I’ve Saved Thousands of Dollars Waiting to Get on Obamacare | The Weekly Standard

In the meantime we are judicious in our health care spending: The other night our 2 year old came down with the croup and her fever spiked above 103. Normally that’s when I panic and rush to the doctor, but this time we called the our pediatrician’s 24 hour nurse hotline, and the nurse suggested we give motrin and watch her closely for a couple hours to see if the fever breaks. Which it did, thankfully, saving us a few hundred dollars and reducing our nation’s health care costs by a similar amount.

We’ve found other ways to economize on our health care spending too: my wife’s begun taking her prescription medication (which costs $350 a month out of pocket) every 30 hours instead of once a day and thus far has not experienced any ill effects. We postponed our six year old’s annual checkup and my annual melanoma exam.

Not having insurance has saved us a couple thousand dollars the last two months, but a couple thousand dollars is a hit I can take: what worries me is that we’re going to have a broken arm or a kidney stone or some true medical emergency that costs tens of thousands of dollars.

That’s all I want health insurance for—true medical emergencies—but Obamacare precluded that option. And because of its rank incompetence I can’t get any insurance at all.

via I’ve Saved Thousands of Dollars Waiting to Get on Obamacare | The Weekly Standard.

This man tells about the nightmare his family is enduring trying to get insurance through Obamacare. Meanwhile, his family is going without insurance. On the positive side, he is saving thousands of dollars by not having to pay the monthly premium. On the negative side, he tells about care his family is not getting because they don’t want to lay out the cash for the treatments. He also tells of things they’ve done, such as his wife taking her medication every 30 hours instead of every 24 hours, to save on their health care.

We should all be frugal with our health care whether we’re paying for it or not. Unnecessary tests and procedures are what drive insurance rates up. It is difficult to obtain a good balance of being frugal but still receiving the care you need when you have to foot the entire bill yourself.

Even so, health care and health insurance are not rights. Doctors and others within the medical community are offering a service or product to the general public just as your local dry cleaner is offering a service to clean your clothes for you. Unfortunately, health care can be very expensive; and in some instances can mean the difference between life and death. Still it is a product/service, not a right.

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4 thoughts on “I’ve Saved Thousands of Dollars Waiting to Get on Obamacare | The Weekly Standard

  1. Exactly, Lori: insurance is designed to pay for the things we CAN’T afford.
    If we stopped using it like a Best Buy Gift Card and instead used it as it was intended, it’d be loads cheaper… for everyone.

    Sorry, old insurance guy here. I’ll climb down off my soapbox now…
    😉

    Like

    1. I agree completely. A few years ago my son turned down insurance through his employer because all it covered was his office visits. It was not very economical for a young, healthy person.

      If people had more “skin in the game” so to speak, they would be more choosy, not run to the doctor or hospital at the drop of a hat, and shop around more. Anyone without insurance knows what that’s like.

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        1. I do not mind if you add a link to a relevant post. In this case, it is.

          I agree with your post. It is so easy to spend money freely and frivolously when it’s not coming directly out of your pocket! It is ridiculous to see how doctors and hospital inflate the cost of their services. They have to because they know the insurance company is only going to pay a small fraction of it.

          We’ve found that if you pay cash at the time of a doctor’s visit that they will give you a 25% discount. A doctor’s visit without insurance in this case, doesn’t cost much more than a co-pay. We have also found that some prescription medications are actually CHEAPER without insurance, because our insurance had a minimum co-pay on each prescription. We have found that some medications did not even retail at the minimum co-pay our insurance company required.

          Also, we have a wonderful chiropractor that we go to for most injuries. His payment plans for treatment were almost always cheaper than paying our co-pay to the insurance company.

          Not only that, when you pay up front at the time of visit everything is taken care of. There are no “explanation of benefits” to receive in the mail, no paying later what the insurance company didn’t pay, no bickering with the doctor’s office or insurance company because the wrong code was used, etc. It makes life so much simpler. It probably saves a few trees too!

          Like

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