Adulting Decrypted
We prepare young adults to be independent powerhouses for life.--Who We Are: The Adulting Decrypted team is composed of a Dad and his three sons: Roscoe(Dad - age redacted), Ashton(22), Gene(18), and Gideon(14). How We Started: As a family we have always tried to have at least one meal together daily. The meal that typically ends up being is dinner. One night in particular near the beginning of the COVID pandemic, our conversation started with Roscoe mentioning that he had recently read a news article stating that an Ivy League college was offering “Adulting,” classes. These classes were being offered in the hopes that they might be able to educate students who were struggling with common “Adult” tasks. It didn't make sense to us that someone would have to enroll in an Ivy League school to learn things that nearly every person has to deal with daily. To us it seemed that things like shopping, laundry, mental health, communication, taxes, loans, and so much more should be basic knowledge before taking on the substantial challenges of modern life. Eventually the idea was floated that there should be a podcast that can be accessed for free that would help people gain insight into these things that we thought we knew fairly well. Since COVID-19 had caused unemployment and school schedule changes for all of us we thought that there could be no better thing than for us to take on this challenge. Less than a month later, after several planning meetings and countless hours of research, we had recorded and uploaded our first episode.
Adulting Decrypted
S-6 E-8 What is Health Insurance and What Types are there?
So today we're gonna cover some financial side of a as well as a mental health, social help and it's kind of interesting because as we're recording Ashton is feeling a little under the weather.
That's correct. Not that you'd probably go to the doctor for this normally anyways. It's a cold but it's something to be, something to think of and we might wonder why is health insurance a financial conversation? Any thoughts on that before we go too far? Because you gotta pay for it. Yeah. Hospital's expensive.
There you go, it's expensive right so it's a financial just like our car insurance that we talked about before Car insurance is very much a financial conversation. You say, oh, what's my deductible? What's this and that? Well, a lot of people get nervous around car insurance. They also get nervous around health insurance So we we need to ask the right questions and sometimes we don't know all the answers I overheard Ashton ask the lady the other day a very great question when he was talking to her and said, okay Pretend like I don't know anything pretty much.
Do you know do you remember exactly how you worded that question? Well, I basically because for those who
don't know The marketplace for health insurance is basically a place where you go, put in all your information, and then from what I understand, they try and pair you up with insurance that is best for your financial bracket, essentially.
And they... If you don't make enough money, you get put up for Medicaid or chip.
And so
those words, marketplace, Medicaid, chip, all that. I had no idea what they were. I just knew I was being told by my parents that I had to get it figured out. And so when I called the lady I said, okay, well, I'm here at the step where it says I have to, I'm waiting to see if I qualify for Medicaid or whatever, can you just explain to me what I'm looking at?
I don't need like all the details. But I just need to understand, what we're talking about here. At that point it was just words that didn't have any definitions.
Love it.
Basically I was just asking for definitions
at that point. Perfect. So Ashton touched on a little bit of what we're going to talk about today.
We're going to talk about employer sponsored healthcare, health insurance, i. e. the marketplace, which Ashton talked about, healthcare. gov. Then it will kick over to a little bit about state based marketplaces Medicaid and what Medicaid is versus what Medicare is, what COBRA is, and then obviously private health insurance, which are all options.
So the reason why this is so timely and relevant is because Ashton and I just spent some time doing that, both of us just at different levels. I found out that my insurance was going to come end. In the middle of the month, I thought it would go to the end of the month, but so I had to figure out real quick where, where I was going to get health insurance and how that was going to work out.
So we've all been kind of scrambling a little bit. The reason why it's a financial decision is because to twofold getting you hit on it first hospitals are expensive, doctor bills can add up. Yes. The other one is what they call deductibles, and that's how much the insurance companies are willing to pay or that you have to pay before they're willing to take over.
So there's a lot of things to consider. Some things aren't covered by deductible, like if actually, if you've got this cold and you go and buy yourself some over the counter antibiotics, will that they're not antibiotics, over the counter just cold meds, cold meds, will that count towards a deductible?
And then I realized I filled some things out wrong on the form, which made it extra convoluted. So I went and did it again. And then that's when I called this other lady and said, hey, look, so I'm being told that I need to get this denied. Can you just explain to me what's going on? And that's when she explained the difference between Medicaid and Marketplace and then also explained after we figured that all out then we've discovered that being denied Medicaid qualifies as a, as a qualifying event, qualifying event. And so then there's no, I mean, it's still a
Dad:timely pressing matter, but you have, but you have 60 days now, not, not that your insurance was going to expire tomorrow. I thought I had, yeah, our insurance was going to expire. Within an hour, but within three days of us getting done because of the way I got laid off and everything was going fast. As you guys know I lost my job recently, which also means that health insurance might, might be my didn't might, but it went away. Anybody else find themselves in this situation without health insurance? Yeah. I'm trying to figure that health insurance came out. That would be me. That would be you. Ashton found himself in the same situation that I was in, apparently once you qualify for Marketplace, anybody over 24... It sounded like is that the information you got
Ashton:I I was operating off of you and mom telling me I had to figure it out.
Dad:Well, so ashton got to figure it out. So today we're gonna cover some financial side of a as well as a mental health, social help and it's kind of interesting because as we're recording Ashton is feeling a little under the weather. That's correct. Not that you'd probably go to the doctor for this normally anyways. It's a cold but it's something to be, something to think of and we might wonder why is health insurance a financial conversation? Any thoughts on that before we go too far? Because you gotta pay for it. Yeah. Hospital's expensive. There you go, it's expensive right so it's a financial just like our car insurance that we talked about before Car insurance is very much a financial conversation. You say, oh, what's my deductible? What's this and that? Well, a lot of people get nervous around car insurance. They also get nervous around health insurance So we we need to ask the right questions and sometimes we don't know all the answers I overheard Ashton ask the lady the other day a very great question when he was talking to her and said, okay Pretend like I don't know anything pretty much. Do you know do you remember exactly how you worded that question? Well, I basically because for those who
Ashton:don't know The marketplace for health insurance is basically a place where you go, put in all your information, and then from what I understand, they try and pair you up with insurance that is best for your financial bracket, essentially. And they... If you don't make enough money, you get put up for Medicaid or chip.
Dad:And so
Ashton:those words, marketplace, Medicaid, chip, all that. I had no idea what they were. I just knew I was being told by my parents that I had to get it figured out. And so when I called the lady I said, okay, well, I'm here at the step where it says I have to, I'm waiting to see if I qualify for Medicaid or whatever, can you just explain to me what I'm looking at? I don't need like all the details. But I just need to understand, what we're talking about here. At that point it was just words that didn't have any definitions.
Dad:Love it.
Ashton:Basically I was just asking for definitions
Dad:at that point. Perfect. So Ashton touched on a little bit of what we're going to talk about today. We're going to talk about employer sponsored healthcare, health insurance, i. e. the marketplace, which Ashton talked about, healthcare. gov. Then it will kick over to a little bit about state based marketplaces Medicaid and what Medicaid is versus what Medicare is, what COBRA is, and then obviously private health insurance, which are all options. So the reason why this is so timely and relevant is because Ashton and I just spent some time doing that, both of us just at different levels. I found out that my insurance was going to come end. In the middle of the month, I thought it would go to the end of the month, but so I had to figure out real quick where, where I was going to get health insurance and how that was going to work out. So we've all been kind of scrambling a little bit. The reason why it's a financial decision is because to twofold getting you hit on it first hospitals are expensive, doctor bills can add up. Yes. The other one is what they call deductibles, and that's how much the insurance companies are willing to pay or that you have to pay before they're willing to take over. So there's a lot of things to consider. Some things aren't covered by deductible, like if actually, if you've got this cold and you go and buy yourself some over the counter antibiotics, will that they're not antibiotics, over the counter just cold meds, cold meds, will that count towards a deductible? No. Nope. And, and we wouldn't expect it to. write it off as a business expense. Well, that, that you can try. We, that's, that's the taxation episode that, that we have done, so we probably won't get too much into that. But you're right, that wouldn't count towards a deductible. And other medicines don't count towards deductible, as well as other surgeries. Just as a, and so you need to read some of those policies and find print. And so that's why it's a financial conversation. So the first thing that, let's say that you're, you go get your first job. You're out of school. Go ahead. I just didn't woo. Yep. You get your first job. You show up there. They said, do you want health insurance or not? We get in. You were looking at your old Walmart paperwork the other day or mom had it. Do you remember saying that? Well, they have the app. So I could see like every time where all that money. Like, as you know, you get your paycheck and you're like, why is there a hundred dollars missing? And you get to see where it all goes. And I'm like, I'm pretty sure I have health care. Right, so you had to go back in and cancel yours because they automatically enrolled you? Yeah, Walmart
Ashton:does that. They did it to me too, and mom got mad at me because it wasn't until after I quit Walmart She was like, how come you've been paying for health care? I was like, I just,
Dad:I don't know. I think they just do it automatically. Right, so Walmart almost has an opt out of medical health care, right? Because they're so big. I'll bet you Amazon does too.
And
Dad:that's what you call an employee sponsored health insurance. So many employees offer health insurance benefits to their employees. This is probably the cheapest way to get health insurance for the employee. Sometimes what happens though is when they offer it, it's, it's more expensive as you add other people onto your plan. And for example, Employee might be free, right, or might be a hundred bucks a month that you pay and the employer's paying the 500 and they're paying 100, they're charging you a hundred dollars of that. So they're covering 400 of this medical bill. Well, once you add family to that, then that, that price of that plan goes up to where it's 1, 500, 2, 000. They might say, Hey, well, the more kids you, an employee, a spouse is one rate and employee spouse and. Three kids are, are this much, an employee spouse, eight kids are this much, they'll have brackets. So sometimes the employee and kids are covered because there's a divorce or the spouse has health insurance. So when somebody says, hey, I'm gonna go take this full time job, and you're all, they're all excited, they go, yeah, we offer health benefits. It's worth asking in the interview, especially with your first real time job. Well, what does your benefits cover? How much is my health insurance gonna be? Who is the health insurance provider? Isn't it high deductible? You can ask these questions of HR after you've been offered the job. It's very appropriate to go back and say, I'm trying to consider if I'm going to come to work for you. What are your benefits? Yeah.
Ashton:I don't know if now's the time for this question. But I remember one question that I had when we were talking about it was, if your employer is offering you health insurance how does that situation differ from going out and finding your own? Health insurance, other than the fact that it's employer supplied, how does, how does your money, how is your insurance getting paid for?
Dad:So, so the employer's paying for part of your insurance, right? So that's how that, let's say that you go take a job at a Walmart. We'll use that as an example. We said it was 500 total for health insurance and you only had to pay a hundred dollars of it. You're basically getting 400 of free Walmart money. Right. The, you don't show his income anywhere. So that's one way you're getting a pay raise, because they're paying some of your health insurance. Now if you went out and bought that same 500 policy, you're paying for all 500. So that's, that's where that, that financial race comes from. But now let's say that you go to that same scenario, that 100 that you paid is not taxed. So it's saying, Hey, you're paying for health insurance. So it's, pre taxed money. So that's another way that that's helping you because you never really see it, right? Right, right. But on your paycheck, you'll see that it dropped a hundred bucks, which is weird that they'd offer that to a kid that lives at home. That to me is super weird. It wasn't that much, but no, but it was frustrating because you're paying for something you're not going to use or
Ashton:need because he was already under health insurance. Yeah, correct. It was the same situation I ended up in, but didn't realize until a year and a half
Dad:later. Yeah. They took out like a whole bunch for a whole bunch of random stuff. I'm like, wait, this is weird. Yeah. And so you gotta be careful that you know where it's going to. If that answer your question financially, but then what happens is, let's say you get sick then and you've, you've paid this 100, you're still going to have a deductible. You're either going to have a deductible or a copay. Copay means when I go to the hospital, how much do I spend? And that's almost an episode of itself of how to use insurance. So we'll just kind of leave it at that broader, bigger deductibles and co pays and, and some stuff that will still be excluded from payment.
Ashton:Deductible is a word that gets thrown around a lot and I know we've talked about it before, but the deductible is the amount you have to pay before the insurance pays anything,
Dad:right? Correct. Just like in an automobile episode like three of season one where we talked about a deductible is how much you have to come up with before you get paid. Yes. Yep. Or they pay in that scenario. Great question. So then let's say that your health, your employer doesn't do that. There's what's called in the health insurance marketplace, healthcare. gov, the affordable care act. You know, we've called it all these different things. The federal government operated a health insurance marketplace where you can shop for and purchase health insurance. The thing about this is that's all based off of subsidies given to either the health insurance company or to you directly. And so it's a one stop shop. How does that work? Ashton, the reason why we put a lot of pressure on you to go get health insurance was why? Well, my employee, my employer sponsored health insurance stopped. That's what's called a qualifying event. What else qualified? Having a baby? Getting married or divorced those are qualifying events. That allows you to sign up during a non enrollment period. Just like getting a job. Employee sponsored healthcare is, you have to have an open enrollment. So something has to happen that allows this to open up. So you get hired. You have a life changing event those count as chance to go through an enrollment period.
Do
Dad:you mind?
Ashton:Explaining subsidies real quick. I googled
Dad:it, but it didn't help me. Yeah, so a subsidy is something that's paid on your behalf Towards a government program. So what they did is in the marketplace You'll see the rate of that insurance being 500 still using that same example the federal government Taxes other other individuals and puts that money towards our health care and says, okay, Ashton, you don't make enough money I'm gonna subsidize and cover five four hundred dollars of that or they might subsidize and cover all five hundred dollars of that because you Don't make enough money and other guys that make Good money will get zero subsidies Meaning that the government will help cover that gap a subsidized a program means that it's gonna cover The gap so that it tries to level the playing field. So did you see the air quotes get in? You might need to throw that out there for the listener. Yeah, the air quotes air quote Equalize it based on income I was going to ask, because I was
Ashton:like, what, the government's still a business in the long run. And so how does,
Dad:how does, well, they're not a business because they don't care
about
Dad:overspending. So, but
Ashton:how does subsidies from their point of
Dad:view make sense? Well, once again, it, it, it doesn't have to make fiscal sense, which is hard when we're having these kinds of conversations. But from a social aspect, they, they believe that it helps everybody get. Equal access to health care where this is. Yeah, I can go down the flawed side of that Which is there's so many things going on that changes that subsidy because our tax laws are so weird That it really doesn't always help people for example. You you don't make a lot of money right now I don't know if the listener knows what you're doing.
Ashton:Right now. I'm just doing a lot of teaching
Dad:yeah, and pursuing your dream of your career of being A composer and you're going through the process of developing your workload, your book, you know, getting that book of business set up. Well, in that process, it takes you time, right? It takes you a while to get there. And so what's happening is you're not making a lot of money, so they might subsidize your health insurance. Let's say they say, Ashton, you qualify for 500. You're like, Ooh, awesome. Out of that 500, your plan that you qualify for has a 10, 000 deductible. Right. Could you come up with 10, 000 and pay for your medical bill? No. No, you're still back to scratch zero. Yeah. So did it really help you? No. What it did is, and this is a political rant, so, so pause this if you want to, or fast forward 30 seconds. But the way they put it in place is really hurts those people who are right at that poverty level. And that are still trying to figure it out and start out because you're accountable for that 10, 000 and there's no way to bankrupt out of it before you could bankrupt out of it, or you could easily qualify for Medicaid and Medicare as well as charity back in the 70s, charitable organizations were ran hospitals. That's why you have St. Mark's St. Luke's. Everything was ran by a church, a Catholic LDS hospital. They're ran by churches and organizations. If you had money. They charged you. If you didn't, they covered it. That was in 1970. My dad paid for my first sister with wood that he chopped down. That's how he paid the doctor. It's pretty cool. So, so
Ashton:with, with subsidies, then the only thing that really helping is a month to month payment.
Dad:Well, yes,
Ashton:correct health insurance, correct. And then on the tail end of that, it's like, well, since we're doing this, you, you will have extra money to pay for this
Dad:deductible in theory. Yeah. Whatever they believe that extra money is going to come from for you as an individual. That's I don't know the thinking behind that, but I know that it was a social program and the goal was to help everybody have access to healthcare. Not realizing that I bought health care well before there was a healthcare. gov, before there was a marketplace. Your mom and I, when we first got married, we went out and bought health care and people looked at us like we were insane. They're like, well, if your employer doesn't give it to you, you don't have to buy it because if you don't have any money, there's no money for them to take. And now if you don't have health care, you're really hurting your future, not just your present. Because that debt follows you forever now, before you could write it off. Now, now the dumb part is if you go and can get somebody to forgive part of that 10, 000, it's like a student loan. If you could get it forgiven, now the federal government is going to say, Hey Ashton, you earned 10, 000 last year. You're like, no, I still sit. What are you talking about? How do I have to pay taxes on that? Right. So so enough about that's the marketplace. So you have to have a qualifying event. If you go in during normal, if not open enrollment is like November. First to December or to January 1st, and that's where everybody can go and enroll. You can switch your plans. If you made more money, you can go tell them how much you made qualify for a different plan. So that's the open enrollment period. And that's pretty much true for all of these marketplaces. It's not like your car insurance. When can you renew your car insurance? I don't know. Anytime you want to. When can you shop for rates? Anytime you want to. Every week if you want to. Your insurance agent might dump you, but you could do that. They're like, please stop for the love. They'll stop returning your calls. That's fair. That's not very nice. Yeah, that's fair. The other one is state based marketplaces. This is, this is, some states have it this is, this is where the state's going to fund a lot of that. They're going to help offset some of the federal doings. Utah doesn't have them, so I can't speak much to it. The next one is Medicaid. Medicaid is a state ran program that provides health coverage to low income individuals and families. And that eligibility varies by state. Do you know how much that income is by state for an individual in Utah, Ashton? Not by state. No, I'm sorry, but in our state of Utah.
Ashton:In Utah, for an individual to qualify for Medicaid, they must make less than 14, 580.
Dad:Of taxable income, right? So that's, that's what Ashton figured out. That's when he asked that lady. Very poignant. Well, yeah, some, some,
Ashton:some backstory to that though, too, is because you and mom were very adamant that I get insurance. And so I was like, okay, I got to figure this out. And when I got that Medicaid letter, mom was like, well, just call it and get them to deny it because you're going to be without insurance if it takes them too long to find this and something that dad, you, you mentioned a little earlier, but it's like, there's qualifying life events you can only get, you can only use a marketplace during specific times or from a qualifying life event. So that was the hurry behind
Dad:it, right? Because we, because we knew we weren't going to get Cobra because we couldn't, we didn't, we, it was like 2 grand a month. We're like, look, we need to get somewhere to get health insurance. We thought we could put you on our health insurance and all of a sudden they're like, no, no. Not only I make too much money, so I've been denied for Medicaid, but now Ashton doesn't have health insurance. So we're like, Ashton, you really got to get this done, right? So we thought we had to have July 15th that we had to have it done. And so we're putting all this pressure on you like crazy. So it was justified. But the thing is, I
Ashton:had no idea what I was, what I was looking at. And so when I got that Medicaid letter, mom's like, well, just call them up, get it denied so you can go find an actual insurance. And I was like, okay, call them up. They're like, well, we can't just deny it because you qualified for, or you potentially qualified for a reason. And then I realized I filled some things out wrong on the form, which made it extra convoluted. So I went and did it again. And then that's when I called this other lady and said, hey, look, so I'm being told that I need to get this denied. Can you just explain to me what's going on? And that's when she explained the difference between Medicaid and Marketplace and then also explained after we figured that all out then we've discovered that being denied Medicaid qualifies as a, as a qualifying event, qualifying event. And so then there's no, I mean, it's still a
Dad:timely pressing matter, but you have, but you have 60 days now, not, not that your insurance was going to expire tomorrow. I thought I had, yeah, our insurance was going to expire. Within an hour, but within three days of us getting done because of the way I got laid off and everything was going fast. And, you know, so, so we're really nervous about that. And then, and you, and the healthcare. gov didn't explain to us and tell me that I had another 20 days to qualify for health insurance. Instead, she's like, well, if you don't qualify by Jan. By July 1st, yes, you can't, don't have health insurance and you won't be able to re enroll until, till December, and, and it starts January 1st, and it's because she, I wasn't asking the right questions, probably, or she didn't have the right information, and so, when you call and ask the right question, See, and this is one thing that's why go back and listen to our how to talk to people Episode is so critical and how to make phone calls and why that's so critical because Ashton was able to have those deeper conversations Well, the other thing too is that
Ashton:I had to do when I was making that phone call And this is more in the how to talk to people sphere but it was like I was stressed and bothered but I couldn't let them hear that because then like It's the, this, if anyone's ever been in customer service, if someone, someone comes at you in an angry tone, you have no desire to help them.
Dad:It doesn't matter. My means gene come at me as a
Ashton:callback. Like Gideon, you worked in Walmart, the, the pickup. Yeah. And there's a lot of ornery people in that line. At least it was for me. I don't know if that was your experience. But anytime someone was angry with me, I was like, forget it. So with her, I was like, okay, I know I got to keep it, you know, very professional. And that was kind of where that tone came from for me was, was like, look, this is important information. But if I, if I talk too fast, I'm going to get wound up. So I'm just going to like slow myself down and try and make sure I'm asking
Dad:the right question. Yeah, it's, I think that's a great side note. Listener, when you're heated. And you let somebody come across that you're heated, then, then they're going to get heated.'cause now it becomes personal, right? Where you kept it very business and very professional. She kept it very professional. If you would've said, you're an idiot, she's automatically gonna go like, okay son, why are you bugging me? I got tons of other stuff to do. It's not, not my problem. Well that's, it's really not my, it really isn't their problem. No. And and it's,
Ashton:and that's when it's hard with stuff like this is, yeah. Like it's super personal to you, but it's a job for them. And so like, You don't want to make it personal for them
Dad:yeah, so we went down that so really that's a long way to get there's his talking to Medicaid and the Utah division So that's why he gets convoluted because we had that we have Employee or if you have a job, you have the marketplace, which is ran by the federal government. And then Ashton's dealing with Medicaid, which is our state ran program in Utah. What happens if you're over 65? Do you know what you qualify for and they want you to look at? Our listener probably doesn't care. So we're going to take 30 seconds. It's not social security, is it?
I
Dad:don't know. There's medic, Medicaid, Medicare is if you're over 65. So listeners, if you need that, that's probably a different episode for you. Go maybe look up retirement episodes or something, but there's also certain disabilities that will qualify you for Medicare So if you have a child if you have a sibling one of the Ladies and one of our listeners on reddit we're having a conversation and they were dealing with they have a disabled brother That their mom left and she's like hey I don't know how to get health insurance and and that's where you could lean on Medicare
Ashton:I know we didn't want to dive into it too much, but what's, what's like overarching, what's the main difference
Dad:between those two? Medicaid is a short term, still Medicaid is still thinking Ashton, you're going to. You need it for a short time, but you're going to get back on your feet and you're going to start making money again. Whereas Medicare is more permanent. Medicare, yeah, is more like, hey, you're going to have this disability for the rest of your life. And we're going to offer you some additional benefits and to help you get there. And you're on, you're not going to go out and make more money. And that, and that's really why it's like 65 plus is because they're saying like, you need this now because you're at that age. Or you're at that, so the other word that we threw around earlier, which is called COBRA. Cobra is if you lose your job. I thought that was the G. I. Joe thing. Yeah, Cobra Kai. Cobra Kai is different. Cobra Kai is different. Karate Kid. Yeah, yeah, yeah. This is what companies are mandatory to offer this benefit. If they had an employee or sponsored benefit and you were buying it, then they offer you Cobra and Cobra allows you to buy the same plan that you're currently on just at the rack rate. So like Walmart, that 500 example that we used, they would say, Ashton, you're no longer an employee. It's going to cost you 500 and they can upcharge it by, I think it's 15 or 20%. So it's like, here's your, here's your bill. It's 550 or 560 is administrative charge. That they can charge you for keeping that and then you're able to keep that for like 18 months. So, so it's for a limited time to really say, okay, Ashton, this would be like you're an executive somewhere. You're making lots of money and, and you know, you're going to lose this, but you're going to go make that money again. You don't want to risk a big financial setback because really a lot of this health insurance is just like for other stuff. If you had a million dollar claim, how do you cover that? You never make that up. Right. It's, it's like 10, 000 to 10, 000 to you might as well be a million dollars. You're like, how am I ever going to get there? Well, I'm going to, I can look at you and say, Ashton, you'll be able to make 10, 000 in the next two or three years. You'll, you'll be making plenty of money every year, but, but right now you're like, how do I get there? And that's like that for most people with a million dollars. The last thing, the last one is private health insurance. Dustin Dennison, we're going to invite him in Ty Roberts, those guys sell that. And what that is, is that's the outside companies that, that is those who have access to these are normally bought by people that make enough money and they don't want to have to deal with the marketplace and reporting all their money to the government. These are more traditionally, they're, they're not more expensive plans, but you're just covering the whole cost of the plan. And so there are people that sell
private.
Dad:There's no government subsidies. Correct. But you're also not, not penalized if you use them and that's just, that's what mom and I originally, that was our only option is we went out and bought private health insurance because we're 23 and 20 respectively and we're like, we need health insurance just in case. And it was costing us like 20 a month. You know, it was more like automobile insurance. It was reasonable then and it wasn't until the Affordable Care Act that, I had private insurance when you guys were growing up. I don't know. Thank you guys. Knew that. But I always had private insurance because it was easier for me to go buy it and it was back when it cost me 350 for the same plans that are now costing 1, 800 and if the listener wants to debate that or if anybody wants to get into the political side of it I'm happy to debate health insurance, but because because we do so many things wrong and it's not a It's not a Democrat Republican. It's not a left or right. We just don't do health care. Well, so in closing, you know, insurance is important. And when choosing health insurance, consider such factors as premium cost. What kind of medical issues do I have copays and and then whether you prefer the marketplace or you want to go buy your own. I strongly encourage the listener to get health insurance and Ashton. We look forward to hearing how yours turns out.