of the healthcare madness, explain the two schools
of thought and then share what I found as a surprising solution one
year ago that works for my family.
19 Minuten
Podcast
Podcaster
Beschreibung
vor 8 Jahren
This healthcare bill is facing a massive battle. At the core of
the fight is simply this: Are we the kind of society that is okay
letting people fail?
Let's make the healthcare bill simple, explain the two schools
of thought and then share what I found as a surprising solution one
year ago that works for my family.
_Listen along to the whole show or read a brief overview
below! _
Let's Make This Healthcare Bill Simple. Ready?
Are we the kind of society that is okay with letting people fail?
That's ultimately the question we are answering. And
t** here are two ways to answer:**
1. Yes - And If we can accept that reality as a society,
we will give people the choice to accept healthcare. 2. no - then,
we need to find the balance of giving coverage if you are sick, but
not forcing everyone to pay into it.
Republican leadership is trying to make everyone happy and that
will not work. You can't have both young people opting out
and then offer reasonably rpcied premiums to the sick.
"You can't have young people opt out and offer reasonable
premiums to the sick."
Of course, if we offer cheaper plans super healthy people will
buy them. And no fund will be able to offset that.
This will be fascinating to watch what comes from
this.
Next week is the vote on the healthcare bill... so we will have
a lot to talk about soon.
Here's Some Practical Feedback for You And Your Family's
Finances
Let me share my healthcare experience.
We were paying $1,100 per month with a $7,000 premium. This was
completely unsustainable for our family, understanding we would
be out of pocket $19,000.
We investigated Medi-Share.
Medi-Share has been in business for more than 20 years now and
claims to never miss a claim.
We now pay about $350 per month with a $10,000 deductible. And
now, there is 100% coverage. It seemed like the right move
for our family.
Medi-share isn't right for everyone, but it helped us.
The most important questions you have to answer when shopping for
Medi-Share or similar coverage are:
Am I going to be charged a penalty for not having healthcare?
(Some co-op's are not considered health care and you will have to
pay a large fine on your taxes. Medishare and many others do
qualify - be sure you check.)
Will it work? And what's the catch?
(Historically they are proven to work. It does ask you to take on
a little more work when you have a doctors appointment, but it
may make sense for the savings it could bring.)
Consider Health Savings Accounts!
Health Savings Accounts (HSA) are different than an FSA and a
flex-spending account.
If you put money into an HSA it is a deduction that year, and
it's a tax-free use of the money long term, AND it does not expire
at the end of the year like an FSA.
It will sit and grow year over year forever.
The only way you are offered that is if you have a high
deductible health plan.
This not only helps with your taxes but also it grows tax-free
money for medical use while growing year over year. This gives
you incredible flexibility.We not know what is going to happen
with the healthcare bill.
Ask A Question About Your SituationContact Chris + Learn More
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