How much did you spend this year for medical bills?

hislegacy said:

What percentage of your gross income did you spend this year for medical bills. (Does not include OTC meds)

Add up your monthly insurance, if you have it, prescriptions and out of pocket expenses.

How much did you pay?

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I spent an awful lot on an insurance policy with a huge deductible. I spent almost nothing on medical bills because I couldn't afford to go to doctors or clinics and pay the deductibles. It cost me hundreds of dollars though to see a doctor just to get a prescription refill authorization.

Goonie said:

thing to remember about these taxes is that it is paid on the sum earned above the bottom limit. So my effective rate of tax is considerably less, probably about 16-18%.

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The US and New York State both also have a graduated income tax. So the same would apply here. Only income above a certain amount is taxed. Though that income that is taxable may be taxed multiple times depending upon where in the US one lives. If one lives in New York City it will be taxed three times. Once by the city once by the State and once by the Federal Government. Of course that does not include the tax for Medicaid /Medicare and Social Security which is not graduated but regressive as it is taken out of every dollar of earnings up to a limit. So the people of New York City that have taxable income will actually pay tax on that income four times. Then there are all the non income taxes that they pay as well.

Including insurance premiums, all in we were at about 25% of our pre-tax income. And we're on an Obamacare plan.

$000.000

Ricky M said:

Including insurance premiums, all in we were at about 25% of our pre-tax income. And we're on an Obamacare plan.

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Those Obamacare plans are quite expensive plans.

grasping the after wind said:

The US and New York State both also have a graduated income tax. So the same would apply here. Only income above a certain amount is taxed. Though that income that is taxable may be taxed multiple times depending upon where in the US one lives. If one lives in New York City it will be taxed three times. Once by the city once by the State and once by the Federal Government.

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Yep, my impression is that the American system is more complicated. The closest to state/city tax, is council tax which is based on property value not income.

Goonie said:

The closest to state/city tax, is council tax which is based on property value not income.

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You’re giving me Poll Tax flash backs, man

Goonie said:

Yep, my impression is that the American system is more complicated. The closest to state/city tax, is council tax which is based on property value not income.

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We have those too. Property taxes are in addition to all those income taxes, sales taxes, utility taxes, etc.

One surgery, numerous appointments, procedures and tests. No insurance. Total cost about $7 for parking. Tax is less than in the US.

grasping the after wind said:

We have those too. Property taxes are in addition to all those income taxes, sales taxes, utility taxes, etc.

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Crikey. You pay all those taxes and you have to shell out on insurance and then still have to pay for your treatment.

That’s insane.

Larnievc said:

Crikey. You pay all those taxes and you have to shell out on insurance and then still have to pay for your treatment.

That’s insane.

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Why do you think we are not very eager to allow our government more excuses to overtax us?

grasping the after wind said:

Why do you think we are not very eager to allow our government more excuses to overtax us?

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The big advantage of the NHS is that of big savings on administration, not having to account for multiple insurance companies etc. The greater ability to dictate the price of drugs, so maximum cost of a prescription is £10, something that Trump wants to challenge in any new trade deal.

OldWiseGuy said:

Had no medical, or insurance, costs for 2019.

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Excellent! That's good planning and avoiding all bad luck! Kudos. What's your secret?

Larnievc said:

Crikey. You pay all those taxes and you have to shell out on insurance and then still have to pay for your treatment.

That’s insane.

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No, that's what FREEDOM looks like. You guys in Europeland should give it a try! Freedom isn't free. (And it's way more than $1.05)

grasping the after wind said:

Why do you think we are not very eager to allow our government more excuses to overtax us?

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Actually, we are eager to move to a system more like the rest of the free world enjoys. More than half of us, that is.

I paid $180 total this year. I have a taft-Hartley union plan, my employer pays 100% of premiums on a platinum plus plan. I’m also fortunate to be quite healthy.

Few ppl have union insurance, however. We need Medicare for all.

carl_b_me said:

No, that's what FREEDOM looks like

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Where parasites roam free?

My husband is a disabled veteran. When he was in Vietnam, I doubt he ever made more than $300 a month, but I can't even begin to add up all he's gotten in benefits since he was diagnosed with the first of three Agent Orange illnesses. His medical expenses were nil.

I have Medicare, a supplement, and a dental plan. I needed my first and hopefully last dental implant, costing me $2000.

Sparagmos said:

Actually, we are eager to move to a system more like the rest of the free world enjoys. More than half of us, that is.

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Half of who? The respondents to some poll you like the results of? When I said "we" I did not claim to speak for everyone. Let me be clear. Anytime I express the opinion that we think something, I am speaking of myself and those that are likeminded. Not for every person in the country. I could not know what every single individual in the US thinks and I very seriously doubt that they all agree on anything or that a majority are all in total agreement upon anything for that matter. Those that would agree with the idea that we do not trust the government to do health care well may have a completely different opinion on how health care could be done well. There are however a great number of us that think that we do not trust the government to deliver health care even as well as it is now being delivered. That opinion is based upon how government has shown itself to functions in other areas of endeavor. Which is not proven to be done in anywhere near the best or most efficient manner possible.

rambot said:

0%
I'm up in Canada though.


You don't have insurance?

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Technically, you do pay in Canada but because it comes in the form of taxes, you overlook it.