Posted: Thu Jul 20, 2006 2:03 am Post subject: Health Insurance Companies
I am a female in my late 20s. I am having the hardest time finding a good health insurance plan because they are so high for women. My boyfriend pays $150 for his insurance and for me to get the same plan it is $250 (one that has copays POS plan). I am looking at high deductible health plans right now because that seems to be the only thing I can afford. I was considering blue cross blue saver PPO. I would first have to meet a $2500 deductible then the plan covers 100%. I would still have to pay $150/month. This plan allows me to go the one physical but everything else is out of my pocket until I reach the $2500. Can anyone offer any advice on what type of plan to get? Should I look at other companies? I have no benefits at work so I have to insure myself. As far as I know I am healthy, but haven't been to a doctor in over five years because of no insurance. _________________ Register Now to have your Insurance queries solved.
So far my understanding goes, you don't have to pay any deductible as long as you are within the network of the physicians of the POS. You can opt for a POS if you choose the network providers and no deductible will be charged. In addition, if you are a non-smoker you should ask for discounts.
Yes, for women the insurance cost is a bit higher as compared to males of the same age because of the risk factors associated to the age.
Quote:
I am looking at high deductible health plans right now because that seems to be the only thing I can afford.
Now the question is, would there be any possibility for you to move outside of the network? If your answer is yes, the POS would be the viable option for you.
In contrast, if it is no, I would suggest you to be a member of HMO.
Quote:
I know I am healthy
You must negotiate with your carrier mentioning about your health. In addition, you need to shop around for 4 to 5 insurance companies or ask any near friends about the health insurance.
This is my quote from a company I do a lot of business through.
I input a 28 yr old female, Preferred health non smoker.
500 deductible equals 200.83
1,000 deductible equals 152.67
2,500 deductible equals 116.10
All of these comes with a generous Prescripiton plan. A 25 dollar co pay, Dental and Vision. Plus a 1000 dollar accidental, if you get in a accident you get a 1000 dollars to help with deductible.
HSA,
Same things, a PPO with everything above,
2000 deductible is 113 dollars
3000 deductible is 92.78
5100 deductible is 82.75
I added in everything I could in these samples, you could easily shave 20 or more dollars a month by eliminating all the whistles and bells.
Now understand, this is dependent upon what State you reside in, these quotes are for TN basically. If you life in Maryland or California you could probably double or triple these amounts. If you live in MA just forget it, you're up the creek with no paddle!
But for your boyfriend's more reasonable rates, I would have assumed you lived in MA, NJ, or NY. These states have socialized their health insurance. As a result everbody is paying more.
If you are reasonably healthy, don't incur more than $1000/ year in health services you might want to consider an HSA-qualified plan. HSA's will be common place in about 4-5 years. These high-deductible plans have great coverage above the deductible. They offer the advantage of an investment vehicle with more flexibility than a 401k with the same earning potential.
If you are healthy, I would recommend an HSA qualified plan. Put the money you save on lower premiums into your Health Savings Account on a tax deductible basis. Continue to save until at least you have met your deductible. It is recommended that you continue to save each year purely for the tax and investment advantages. _________________ Register Now to have your Insurance queries solved.
Posted: Mon Oct 30, 2006 7:33 am Post subject: Here are some plans
It would depend on the state that you are living in. Thare are some plans that you can get from Companies life Blue Cross, Blue Shield, HealthNet..... that have no deductible at all. Everything covered right away, but you will be responsible for the percentage of the bill up to your maximum out of pocket. For more info check out this blog beaconsource.blogspot.com
Posted: Mon Oct 30, 2006 7:51 am Post subject: Welcome
Hi thebeacon !
Welcome to the AmPmInsure Community. As per the forum norms we had to edit your post. Please help us by abiding by the forum guidelines.
Regards,
Lakemen _________________
But for your boyfriend's more reasonable rates, I would have assumed you lived in MA, NJ, or NY. These states have socialized their health insurance. As a result everbody is paying more.
If you are reasonably healthy, don't incur more than $1000/ year in health services you might want to consider an HSA-qualified plan. HSA's will be common place in about 4-5 years. These high-deductible plans have great coverage above the deductible. They offer the advantage of an investment vehicle with more flexibility than a 401k with the same earning potential.
If you are healthy, I would recommend an HSA qualified plan. Put the money you save on lower premiums into your Health Savings Account on a tax deductible basis. Continue to save until at least you have met your deductible. It is recommended that you continue to save each year purely for the tax and investment advantages.
Sick or Healthy, the HSA is cheaper! You have to understand the financing of the first dollar or risk transfer, the more risk you assume the cheaper it is, less risk to you the more expensive it is. Here we are dealing basically with first dollar issues, the HSA always works out cheaper! _________________ Register Now to have your Insurance queries solved.
