Thanks for the article ... I love reading the insights from a former healthcare administration insider. The title should be "When It's Emergent". Our health insurance companies should update their smartphone apps to use geo-location to determine whether facilities/providers are in-network or not. My wife recently had ankle surgery at an in-network hospital using an in-network orthopedic surgeon. But are the radiologists and anesthesiologist in-network? One never meets the radiologist(s), and the anesthesia doc pops in at the last minute. Healthcare is complicated, even for those of use who think we are going through all of the right steps. A recent innovation that I like is the "virtual visit". I have used this feature successfully recently, no extra fee! My healthcare thinking nowadays for a new condition -- try a virtual visit first, then primary care doc, urgent care, then ER. Of course, see the primary care doc for an annual visit.
Thanks for sharing this story. It's great that you were able to transition from pro ballplayer to CFP. I wish most college students today were able to pick college degrees based on life experiences like you did. I have college age kids and I wonder if they (and other college students) can make a good college major choices with so little life experience. I hope you can write more pieces for Humble Dollar!
I appreciate all of the detailed info! We were impacted by a "pre-existing condition" that limited our options pre-ACA. For us, premiums from 2014-2020 totaled about $129K for my family of 4 (fewer on plan in later years), then $35K for out of pocket medical expenses (emergency appendectomy, dentists, vision, etc.) during this period. I would love to have more transparency on actual prices/costs of things. Healthcare is one service that we use where we have very little info going in about how much it will cost, and then we have to decipher the Explanation of Benefits later. Who knows what the actual $ exchange is between the insurer and the medical provider, right?
Comments:
Thanks for the article ... I love reading the insights from a former healthcare administration insider. The title should be "When It's Emergent". Our health insurance companies should update their smartphone apps to use geo-location to determine whether facilities/providers are in-network or not. My wife recently had ankle surgery at an in-network hospital using an in-network orthopedic surgeon. But are the radiologists and anesthesiologist in-network? One never meets the radiologist(s), and the anesthesia doc pops in at the last minute. Healthcare is complicated, even for those of use who think we are going through all of the right steps. A recent innovation that I like is the "virtual visit". I have used this feature successfully recently, no extra fee! My healthcare thinking nowadays for a new condition -- try a virtual visit first, then primary care doc, urgent care, then ER. Of course, see the primary care doc for an annual visit.
Post: When It’s Urgent
Link to comment from June 22, 2022
Thanks for sharing this story. It's great that you were able to transition from pro ballplayer to CFP. I wish most college students today were able to pick college degrees based on life experiences like you did. I have college age kids and I wonder if they (and other college students) can make a good college major choices with so little life experience. I hope you can write more pieces for Humble Dollar!
Post: Big League Lessons
Link to comment from May 25, 2022
I appreciate all of the detailed info! We were impacted by a "pre-existing condition" that limited our options pre-ACA. For us, premiums from 2014-2020 totaled about $129K for my family of 4 (fewer on plan in later years), then $35K for out of pocket medical expenses (emergency appendectomy, dentists, vision, etc.) during this period. I would love to have more transparency on actual prices/costs of things. Healthcare is one service that we use where we have very little info going in about how much it will cost, and then we have to decipher the Explanation of Benefits later. Who knows what the actual $ exchange is between the insurer and the medical provider, right?
Post: Affordable Care?
Link to comment from April 6, 2022