What if there was a bank account available, that required you to deposit monthly, what you would have paid an insurance company in premiums, for an ACA silver plan. So for a family of 5 about $2100.
The amount would then be used for Stop Loss Insurance set at $30k dollars. About $300. Another $200 would be used for local Direct Primary Care for your family
The balance would be in YOUR bank account.
Like an HSA, It could only be used for approved medical expenses. If you never have any medical expenses, you will get to keep the money plus checking act level interest, when you turn 65
If you have a medical event that is more than what you have saved, your bank will loan you the money you need to pay for it, up to the $30k stop loss trigger
You would repay that amount using the monthly $1600 net deposit. Once the loan is paid off, the deposits start to accrue to you again.
This is not insurance. It’s a specially designed bank account that gives you control, support, a doctor to work with and catastrophic financial protection.
Lots of work and issues to be addressed. But I was curious what people think
Let me know !
First of all, thanks for all the tweets, texts and calls. There is so much kindness in the world! We are grateful my wife’s breast cancer is treatable, and after several surgeries she is cancer free. We intend to keep it that way!
The reason why I challenged @AnthemBlueCross@AnthemBCBS on this platform is because they are asserting that a lumpectomy only costs $1,000, which is ludicrous anywhere, but especially in LA. We asked them to explain how they arrived at that number and after agreeing to do so, they are now withholding the info because they don’t want to violate the privacy of their providers. Imagine! They randomly pluck a farcical number out of the air to save themselves thousands of dollars in direct violation of their policy, and say they don’t need to explain how or why. We are bracing for another fight regarding her double mastectomy.
We are doing what we can to remedy this, including putting them on blast here. But if you scroll through the replies below, you see that our case is not only not unusual – it is the norm. It’s hard enough to get health insurance in this country. The fact that so many insurance companies deny care over and over again in blatant violation of their policies is mind boggling. It’s good to know we are not alone, but I actually wish we were. It pains me to see that so many of you are enduring through your most painful health experiences while being treated by insurance companies in such an illegal and immoral manner.
Please keep retweeting these messages. There is strength in numbers! Let’s fight them together. And thank you everyone for your kindness. March is coming!
For so long, I’ve wanted Nebraska to play like Utah. The contrast today couldn’t be more evident. Whittingham ran a Grown Man program. Nebraska, on the other hand, is the teenager that can’t shake off the baby fat.