Quote:
Originally Posted by tripods68
Wow! I'm still amazed how many people spend on medical cost just to have a baby. But Because we belong to HMO plan employer covered plan, we paid ZERO cost when we had our first child 4 years ago. When we had our daughter 2 years ago, our cost was $250.00 hospitalization. That's it. But all our medical insurance coverages is through my wife employer and I get monthly stipend on top of my base salary; for not electing my employer's health covered plan. Our monthly health care cost is $210 for family of four. The rest is paid by her employer.
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Something similar in our case. Wife will pay a $300 fee, and each kid is also $300 for each kid being admitted (and since DS2 was admitted to 2 hospitals, his fee will be $600).
There is a chance the lab testing and a few similar things will not be covered under the admittance, so the out of pocket max for in network is something along lines of $1000 per individual (per admittance).
If we used my HSA it would have looked like this:
I pay ~$30/check for HSA ($408 per year). The bill is actually $2400/year, company pays almost $2k for me).
I have a $1500 deductable per person. So first $1500 of hospital stay is paid by my wife. Then once kids are born, each addmittance for them is $1500 (so $4500 in our case for 2 kids/ 3 admittances). After the $1500 we pay 20%, incurance pays 80% until we hit out of pocket max of $5200 per year I believe- at that time the insurance pays 100%.