Our COBRA insurance ran out on June 1. On July 2 we got accepted for private health insurance (Anthem in Indiana) for $500 per month with a $11,000 deductable. We viewed it as buying into the system for the negotiated rates and coverage for disaster.
I had been in perfect health for 64 years and took no medications. On July 16, I was diagnosed with pancreatic cancer. So far, we have been billed over $150,000. Insurance has paid about $45,000 and everyone considers the bills settled.
That is what is so screwed up. The charges vs. the amount that the providers will accept. It makes it impossible to really evaluate what the true cost of health care is.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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