COVID and an Insurance NOMINATION question

Aw...we saw that period too...though it has passed. We hope we won't see a third wave.

@vandana7 I think the safest way is to stay home if we can.

@marguicha True.

Aw..that is huge.. I thought Medicare covers you all completely.

@JamesHxstatic Europe is managing without going bankrupt, why can't the rest of the world adopt it.

@vandana7 I wonder too.

Exactly my situation. That is the reason my maid got an extra off. 2 months plus! Cannot take any risk.

@RebeccasFarm But folks don't understand when you tell them we are in complete isolation. Why would anybody who has lot to lose, since we cannot change the nominee of our insurances at the drop of hat, help us out by taking us to hospital? We have policies but they are at home. We don't know who will help us, so we cannot put the nominee's name upfront. We also cannot hand over the insurance documents to them for the same reason. If they are not around...we will be in bigger soup. And this is the kinda ailment, we would be suffering a lot ..so we won't be able to tell whoever is helping, I have placed insurance documents there. This is how much I am covered for, and that is the card. So yeah..it has to be collection of reimbursement and if we don't survive...the poor good samaritan who chooses to help us would be in financial soup for quite a few years.

@vandana7 I get it..not a good situation to be in xo

I wish we would get your type of health insurance. Here we have insurance companies, and we have to buy the covers.

@LadyDuck How I wish our insurance regulatory authority would standardize the pattern...then it would be so great...we would know which clause to look at for differentiating the coverage.

@vandana7 We have several companies, but they must be approved by the Federal Government and they must give the same healthcare coverage. There is not a big difference from one to another, we subscribed to the one our Swiss friend suggested and we are very happy.

Hmm.. I am surprised you all have to buy more coverage than medicare.

@wolfgirl569 And I thought you all were so advanced.

@vandana7 Medicare is only after a certain age. Used to be 65 but they have been slowly raising that. Everyone else has to buy insurance if they want covered at all. Plus medicare doesnt cover a whole lot anymore. So even most retirees carry an extra insurance with it. America is very behind on medical coverage compared to many other countries

That is huge bill for just two days. I am not so concerned about coverage extent. I am covered for about 100000 dollars. But who will get it, should we die.

@vandana7 Your health insurance is like a life insurance policy? Someone gets the proceeds if you should die?

@LindaOHio It can be used as cashless, or reimbursement. Kinda people are allowed to pay upfront, and then present the bills within a limited time frame of course, for claiming. The advantage with this one is, hospital does not get to charge you more by keeping you around till your bills are paid.

Health insurance. In case of emergency, they require us to intimate the insurance company within 1 day of hospitalization. Now, whoever is helping us, would not know where which documents are placed. We would be in bad shape with our breathing issues to help out.. So it has to be reimbursement method. This means that person helping will have to put something down from his or her pocket till we can get it back from insurance company and pay it to him / her. If we kick the bucket, what happens?

Scary isn't it? If both get infected..

@vandana7 yup