Join Date: Apr 2006
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Simon, you may have no idea what we are talking about in terms of what is "good" health insurance in the US.
A typically "good" policy form an employer, or privately, would include:
Co-payment of $10 or less to see any doctor
Balance of doctor's fee 100% covered.
Hospitalization covered in full, up to $250,000 or more per incident, $500,000 or more per year, $1,000,000 lifetime coverage OR MORE.
You can buy cheaper plans, they often cap the payback at $50,000-100,000 for a lifetime limit--which means one appendectomy or organ failure and your plan is cancelled for exceeding the limits.
A "good" plan also would include all pharmaceuticals, not just a short approved list, available from any participating pharmacy (not just mail order) with a $5-10 co-payment.
And, it would include coverage from any hospital in the US, not just regional coverage. And, in an area where there are no "plan provider members" it will cover services for urgent care from any provider.
Yeah, you can get cheap insurance. And many businesses offer a "cafeteria plan" starting at $300-400 per month for the lowest HMO coverage. But that radpicly goes up to $1000 for the plans that offer complete and meaningful coverage. And if you want those same plans as a sole employer or other "individual"...you can easily pay 50% to 100% more, of the plan will be offered to you at all.
So, don't think for a minute that you can get "good" coverage by US standards, unless you know the specifics of the coverage policy and have seen it in writing. Including all the deductibles and limits.
If you want medical coverage on your own in the US, either you join a minimal coverage HMO or you get a "major medical" policy. Or sometimes, you can get a state-mandated policy for lower income families with children, etc.
But good cheap insurance? Like good cheap parachutes, you may want to examine the product before attempting to use it.