Understanding Your Health Insurance Costs | Consumer Reports

Baffled by premiums, deductibles and out-of-pocket maximums? Here is an overview of health insurance that will help clear things up and give you a better sense of how your money is spent.

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[EricaYE]

Finally. Someone explains this demonic system in a way I can understand. Thank you!

[judyp]

This was super helpful and depressing, lol. Thank you

[bryamvasquez]

Im learning more from youtube than I did in high school

[af]

I did the math. It's cheaper for me to have a cavity, two eye exams, a $400 pair of glasses, a $250 pair of contacts, and 2 dental checkups RETAIL on the HIGH END of avg costs, than to have a PPO plan through my employer. $2100 vs $3400 a year. And that's not including all this deductible and co-pay nonsense!!

I'm taking the penalty this year, and cashing in on my family's genes.

I'm sorry for those born with pre existing conditions. I really am. It's not fair, and the system is built to farm you.

[TheEmbryotik]

this woman is making the out of pocket maximum sound like we are blessed. oh, thank you lord for this gift from you.

[ramsam]

This is so funny to watch. It made it look like it’s a happy event to pay insurance every month😂

[hanyelhag]

I'm not American and I have always struggled to understand how health insurance and their plans work in the US as I was curious. This video is the by far the best one to explain it and now I can rest in peace.

[vinab]

Hot damn! insurance company's are making a ton of money off people!

[chepis]

This is crazy if you’re young and don’t go to the hospital that much most of time you don’t even reach that deductible so you always have to pay for everything then next year comes and everything starts over 😮 you practically get robbed

[SweetAndSourPlums]

So let me get this straight.... I have to pay a fee every month, just to have to STILL pay until I hit a certain amount (my deductible), and THEN that’s when my insurance company will even start considering paying SOME (not all) of the expenses? So I’m paying to have the privilege of paying? How is this right? If I’m paying a monthly fee shouldn’t I be guaranteed covered healthcare on the spot as opposed to having to still pay?

[JoleneGov]

I'm preparing myself to be an adult. Thank you for this!

[MutaliMusic]

I despise how this video has cheerful music, narration, and animations when explaining a system that extorts its "members" every single day.

[trekkienzl]

Here in NZ, all I know that when I went to hospital after a biking injury, I got treated then I left, having paid only $1.00 (that's for the can of Coke I bought at the vending machine).

[DougGrinbergs]

The rest of the modern world must think we're idiots. (:-(

[peaceoutshadia]

So... I make 28, 000 a year 7, 000 a year goes on tax, social security, federal and Medicare, i end up with 21, 000. Then my health insurance cost 2, 400 a year (100 every two weeks) I really end up with $18, 600 a year. They expect you to survive on this money. 😑

[sfcallboy]

If only it were this easy. Out-Of-Pocket-Maximums are meaningless because the insurer decides what it is applicable to. In 2014 I learned that my possible costs were infinite because many charges were not applicable.

[RidvanMaloku]

Health Insurance in US is the second most profitable industry just after Retirement & Pension Plans. That should tell you everything you need to know.

[fxvsdx]

From my family's experience, this is the best case scenario.

Not mentioned is the constant mistakes in billings by both the MDs and the labs, and the hospitals, and the hours on the phone and the agony people go through to fix the mistakes.

BTY we are a healthy family with two kids and only need (so far) annual preventive check up and such.

God help the people who need constant help, and stuck in the health care's jaws !!!! 

[bliglum]

I love how optimistic this is.... "Lets say your premium is $200".. Pfft, I wish.. Cheapest plan I can find is almost double that... And "Let's say your deductible is $500" HAH!!! More like five THOUSAND dollars... American healthcare is a really bad joke.

[rebeccamorrison]

I was enjoying this vid until she said that is starts again each year 😂