Niki Jane said:
[W]hat I gathered from the article, no heath care plan including abortion can be utilized unless you're planning on paying out of pocket for your own health care. Those with a government assisted health care policy cannot choose any plan that includes abortion.
Under the hypothetical scenario I talked about, you'd have the subsidized insurance that pays for everything except abortion and then you'd pay out of pocket for the abortion coverage option.
Palisades, you certainly may be one of the lucky ones among us, but to me and most of the people I know, $500 is A LOT of money. Especially in the current economic climate.
Anyone who makes over $30,000 should have very little difficulty putting $500 into savings. Coming up with $500 could be an issue for the working poor or unemployed, but aren't there organizations that provide abortions for free or much reduced rates to such people? One would think Planned Parenthood would at least provide a payment plan or financing options if they believe that availability of abortion is as vital as they claim and are interested in helping those in need of their services since they've surely already encountered a decent-sized number of people who want/need an abortion but don't have the cash on hand.
(One wrinkle for paying for abortions out of pocket would be the 0.2% of abortions that are partial-birth abortions, which cost something like $1100 to $1700 without insurance coverage. Since the percentage of abortions that are partial-birth abortions is so minutely small, this should have negligible impact on the amount that abortion insurance would cost, but paying for an $1100 to $1700 procedure out of pocket could be a problem for someone of modest financial means.)
As an aside, standard financial advice is to have a ready reserve of $2000 in your savings account and to have an emergency fund sufficient to pay three to six months of living expenses. Personally, I think that given the state of the economy, it would be a good idea to have an emergency fund that's sufficient to pay one to two years of living expenses.
Edited by Palisade, 08 July 2009 - 07:59 PM.