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  #31  
Old 11-04-2019, 11:10 AM
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Innovation. Adding a wellness plan and shifting from deductible and coinsurance to copays for 2020.

Haven's New Insurance Plan for 2020
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  #32  
Old 11-04-2019, 11:15 AM
Westley Westley is offline
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What's the difference between a deductible and a copay, in health care? Seems like copay is just the same as a deductible, except it might vary depending on where you are (primary versus ER versus urgent care, etc)?
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  #33  
Old 11-04-2019, 11:30 AM
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Quote:
Originally Posted by Westley View Post
What's the difference between a deductible and a copay, in health care? Seems like copay is just the same as a deductible, except it might vary depending on where you are (primary versus ER versus urgent care, etc)?
Copay is a per-service "you pay up to this amount" charge. So, anywhere from $5 to $50.
Deductible is a per-year "you pay up to this amount" charge that accumulates until you reach it. So, anywhere from about $250 to $7000.
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  #34  
Old 11-04-2019, 11:42 AM
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copays are "innovation"?
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  #35  
Old 11-04-2019, 11:50 AM
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Here's an idea. People are talking about how solar power and batteries are going to get 10,000 times better, just like computer processing power did, because they are obviously equivalent. So, let's just also assume health care can get 10,000 times cheaper, because tech firms are on the case.
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  #36  
Old 11-04-2019, 12:14 PM
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Here's an idea. People are talking about how solar power and batteries are going to get 10,000 times better, just like computer processing power did, because they are obviously equivalent. So, let's just also assume health care can get 10,000 times cheaper, because tech firms are on the case.
Great point. Computers and solar panels are both silicon based, so they can obviously improve 10,000 times. We are going to need to see a lot more silicone in the medical field to see that kind of improvement.
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  #37  
Old 11-04-2019, 12:44 PM
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Great point. Computers and solar panels are both silicon based, so they can obviously improve 10,000 times. We are going to need to see a lot more silicone in the medical field to see that kind of improvement.
TDA's avatars show proof of that.
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  #38  
Old 11-04-2019, 12:53 PM
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What if, and stay with me on this, we managed the care so people would only get the care they need?
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  #39  
Old 11-04-2019, 12:54 PM
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Or we could give them more of the cost share and that way they would be directed to make decisions like a consumer of health care.
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  #40  
Old 11-04-2019, 12:54 PM
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Or what if we just owned all the hospitals and only allowed members to use our locations?


I'm just innovatin my butt off over here.
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