On Sat, 24 Oct 2009 22:18:27 -0500, Vic Smith
wrote:

On Sat, 24 Oct 2009 22:36:57 -0400, wrote:



From what I have seen over the years a high deductible policy is not
really that expensive but that means you actually have to spend some
of your own money for your day to day "maintenance" and you are really
only covered for that catastrophic ailment boogie man everyone talks
about.
My IBM policy is $3000 deductible.

Mine is $500 and then I still pay 20%.
Since we're paying $5k in premium $3k is a drop in the bucket.
We only do annual exams, and this year I had a colonoscopy.
When I get the bill I might find I would have saved having no
insurance at all.
I don't mind a high deductible, and look at insurance as catastrophe
prevention.
Bottom line is I don't want to lose my house or go bankrupt.
That 20% could break me in a catastrophe.
I'm looking at plans now, and I keep seeing this line that says
"Pre-existing conditions are excluded from coverage."
Sweet deal.

--Vic

Isn't there a gross cap on expenditures that you have to contribute
20%?

I seem to remember our policies having a cap, like 10K...

Have to look.