My DH's insurance is changing and not for the good! We have an awesome affordable plan now. We have the best plan available and pay 135.00 a week. They are changing companies, and there best plan is 315 a week. Which I think is ridiculous! They offer 4 different types of high deductible plans, but I have no idea what they are.
DH and I rarely go to the Dr. I have thyroid issues, and fibromyalgia. I only see Endo 2x a year.
Do you have to pay the deductible before your insurance kicks in? How does it work?
Thanks for the help!
Answer by tropicalmama at 12:29 PM on Oct. 6, 2008
Answer by jespeach at 12:30 PM on Oct. 6, 2008
Answer by Anonymous at 12:38 PM on Oct. 6, 2008
Answer by FootballMom85 at 12:44 PM on Oct. 6, 2008
Answer by mnrock at 12:49 PM on Oct. 6, 2008
We have a High Deductible plan as well through my DH employer. DH employer pays for the premiums on the plan. So $0.00 is taken out of my DH for health care premiums. We also have a HSA (Health Savings Account). We do have money taken out of my DH check to be placed into the HSA. WE control the amount of money that is taken out of DH paycheck. It can be $0 if we want or it can go to a max of yearly deposit of $5,000. Our yearly deductible is $5,000. So that means we have to pay $5,000 out of pocket (including prescriptions) before our insurance will pay. more next post.
Answer by SAHMinIL at 1:00 PM on Oct. 6, 2008
continue However, because we have money going into an HSA we just pay or medical bills with the HSA. Whatever money is in the HSA rolls over for the next year, and every year we can add $5,000 more to it. When DH is 65 whatever money is in the HSA account can be turn into an IRA. (which can be used for retirement). Right now we only use $3,000 of our $5,000 every year. So every year we have $2,000 rolling over and building the amount of money in our HSA account.
Answer by SAHMinIL at 1:01 PM on Oct. 6, 2008
Answer by SAHMinIL at 1:02 PM on Oct. 6, 2008
Answer by sammiesmom2000 at 1:18 PM on Oct. 6, 2008
Answer by figaro8895 at 1:46 PM on Oct. 6, 2008