I have a YUGO plan

[nvme]

everytime I visit my DR. I have to pay 50 dollars. If I get lab work thats an additional 25. If I am hospitalized, I am responsible for 50 percent upto 10,000 dollar threshold. After that I am not sure what happens. Specialists cost me 100. I make $2.35 an hour. I am a tipped employee. my W2 says I made 30k last year. One nasty bout, one accident or one fall ends my financial life for at least 10 years. I am fortunate enough to pay 230 dollars every month for this priveledge. My employer ( a mom and pop restaurant) pays the other 230 dollars. now 10k may not seem like much but for someone who is income limitted(I am in college again) then it is the end of the world if you get sick.

I dont consider it cadillac unless it offers plastic surgey, dental implants (free), or physical trainers.


A low deductible, low co-payment and prescription coverage is considered cadillac. I consider it necessary for survival.

[laughingliberal]

1. k & r n/t

[frazzled]

2. Your plan sounds like a lousy deal

The average plan for a single individual (I assume that is what you are) currently (in 2009) costs $4,824.

Your plan is admittedly stingy ... and at a yearly total cost of $5,520 is above average. Yet I'd say it has below average benefits.

But don't confuse it with this "cadillac plan" issue. I assume that your mom and pop employer is getting bad deal insurance because it is a small business, and possibly a very small business. Frankly, it's great of them to be offering it to you and paying half. Because I know how small businesses struggle here. They are probably exactly the type of business that will able to get insurance for their employees on one of the exchanges--and get a much better plan at a better rate, because of the larger pool leverage that will occur.

I wish I could tell you what our insurance costs, but I can't since my husband can't figure out what his employer's contribution is. We only know what we pay. That said, I know it's not a cadillac plan, even though (since we switched to the HMO version) we have no deductibles if we stay within the network. We do have copays, though more like in the $30 range. But our insurance is through a much larger employer (a college), so we get a better deal. Let's hope that your employer will be able to get onto the Exchange and find a better deal that will cost you less and put you less at risk financially.

Stay well ...

[nvme]

3. thnks

[jberryhill]

4. I wanted a Schwinn Plan....

....but got a Radio Flyer

[mdmc]

5. jalopy