Just got a look at the revisions to this years medical insurance policy. Pretty scary! I am currently accessing my previous employer's medical plan through the COBRA plan. This year they have raised the deductible to $2500 per person $7500 for a family, and then will only pay 70% (of what they think it should cost). I was told that they would cap the out of pocket at $6000 per person and $12,000 for a family. Pretty scary! Worst case is $7500 plus the $12,000 plus the premiums, plus co-pays equals $24,500 in medical expenses. I am telling everyone in the family DO NOT GET SICK OR HURT. That's a luxury I can ill afford. $24,500 is a pretty good sized chunk of change.
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