Originally Posted by James Lacey
On edit: Without the enhanced premium tax credits, in a worst-case scenario, I could be out the entire premium cost ($1,600 x 12) plus the out-of-pocket maximum ($10,000), for a total of around $30,000 in a single year. It's better than going bankrupt or having to pay for something like a heart-bypass operation out of pocket, but still. That's a lot of money that ordinary people cannot afford.
On the other hand, if I did have access to Medicare or something similar, I would be looking at mostly only the premium costs for Medicare Part A and B, plus a supplemental plan, so maybe a worst-case scenario would be around $3,600.
When you find yourself in my situation, it becomes abundantly clear that whoever designed this system wants you working till age 65 and getting your healthcare insurance through your employer, since otherwise it's simply not affordable.
Sorry about your wife James. My mom had Alzheimers and lived for 17 years after the diagnosis so I know what you are going through. Hopefully with the right medications you'll still have some quality time together. Aricept helped my mom for the first 12 years or so. Prayers for your wife and to you.