I really need help understanding what these insurance options my work gives me are.
I just don’t understand it at all
All I see is $374.85 premium and a $6000 deductible for the lowest plan I think?
Does that mean I pay full price until I hit $6000?
It’s been years since I’ve had insurance due to a couple of different factors, and now I don’t even know what any of this means!
Any assistance would be greatly appreciated!
This is the Insurance information given to me transcribed Verbatim:
Plan Plan 1 Plan 2 Plan 3
IN NETWORK
copay: $15 $15 $15
specialty care: $45 $45 $70
preventative care: 100% 100% 100%
urgent care: $45 $45 $45
xray: Deds & Coins Deds & Coins Deds & Coins
LABS – Diagnostic: Deds & Coins Deds & Coins Deds & Coins
LABS – MRI, CAT, XRAY: Deds & Coins Deds & Coins Deds & Coins
Deductible (S/F): 6000/12000 6000/12000 6000/12000
coinsurance: 100% 80% 70%
max out of pocket: 7150/14300 7150/14300 7150/14300
hospital in-patient: Deds & Coins Deds & Coins Deds & Coins
hospital out-patient: Deds & Coins Deds & Coins Deds & Coins
ER copay: $200 copay $200 copay $200 copay
lifetime maximum: Unlimited Unlimited Unlimited
OUT OF NETWORK
deductible: 2000/4000 10000/20000 10000/20000
coinsurance: 70% 50% 50%
maximum out of pocket: 14300/28600 20000/40000 20000/40000
lifetime maximum: Unlimited Unlimited Unlimited
Tier 1/2/3 (gen/Br/Nf): 10/25/40/30% up to $250 10/25/40/30% up to $250 10/25/40/30% up to $250
RX Deductible: $250/500 $250/500 $250/500
RX Mail Order: 2.5x 2.5x 2.5x
Monthly Rates Plan 1 & 2 include GAP Insurance
Employee Premium: $538.07 $467.50 $374.85
submitted by /u/BroJack-Horsemang
[link] [comments]
I really need help understanding what these insurance options my work gives me are. I just don’t understand it at all All I see is $374.85 premium and a $6000 deductible for the lowest plan I think? Does that mean I pay full price until I hit $6000? It’s been years since I’ve had insurance due to a couple of different factors, and now I don’t even know what any of this means! Any assistance would be greatly appreciated! This is the Insurance information given to me transcribed Verbatim:
Plan Plan 1 Plan 2 Plan 3
IN NETWORK
copay: $15 $15 $15
specialty care: $45 $45 $70
preventative care: 100% 100% 100%
urgent care: $45 $45 $45
xray: Deds & Coins Deds & Coins Deds & Coins
LABS – Diagnostic: Deds & Coins Deds & Coins Deds & Coins
LABS – MRI, CAT, XRAY: Deds & Coins Deds & Coins Deds & Coins
Deductible (S/F): 6000/12000 6000/12000 6000/12000
coinsurance: 100% 80% 70%
max out of pocket: 7150/14300 7150/14300 7150/14300
hospital in-patient: Deds & Coins Deds & Coins Deds & Coins
hospital out-patient: Deds & Coins Deds & Coins Deds & Coins
ER copay: $200 copay $200 copay $200 copay
lifetime maximum: Unlimited Unlimited Unlimited
OUT OF NETWORK
deductible: 2000/4000 10000/20000 10000/20000
coinsurance: 70% 50% 50%
maximum out of pocket: 14300/28600 20000/40000 20000/40000
lifetime maximum: Unlimited Unlimited Unlimited
Tier 1/2/3 (gen/Br/Nf): 10/25/40/30% up to $250 10/25/40/30% up to $250 10/25/40/30% up to $250
RX Deductible: $250/500 $250/500 $250/500
RX Mail Order: 2.5x 2.5x 2.5x
Monthly Rates Plan 1 & 2 include GAP Insurance
Employee Premium: $538.07 $467.50 $374.85
submitted by /u/BroJack-Horsemang [link] [comments]Read Morer/HealthInsurance