Insurance choices can often seem overwhelming, but we are here to guide you through the process easily.
1. First thing to know: Insurance rates are fixed by law, which means you won’t get a better price anywhere else!
2. There are two main types of plans to consider, and each has its own advantages.
“First Dollar” Coverage Plans
- You pay more up front (premium) but enjoy a lower deductible.
- These are PPOs that typically have a co-payment for physician visits.
- May also include a prescription card co-payment.
- All other services (surgery, hospital stays, etc.) will be covered after you meet your deductible.
- Some plans allow you to choose the percent (co-insurance) that you pay after the deductible has been met.
Consumer Driven Coverage Plans (aka High Deductible Health Plans)
- You pay less up front (premium) but have a higher deductible.
- Deductibles can be as low as $1,500 per person and offer 100% co-insurance after you meet the deductible.
- Access to Health Savings Account (HSA) to pay for medical expenses. Money left in your HSA at the end of the year always rolls over to next year (as opposed to “use it or lose it.”)
We’re here to help you decide which type of plan is right for you.
