Hello, how are you guys doing. Im trying to pick out heath insurance and i am a little bit confused.
For example lets say that the deductible is $4000, maximum out of pocket is $7000 and you also have a inpatient hospital 20% after deductible.
lets say over the next 6 months i spend around $1000 on co-pays and then i go to a doctor that says i require major surgery that will require me to stay in the hospital for 5 days and i end up racking up a $150,000 hospital bill.
How much will i have to spend out of my own money?
P.S the “20% after deductible” part is what is really confusing me, as in i already paid $1000 previously and now i will pay $3000 from the $150,000 bill which leaves me with $147,000 and then i still have to pay 20% of $147,000?
submitted by /u/shkevi
[link] [comments]
Hello, how are you guys doing. Im trying to pick out heath insurance and i am a little bit confused. For example lets say that the deductible is $4000, maximum out of pocket is $7000 and you also have a inpatient hospital 20% after deductible. lets say over the next 6 months i spend around $1000 on co-pays and then i go to a doctor that says i require major surgery that will require me to stay in the hospital for 5 days and i end up racking up a $150,000 hospital bill. How much will i have to spend out of my own money? P.S the “20% after deductible” part is what is really confusing me, as in i already paid $1000 previously and now i will pay $3000 from the $150,000 bill which leaves me with $147,000 and then i still have to pay 20% of $147,000?
submitted by /u/shkevi [link] [comments]Read Morer/HealthInsurance