Finally. Someone explains this demonic system in a way I can understand. Thank you!

5 жыл бұрын

EricaYE6 EMPHASIS ON DEMONIC

@Rebecca-asdf

3 жыл бұрын

my feels exactly haha :/

@kaleb51

3 жыл бұрын

first world country btw

@cere25

3 жыл бұрын

Demonic IT IS! 😇

@jlkailua

2 жыл бұрын

I'm too Irish for this conversation. I hear my dad in my head screaming "walk that shit off" everytime I hurt myself as a kid. I laughed when she used $500 as a deductible payment example. More like $6000 at least. I couldn't reach that quota 😂

This was super helpful and depressing, lol. Thank you

This is literally a scam.

@Luis-xr6ec

3 жыл бұрын

Yup!

@Zones33

3 жыл бұрын

That’s the American dream

@ashesne11

2 жыл бұрын

Biggest mlm ever made

@aarontheanarchist9299

Жыл бұрын

I'm watching this for school rn 😭😭

@creamdelacreme

10 ай бұрын

Then don’t have insurance?

Im learning more from youtube than I did in high school

@ashrice4642

3 жыл бұрын

coming from a sophomore still in high school, my teacher is having us watch this video to learn about insurance lol

@itstoasty7089

3 жыл бұрын

This is why the school system is broken. We don’t need more education after middle school, the rest should be optional depending on careers...

@neeravsahay

3 жыл бұрын

@@ashrice4642 I'm a junior in high school. Thank god some teachers teach us stuff that's actually useful.

@jelguwop299

3 жыл бұрын

Welcome To the Institute of binge watch and prophecy

@Faith_and_Hope_07

3 жыл бұрын

Yes! I am getting many degrees from KZread university. LOL God bless everyone who takes the time to upload the videos.

I did the math. It's cheaper for me to have a cavity, two eye exams, a $400 pair of glasses, a $250 pair of contacts, and 2 dental checkups RETAIL on the HIGH END of avg costs, than to have a PPO plan through my employer. $2100 vs $3400 a year. And that's not including all this deductible and co-pay nonsense!! I'm taking the penalty this year, and cashing in on my family's genes. I'm sorry for those born with pre existing conditions. I really am. It's not fair, and the system is built to farm you.

@ashleyashleym2969

5 жыл бұрын

Yep insurance in the US is shit. Where I'm from you actually get more out of insurance than you pay. SO it's worth it where I'm from. BUt in the US its a really shitty insurance system.

@LiftRunFight

5 жыл бұрын

Dont break a bone or even get sick. Those antibiotics are over a couple grand a pop.

@sidman1408

5 жыл бұрын

Austin but what about if you do get sick. Have cancer or a heart attack no one ever knows. Private insurance plans work better for those who are healthy. Allow me to help. Reply back to me if you want insurance for the right reasons.

@Andy-em8xt

3 жыл бұрын

The point of insurance is to pay for the big stuff. Like surgeries or hospitals stays that cost tens, even hundreds of thousands so you don't go bankrupt. It's probably worth it to have higher deductibles if you have a decent rainy day fund. Sadly most Americans don't

@muzzo23

3 жыл бұрын

$250 for contact lenses???,in Scotland i pay about £17pm(about $22) for monthly wear contact lenses.

Hot damn! insurance company's are making a ton of money off people!

@canasmax5237

3 жыл бұрын

Well i mean they gotta pay for their member's stuff some how

@zerog1037

3 ай бұрын

I'll give you a bag of bandages and you do it yourself then

So let me get this straight.... I have to pay a fee every month, just to have to STILL pay until I hit a certain amount (my deductible), and THEN that’s when my insurance company will even start considering paying SOME (not all) of the expenses? So I’m paying to have the privilege of paying? How is this right? If I’m paying a monthly fee shouldn’t I be guaranteed covered healthcare on the spot as opposed to having to still pay?

@ELCLAVE300

2 жыл бұрын

That is correct. If you read the ACA, you can tell it was written by the health insurance companies.

@jay_wuks

2 жыл бұрын

Sounds crazy doesn’t it?😂😂It’s like a pool. The premiums we pay every month go into this pool to cover for other people’s big hospital bills and what not. I believe that’s the only way our health insurance system can function in the US. It depends on the Premiums/Deductibles of the Members.

@Dankdalorde

2 жыл бұрын

Dude I work in this field and it fucking is bonkers that this is legal. You just described the mandatory health insurance industry.

@anothergoogleaccount4500

2 жыл бұрын

you can be guaranteed full healthcare coverage right on the spot in countries like Brazil for instance, fortunately not all places have the same healthcare system.

@alexschwartz4412

Жыл бұрын

its “to incentivize people to find cheaper care” and keep people from wasting medical resources. It’s a shame no other country or system has found a better solution, I guess the insurance companies and their lobbyists will just have to keep making tons of money

this woman is making the out of pocket maximum sound like we are blessed. oh, thank you lord for this gift from you.

@TheEmbryotik

7 жыл бұрын

not a PENNY more... ;-) *wink and a hand shaped like a gun pointing right at ya*

@dannymain542

Жыл бұрын

Haha ikr, some out of pockets are up to 100 000 $ so good luck getting there

@zerog1037

3 ай бұрын

Well yes, because it means you spend a fraction of the costs involved

@zerog1037

3 ай бұрын

​@@dannymain542literally they arnt. The average out of pocket is 8000

I despise how this video has cheerful music, narration, and animations when explaining a system that extorts its "members" every single day.

@rleonaf

5 ай бұрын

lol they really be making it seem like its a joyful thing when its a pain sometimes

@zerog1037

3 ай бұрын

Literally doesn't extort anyone but ok

I'm not American and I have always struggled to understand how health insurance and their plans work in the US as I was curious. This video is the by far the best one to explain it and now I can rest in peace.

@OsirisT

2 жыл бұрын

Same, except I AM from America so i probably won't rest in peace anytime soon knowing that the health system here is fucked 🤷‍♂️🙂

@jwatwater

2 жыл бұрын

As an American, we don't know either.

@sreesweraam

Жыл бұрын

Trust me, I know so many Americans into their 40s and 50s, who don't understand either. Only, because no one really bells the cat?!

@zerog1037

3 ай бұрын

It's actually very similar to my countries health insurance, but we just don't have the deductible. I actually like the deductible though as it can reduce your premium significantly and turn your health insurance more into a plan thr just covers the emergencies. We could do with tht type of flexibility

This is crazy if you’re young and don’t go to the hospital that much most of time you don’t even reach that deductible so you always have to pay for everything then next year comes and everything starts over 😮 you practically get robbed

@clarencemaseko428

Ай бұрын

You just described me here. I almost went for it but decided to do a little research before diving deep and now I realized I almost fell for a scam

I'm preparing myself to be an adult. Thank you for this!

Here in NZ, all I know that when I went to hospital after a biking injury, I got treated then I left, having paid only $1.00 (that's for the can of Coke I bought at the vending machine).

@k.baller5140

3 жыл бұрын

How nice. American Healthcare is the biggest scam ever. They extort the poor and we either die naturally or die in debt

@ruthmartinez5604

2 жыл бұрын

I was in the er for 3 hours max and got an IV paid 700$ with insurance 😭😭😭

@trekkienzl2862

2 жыл бұрын

@@ruthmartinez5604 Was in the 🇺🇸 States?

@americanchauvinist1210

2 жыл бұрын

Smaller population is easier to make health insurance free funded by taxes

@lydiascott8356

2 жыл бұрын

@@americanchauvinist1210 how so

This is so funny to watch. It made it look like it’s a happy event to pay insurance every month😂

@danthehealthinsuranceman4310

4 жыл бұрын

You say that until you actually need your insurance for thousands of dollars. Sound like you might be paying to much for your insurance though...

@OsirisT

2 жыл бұрын

"it's important to know, that every year... This starts over! 😀"

@MrBradytribe

2 жыл бұрын

Funny thing is the numbers seemed reasonable. Then I look down at my computer and it's ~$600 for two with an almost $18,000 deductible. Thought I saw a giant middle finger pointed at me 😲

The rest of the modern world must think we're idiots. (:-(

@jsmith54565

6 жыл бұрын

Yes all the 33 countries that do have that kind of a system we certainly do!

@derekrequiem4359

5 жыл бұрын

But but but the government taking care of its citizens is literally socialism!!!!1!! VeNezUeLa!!!!!!!!

@kaleb51

3 жыл бұрын

@@derekrequiem4359 lmaoo ikr

@hanaasiraj3225

3 жыл бұрын

Yes as a British person I do think this system is idiotic

@kwaaaa

2 жыл бұрын

@@hanaasiraj3225 Oh trust me, as an American a lot of us think this system is idiotic. But we have enough idiots to support the system, so the show must go on.

If only it were this easy. Out-Of-Pocket-Maximums are meaningless because the insurer decides what it is applicable to. In 2014 I learned that my possible costs were infinite because many charges were not applicable.

@OsirisT

2 жыл бұрын

When I checked what qualifies towards my out of pocket maximum it said: "Your Death" 🤷‍♂️

@baileymorris4990

2 жыл бұрын

@@OsirisT guess ill die

@Dankdalorde

2 жыл бұрын

@@baileymorris4990 same

So... I make 28,000 a year 7,000 a year goes on tax, social security, federal and Medicare, i end up with 21,000. Then my health insurance cost 2,400 a year (100 every two weeks) I really end up with $18,600 a year. They expect you to survive on this money. 😑

@somestuffithoughtyoumightl6985

5 жыл бұрын

Worst case your taxes would be $2200/yr total on this money, most of which is social security.

@dvsandgo1

5 жыл бұрын

Lets thank precious donald for making America great again

@josebuena624

3 жыл бұрын

Yea you end up with 18,600 a year until the year you get seriously injured and then you have to max out your deductible. Which probably upwards of 10,000. Then you're down to less than 8600 that year and your life is in shambles.

@Mr.Insomniac

3 жыл бұрын

So this doesn't include the house bills and car insurance? This is America for you

@GojoTheHonoredOne9

3 жыл бұрын

Its called make more money

Thank god, im living in Denmark. You don't have do anything, minior injuries, broken legs, birth, cancer you name it, no need for a special insurance ! You just live your life and pay tax and the system takes care of you

@TotalVikingPower

8 жыл бұрын

It depends on what you earn, but the loweste is 44,8 (2016) and highest is 56 %

@TotalVikingPower

8 жыл бұрын

nope and we are very happy

@TotalVikingPower

8 жыл бұрын

dunno what you mean here... But the living standard is very high and this is the land of opportunities because you don't need rich parents to take a college degree. This is also covered by the tax. During the school jer you get 800 dollars in subsidies per student pr. month

@TotalVikingPower

8 жыл бұрын

56 % so you have 44 % left. So 56 % is our highest tax

@nicolasmarquez7786

8 жыл бұрын

Same in Uruguay!

Health Insurance in US is the second most profitable industry just after Retirement & Pension Plans. That should tell you everything you need to know.

I love how optimistic this is.... "Lets say your premium is $200".. Pfft, I wish.. Cheapest plan I can find is almost double that... And "Let's say your deductible is $500" HAH!!! HAHAHAHAHAHA!!!!!! More like five THOUSAND dollars... American healthcare is a really bad joke.

@bliglum

3 ай бұрын

@ElwoodBlues-hy4qk If only we could get a dispenser over here.

I was enjoying this vid until she said that is starts again each year 😂

Corruption at its finest

From my family's experience, this is the best case scenario. Not mentioned is the constant mistakes in billings by both the MDs and the labs, and the hospitals, and the hours on the phone and the agony people go through to fix the mistakes. BTY we are a healthy family with two kids and only need (so far) annual preventive check up and such. God help the people who need constant help, and stuck in the health care's jaws !!!!

Wow so if i reach stage 2 near the end of the year,I start all over again?thats not fair at all.

@jenjencurls

5 жыл бұрын

jenjen0597 yep. Most people wont reach that stage though...

@kristinabrown3077

5 жыл бұрын

I don't think health insurance is built to be fair, I think it is built more to make insurers money

I thought you just pay a monthly fee and they pay everything. 🙄 Glad to be in Canada.

I teach school and teach an "Insurance Operations" class and this is an amazing video. Excellent job!

@jamesclawson9243

2 жыл бұрын

Wish I could've taken a class like this. Just graduating from university and got an offer for a salary job with benefits; wish I learned about all this stuff from uni.

If someone like me can finally understand something like this, you’ve done a great job. Thank you for the video!

This video may have come out in 2014 but it still explains the system better than most in the present day. Much appreciated!

$500 deductible? $2000 maximum out of pocket? HAHAHA! when was this video made? The early 2000s? The 90s perhaps?

@itsroyette

6 жыл бұрын

This still exist. For low cost plan

@sidman1408

5 жыл бұрын

Alec you can still have a plan you want. Allow me to explain new private plans that protects you the way you want

This is the type of stuff I wished I learned in school. Thanks!

This is THE best video on youtube explaining the process of the insurance world. Thank you for making it so incredibly simple!!!

This was the best explanation of how health insurance works I've ever seen. So simple and to the point. Really Helpful!

So what happens by having a high deductible and being somewhat healthy and never reaching your deductible. Do you just pay for the premiums and the health care? so why do we need the insurance for if we are having to pay them both?

@Shmirty

7 жыл бұрын

Because the government punishes you for not having insurance too. damned if you do, damned if you dont.

@bliglum

5 жыл бұрын

You need to so that you can fatten the insurance companies coffers! Now do you consumer duty! 'Murica!

@hcplsmf

5 жыл бұрын

Also, in some cases, it’s cheaper to pay the monthly premium than to pay out of pocket for the ridiculous prices of preventive care.

@sidman1408

5 жыл бұрын

So let's buy have it for the true reason. You shouldn't have to pay high deductibles to get coverage. Allow me to help. And I can explain.

Usually, I never comment on KZread channels, but your channel is so convincing that I never stop myself from saying something about it. You’re doing a great job Man, Keep it up.

This video really helps me understand health insurance and how to really know what to expect with certain plans and services. Thank you i can now comfortably teach this to my class mates.

Thank you so much for finally helping me understand how the healthcare insurance costs work.

out of 3 videos I've watched on health insurance this one helped me understand the most (currently working on adult)

Thanks for explaining the health care key concepts in such a easy to understand way!

Super informative! I did notice that I couldn't use closed captions though. Thankfully, KZread studio and other online services can make that an easy fix! As 360million people rely on utilizing close captioning to understand videos, adding them to your videos can help your message reach a wider group of people and promote inclusivity! Thanks!

I ended up broke after watching this.

Wow! What an amazing and easy to understand explanation. Wish I would have had those years ago. Thank you very much!

Nice. Only thing it missed was covered vs uncovered expenses. Only covered expenses count toward your deductible. Make sure your provider gets the insurance company to say it’s covered. Otherwise YOU’RE paying and it doesn’t count for anything

In Australia it works differently (if we choose to get private health, we have universal health care for those who choose not to). We pay the monthly premium and then have waiting periods for each service. For example things like optical have a 2 month waiting period, things like dental surgery have a 12 month waiting period etc. But once you have served that waiting period, it doesn't restart again each year. You've served the waiting period even if you change private health insurers. Every now and then insurers will even have a deal where they waive all 2 and 6 month waiting periods. Once you have served your waiting period, the insurer will contribute a certain amount or percentage towards every service you are covered for, up to your maximum allowance every year. That maximum allowance resets every year, but the waiting periods don't. Edited to add: I've never heard of deductibles or maximum out of pocket, we don't seem to have that here with private health.

Beautifully explained! Thanks for sharing!!!

This is a really good video that breaks down health insurance.

thank u for also being one of the few that explains these confusing terms!

Thank you for this VERY helpful video!

Thank for explaining it in such a simple way to understand.

Oh my. I have my health insurance thru my employer for 2 years and HR didn't explained to my about it. And this video of 4:55mins explained to me everything. I hope HR's in every company present this video to new hires.

Hi there! I could have sworn I’ve been to your videos before, but I realized it’s new to me after browsing through some of the published videos. Regardless, I’m definitely happy I stumbled upon it and I’ll be subscribing it and checking back frequently!

500 deductible for a 200 plan where do I sign up bhahaha!

@JonathanVarela-or3yb

6 жыл бұрын

Rew mine is 188 and zero deductible.

@laurenbaldwin7478

5 жыл бұрын

Jonathan vvv what provider do you have??

very helpful video thanks. however, this insurance thing sounds like a big scam to me

@craigbowers4016

6 жыл бұрын

It is. The isnurance company's main goal is to make money, not to help people live.

Simple yet insightful explanation! Gratitude!

I never comment but this video helped me so much! I damn near picked a 3,000 deductible with a premium of 39.50 and an out of max at 5,000. Instead I got a 500 deductible on a 12.50 premium with an out of max at 4,500. This also comes with pretty much $0 in copays. Thank you so much that would have been the biggest mistake in my adult life.

@nsb2021

2 жыл бұрын

really nice! Do u know the exact name of you're plan & the provider if u dont mind telling thanks best regards

@jaisaan7293

2 жыл бұрын

Who’s your provider?

@Slm-mb7cq

2 жыл бұрын

What's the name of your insurance please?

Awesome. Thank you for explanation. I’m a foreigner here and having hard time understanding different terms.

Thanks for sharing such great information. It is really helpful to me. I always search to watch the quality content and finally I found your video. Keep it up, keep posting!

Amazing explanation.

Thank you! Best video I’ve seen so far!

Finally I understand all about my insurance . Thank you.

Very helpful. Thank you and so sad it's expensive and complicated we need to watch a video on how to get ripped off by the insurance.

BEST EXPLANATION OUT THERE

Wow Its very simple informative video Thank u

Thank you so much for making this clear to me.

This is a fantastic video. It's clear and easy to understand your explanations. Thank you for providing this information.

WOW! This was SO CLEAR!

Very helpful!

Thank you this was very helpful and informative 👍👍

This guy Eric Hirschkorn is a hardworking fellow. I have known him for more than 30 years. He knows his insurance! I would buy from him.

Great explanation, thank you!

Thank you so much for this informative video. You explained so well and I am no longer confused. Thanks for making it so easy to understand.

Excellent video. Thanks very much

STAY HEALTHY LOL

the only way I could have understood this was by this video thank you!

This was incredible! Perfect vid!

Thanks so much for this video. If I understood correctly, here in Croatia we only pay premium and we are at the stage 3 from that very moment.

I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.

Awesome explaination, thank you

Knowing is power! my ER visit bills from CHI St.Luke's included charges for pain-relief injections never done, facility & procedures for Severity Level 4 and Level 5, while I spent total 3.5 hours sitting on a chair in their waiting room - (real severity - Level 2, as max) with some labs work and CT test performed and met the doctor at the very end - in 3+ hours after arrival... They say with straight face that extra & upcoded charges are correct - WATCH OUT FOR THAT!!! - you may need lawyers... BTW: who has to check the charges levels: Me or Insurance co I pay monthly?

What a brilliant video. Great advice, simple and practical. I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!

thansk for information. can you please make me understand that concept of 'allowed amount applied towards deductible' with an example.

This was beautifully explained

Excellent video. Thank you.

Well, my premium is just about the same amount as I'd pay out of pocket for my asthma medication. I might as well pay $320 a month to get the medication along with dental, vision, and preventative care visits. It's also nice to know that I won't go bankrupt if something bad happens and I end up in the hospital. Still, I envy Canadians.

This was so helpful

Excellent video!

great video! It'd be beneficial if you added CC for people with hearing impairments!

One thing you can be sure of: the insurance company will try to pass on as much cost to you as possible, all the while raising your premiums every year. Your copays go up, and your benefits will be less. That’s how the game works. They have the game set up in their favor. You can be sure of that.

very very helpful :)

Here in New Zealand we have free universal public healthcare that cover most of our healthcare needs (such as treatment at public hospitals and prescription drugs covered by PHARMAC) but we do need private health insurance to cover things not covered by the public healthcare system (such as private hospital, drugs not covered by PHARMAC, mental health and dental). I may buy supplementary private health insurance from NIB or Southern Cross.

WOW I FINALLY UNDERSTAND! THANK YOU.

Good video, helped me a ton.

Thank you! I was so confused when selecting my plan. I was like what the fluff lol

Helpful explanation!!

We kind of do what the US do. So here in Ireland, if you choose to go private instead of public, so if you have a pre-exsisting condition, depending on the plan you were on previously, you will or will not be covered. I was on my moms policy up until August 2021, then i went onto a new system. I only pay 68.88 euro a month which is about 70 some bucks a month. After that, they do the rest.

Thank you for making this

I literally can't even afford to just get a regular check up due to my deductable not being met lmao... Universal health care for America? Never.

@juankroosfrausto7411

2 жыл бұрын

This video stated you can get checkups with the premium? Why don't you look for something that will cover without needing to meet a deductible.

The deductible is and copay is much higher than this. And if you reach your max out of pocket for the year, most like your premium will go up. Even worst they might choose not to insure you anymore. What’s more messed up is there are lots of fine prints when a insurer can actually not pay.

I have an autoimmune disease that has no known cause or cure. My medication costs over 6k per month without insurance. My OOP max is $2800. So assuming the insurance holds true to that figure I have a $2800 annual fee for having a disease I didn't choose. Cool.

THANK YOU!!!!!

Premium is a monthly membership you pay every month that covers like breast cancer,diabetes, cholesterol is covered by premium.At the first stage of the begging of the year you pay for most of your healthcare until you reach the deductible.A deductible is amount of money you how to pay for your care before the insurance share the cost.now when you get health services you will pay for all them health services until you pay the 500 dollars but once you paid all of that then that's when thing will changes then when you enter the second stage that's now when you get healthcare services your insurance company will share the plane but it depends on the plan you choose.