Dad going through an open heart surgery

As the title states, my dad will be needing an open heart surgery that will require at least 7-10 days of in-patient hospitalization + subsequent follow-ups/treatments for at least a month. I have been told his total bill will total around $200k+. We’re currently located in NY.

Thankfully, it is currently enrollment period; his surgery can wait until next year and we’re choosing a insurance plan that will be most financially shrewd for us.

My dad and mom are currently filing tax jointly with income about $66000. (Way over Medicaid limit)

If we were to currently stay in his plan: – deductible: $7200 / year (once again, the hospital bill will go WAY over so i guess irrelevant?) – out of pocket: $14,500 / year – monthly bill: $404, totaling $4848 / year

—> estimated cost for the year: ~$19,348

If we were to choose a “platinum plan: – deductible: $0 (once again, irrelevant) – out of pocket: $4000 – monthly bill: $1047, totaling $12,564

—> estimated cost for the year: ~$16,564

I guess I wanted to use the platform as a sounding board to double check that my logic/math was correct, and to see if you guys had any other advice or suggestions as my family navigates through this situation.

ANY FEEDBACK WILL BE APPRECIATED.

THANK YOU

submitted by /u/hampark
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