Are new Health Insurance Cos. following the Car Insurance Model?!
Question: I noticed that my new insurance..has high deductibles that need to be met and then significant out of pocket expenses..and not all prescriptions are covered.
Answers: I noticed that my new insurance..has high deductibles that need to be met and then significant out of pocket expenses..and not all prescriptions are covered.
Health Insurance has a variety of deductibles. Yes the deductibles are going up to keep premium costs low.
just for fun get an insurance quote and notice the difference in price between the $500, $1000, $1500, $2000, and $5000 deductible plans.
What you'll find is that a $500 deductible plan costs at least 3 times as much as a $2000 deductible plan.
check out my quote engine to see for yourself.
www.covermi.com/quoteform.html
Craig