Comments for The Long Term Care Solution

Comment on Purchasing a Private Health Insurance Policy by William

William — Thu, 18 Aug 2011 02:01:59 +0000

health-quotes.talk4fun.net – my family have this health insurance. It is affordable and has good coverage for dental issues.
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Comment on Purchasing a Private Health Insurance Policy by fritteritter

fritteritter — Wed, 17 Aug 2011 20:59:30 +0000

Family health insurance via LLC vs private policy?
I am planning to register an LLC, mostly for protection of my personal assets as I conduct business as an independent contractor in Ohio. However I have also heard that once I establish the LLC, I could hire my wife as an employee and apply for small business health insurance to cover our family. My current health insurance (my parents’ policy which was in effect as long as I was a full-time student) will lapse at the end of the year. My wife has health insurance from her university but it is not very good protection.

What are the benefits or disadvantages that I might face with organizing a small business health insurance plan through my LLC versus purchasing private family health insurance?

Comment on Health Insurance? by zippythejessi

zippythejessi — Mon, 13 Jun 2011 22:17:59 +0000

Because the majority of bankruptcy filings are caused by medical bills. A simple hospital stay averages about $10,000 a day – and then there’s the bill for any tests done, and doctors who see you in the hospital. (Any doctor who walks into a hospital room can bill the patient.)
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Comment on Health Insurance? by mbrcatz17

mbrcatz17 — Mon, 13 Jun 2011 22:00:59 +0000

Because uninsured health costs are the #1 cause of bankruptcy in the US. If you ever want to own ANYTHING, like a house, or buy a car on credit, you’d best keep health insurance in place. A bad car accident could lay you up for 6 months and give you $250,000 in medical bills, in a minute.
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agent, 21+ years

Comment on Health Insurance? by nrving

nrving — Mon, 13 Jun 2011 21:28:59 +0000

The purpose of any type of insurance is to protect against catastrophic loss. Using health insurance as an example, most everyday medical expenses are not very expensive (a physical exam averages $150.00+/-), but if you are admitted to the hospital for an emergency your medical bills would be in the tens of thousands of dollars at a minimum. If you do not have insurance you "self-insure" againts that potential catastrophic loss. Without insurance, the average person would face financial ruin if faced with a major loss.
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Comment on Health Insurance? by merrybodner

merrybodner — Mon, 13 Jun 2011 21:07:59 +0000

Have you gone to the doctor lately? Would you have the money to pay the hospital if you were seriously injured in an accident? Or contracted a disease? Or got cancer?

That’s why people buy health insurance: to protect themselves and their assets from medical costs. Did you know the most common cause of bankruptcy is medical bills?

Ask your parents.
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Comment on Health Insurance? by cleesurrey

cleesurrey — Mon, 13 Jun 2011 20:55:59 +0000

Pretty simply – health care is more than extremely expensive. Just routine testing which should be done on a yearly basis is very necessary in preventative care and at the same time very expense without health care insurance coverage. I work in a Laboratory – and do the billing. It’s incredible! Even if you have a health care plan that requires such things as deductibles and co pays and employee contribution, it still is worth every penny when you are ill and need medical treatment. Of course there are a ton of variety of plans out there that cater to different needs. Therefore it is always wise to do your research if your employer gives you options in health care plans to choose from.
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Comment on Where can i get cheap health care for blood clot? by kes

kes — Mon, 13 Jun 2011 20:47:59 +0000

you dont have time to faff with that. blood clots can be very dangerous.
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Comment on Where can i get cheap health care for blood clot? by Lee

Lee — Mon, 13 Jun 2011 20:27:59 +0000

Call 211. They will advise where nearest free health clinic is.
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Comment on Health Insurance? by csucdartgirl

csucdartgirl — Mon, 13 Jun 2011 20:06:59 +0000

Isn’t it obvious? It’s a potential to defer losses. If you pay for insurance and get very sick/hurt the insurance company will cover a percentage of the bills.

Depending on the plan*, but usually the ratio that company pays versus what the insured is payed is about 80/20.

So is it better to pay $300 a month in insurance premiums to deflect a big injury by 80/20 if one occurs or is it better to not have insurance and pay 100% if one occurs? You decide your risk tolerance.
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