trunks2k
Contributor
But honestly, I guess I don't know how health insurance works... I didn't know I had to pay anything, except a small copay, I thought my employer does... I don't think I've ever payed a "premium" on health insurance, I don't even know what that is.
It totally depends on your employer and health insurance. With some insurers you pay x% of the bill up to Y dollars, after which type insurance pays 100%. That Y dollars is on an annual basis, so every year, it resets.
For our insurance, which is excellent, my wife pays a couple hundred dollars a month out of her paycheck for coverage. Her employer pays an additional several hundred dollars. While some employers may pay 100% of that monthly premium, they are few and far between (usually union jobs).
We pay nothing at all out of pocket minus negligible copays provided we use a certain health system. That health system is very large and excellent so it's great. If using other health systems, the coverage is still well above average.
We paid maybe $100 total out of pocket for the birth of our two kids, which included fertility treatment to have the first one. Most people get bills at least ten times higher per kid for that.
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