Hello again everyone.
EDIT: I should say, the HDHP is SIGNIFICANTLY cheaper. I’m open to getting insurance through the marketplace, but have no idea how that works, or if it would be cheaper at all.
Thanks for the help last time. I’m trying to decide between two plans, but need some advice here. I’m looking at a potential job offer, and the two plans I’m interested in are the ones mentioned in the subject line. Details are as follows:
For the HDHP plan, the ded is 5500k. Plan pays 100% coinsurance afterwards. Out of pocket max is $6,400.
For the what I believe to be PPO plan: deductible is 80%, with a $0 copay for doctors visits. Out of pocket max is $7,150.
I’d be covering myself, my wife, and our two children. What I’m wanting to avoid is paying insane rates out of pocket until insurance kicks in. As an example, with current insurance at current employer, I had to pay several thousand out of pocket before a procedure, before insurance would kick in *at all*. It was like I functionally did not have insurance, until I paid that amount.
I do understand the HDHP may have some higher out of pocket costs, but I want to avoid the situation I described, where I basically don’t have insurance, until the deductible is met.
Can anyone give me some gudiance? I’m happy to go into more detail if needed.
submitted by /u/denmicent
[link] [comments]Hello again everyone. EDIT: I should say, the HDHP is SIGNIFICANTLY cheaper. I’m open to getting insurance through the marketplace, but have no idea how that works, or if it would be cheaper at all. Thanks for the help last time. I’m trying to decide between two plans, but need some advice here. I’m looking at a potential job offer, and the two plans I’m interested in are the ones mentioned in the subject line. Details are as follows: For the HDHP plan, the ded is 5500k. Plan pays 100% coinsurance afterwards. Out of pocket max is $6,400. For the what I believe to be PPO plan: deductible is 80%, with a $0 copay for doctors visits. Out of pocket max is $7,150. I’d be covering myself, my wife, and our two children. What I’m wanting to avoid is paying insane rates out of pocket until insurance kicks in. As an example, with current insurance at current employer, I had to pay several thousand out of pocket before a procedure, before insurance would kick in *at all*. It was like I functionally did not have insurance, until I paid that amount. I do understand the HDHP may have some higher out of pocket costs, but I want to avoid the situation I described, where I basically don’t have insurance, until the deductible is met. Can anyone give me some gudiance? I’m happy to go into more detail if needed. submitted by /u/denmicent [link] [comments]Read Morer/HealthInsurance