Judith Said:

high deductible health Insurance?

We Answered:

It means you pay more than ever for services.

Maria Said:

What if I have emergency and cannot pay my high health insurance deductible?

We Answered:

You need to save the difference between a low deductible plan every month, and the high deductible plan, so that you DO have that money if you have a major emergency.

Yes, if you don't have long enough to save the difference, you can most likely work out a payment plan with the hospital. It's not dependent on your credit - they'd rather have you pay $250 a month for however long, than have to turn you over to collections.

Franklin Said:

Health insurance .... High deductible, low premium or low deductible high premium...?

We Answered:

High deductible low premium. If you are fairly healthy and don't visit hospitals often, this will save you money in the long run, as you get older, you may want to switch that if your health starts to decline.

Cecil Said:

What are the Pros and Cons of having a high deductible health insurance plan?

We Answered:

Yes, higher deductibles mean more money out of your pocket. At 60, you are a risk, and probably have already had opportunities of being uninsured. Typical ailments include HTN (hypertention), diabetes, and/or respiratory issues. Lower deductible plans will benefit for immediate out of pocket expenses, but are generally too expensive to even consider on a monthly basis. Basically, you need to look at the deductible and determine you can pay it AND include in that the premium costs. These type of plans will only really see use in a catastrophic situation. If you are admitted the the hospital you deductible will be removed from the portion the insurance company pays the hospital. The hospital will then usually set up a payment plan for you to cover your deductible. If you go to the doctor or need medications you will be forced to pay for that each and every year to meet the dedcutible. Rarely are your out of pocket maximums met in general routine care.

Hope that clears things up.

Brent Said:

health insurance plan with high deductible and health savings plan?

We Answered:

The above answerer is right to consider that the types of plans usually associated with health savings accounts (HSAs) will not cover a lot of things that can happen to kids. She’s also right that, unlike older flexible spending accounts, HSAs, you keep the money you don’t use; it just rolls over to the next year. I’ve included some links below to articles that might provide useful information about the health insurance shopping process. You should probably try talking with several local area health insurance agents. You might want to use MostChoice.com to do this because you’ll be able to compare rates from many different local health insurance carriers and speak to local area health insurance agents without cost, obligation, or compromising the privacy of your personal information.

You can find it here: http://www.mostchoice.com/health-insuran…

Hope this helps,
Barnes@MostChoice

Karen Said:

Can I use my HSA account to pay my monthly premium for my high deductible health insurance plan?

We Answered:

healthplans.my-age.net - here is my health insurance plan. As I remember they can provide such a service.