I have job based coverage. My workplace offered three plans bronze silver and gold.
I am getting coverage for me and my family (I have a 4 year old son my wife works part time). The premium is similar to what I paid in the past (a little higher but not by much). but the deductibles make all the plans just unaffordable. Not with taking into account dental expenses and medical expenses.
I cant afford my health plan because of the deductible. I already gave up on looking for a doctor or treatment for my chronic conditions. trying to save money for when my son is sick. I did not take my son to his doctor for regular check ups. I know that I cant afford thees deductibles. I am afraid of what will happen to my health since I am not going to the doctor and what will happen to my sons health.
I tried going to the market place but I was told that since I work I will not get any help from the market place and it will probably end up costing more. I don’t know what to do I am worried and feeling my health deteriorating.
I am not a political person and I voted democratic and I am for the health plan changes. But I cant afford anything anymore. the next time I see a doctor will probably be in the emergency room. Who can I turn too?
Under the ACA cheaper plans typically have high deductibles, the ACA limits what these can be, but it can still be costly. Here are some tips and tricks.
- Get an medical savings account. A health savings account (HSA) for individuals, or flexible spending account (FSA) offered by employers, is a tax preferred savings account that allows you to spend tax free dollars on care. You can have both, but can only fund one in a year. If an employer offers an FSA go with that, if they don't go with an HSA. For those who get cost assistance, this can help lower MAGI. For those who don't, it can still help save money on care.
- Remember you get free preventive services and all covered in-network services go toward your cost sharing. Even with a high deductible you'll get some "free" care on your plan. Any care you do pay out-of-pocket goes toward your deductible.
- You'll always have catastrophic coverage. People may put off important health services due to cost, even with health insurance. That being said, when things get really bad your coverage will kick in and you'll never owe more than the maximum. All those in-network services you paid for in-full over the year will still have counted toward your maximum.
There isn't much consolation to give to an employee on a high deductible plan. The truth is those with low-and-middle incomes get a better deal from the Marketplace than they do from employers (in general, this depends upon region and employer contribution). There are ways to make high deductible plans more useful, but even these tend to favor the self-employed and those without access to employee health plans. The best bet would be to looking into medical savings accounts.