Comments on: Why Our Health Care Costs Are Running Wild http://www.healthinsurancecolorado.net/blog1/2008/10/27/why-our-health-care-costs-are-running-wild/ Research and discussion of the Colorado health insurance industry and the healthcare crisis in America. Sat, 20 Mar 2010 01:19:45 +0000 http://wordpress.org/?v=abc hourly 1 By: Dan http://www.healthinsurancecolorado.net/blog1/2008/10/27/why-our-health-care-costs-are-running-wild/comment-page-1/#comment-12983 Dan Fri, 09 Jan 2009 20:50:00 +0000 http://www.healthinsurancecolorado.net/blog1/?p=701#comment-12983 Outstanding article... however, many Americans are now in a position to chose between a paying full price for their health plan (meaning no employer subsidized options) and paying the bills. The average premium for an average family is $907 a month. When your health insurance costs "run wild" - and you're faced with paying 100% out of your own pocket for the monthly premium, consider your options and determine how best to invest that 10 grand (or what ever your total annual premium). How can you put that money to work for YOU? Many of my clients opt for a low cost CDHC plan to help with their health care costs below $2500, match that with a high deducible health plan on the back side to protect them from catastrophic financial lose, and invest the difference in to a health savings account. The combined total cost of owning a CDHC plan and HDH plan is a fraction of the typical 80 / 20 insurance policy. That leaves money in your bank account to pay the bills, or if you choose, to put a portion of the balance in to a Health Savings Account, which is tax free when you contribute, and tax deductible when you use the funds for medical purposes. Just a rational thought. Outstanding article… however, many Americans are now in
a position to chose between a paying full price for their
health plan (meaning no employer subsidized options) and
paying the bills.

The average premium for an average family is $907 a month.

When your health insurance costs “run wild” – and you’re
faced with paying 100% out of your own pocket for the monthly
premium, consider your options and determine how best to invest
that 10 grand (or what ever your total annual premium).

How can you put that money to work for YOU?

Many of my clients opt for a low cost CDHC plan to help
with their health care costs below $2500, match that with
a high deducible health plan on the back side to protect them
from catastrophic financial lose, and invest the difference in
to a health savings account.

The combined total cost of owning a CDHC plan and HDH plan
is a fraction of the typical 80 / 20 insurance policy.

That leaves money in your bank account to pay the bills,
or if you choose, to put a portion of the balance in to a
Health Savings Account, which is tax free when you contribute,
and tax deductible when you use the funds for medical purposes.

Just a rational thought.

]]> By: Billy Hallowell http://www.healthinsurancecolorado.net/blog1/2008/10/27/why-our-health-care-costs-are-running-wild/comment-page-1/#comment-12492 Billy Hallowell Tue, 28 Oct 2008 05:45:00 +0000 http://www.healthinsurancecolorado.net/blog1/?p=701#comment-12492 Great post on health care costs. It’s great to see bloggers covering health care as we approach next week’s election. It is, without a doubt, an important and complex issue. Costs are really out of control. Here at Public Agenda we’ve put together an informative non-partisan guide that focuses on the facts and on the plethora of perspectives surrounding the health care debate in America. Be sure to check it out at http://publicagenda.org/citizen/electionguides/healthcare and feel free to contact us with any questions. Great post on health care costs. It’s great to see bloggers covering health care as we approach next week’s election. It is, without a doubt, an important and complex issue. Costs are really out of control. Here at Public Agenda we’ve put together an informative non-partisan guide that focuses on the facts and on the plethora of perspectives surrounding the health care debate in America. Be sure to check it out at http://publicagenda.org/citizen/electionguides/healthcare and feel free to contact us with any questions.

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