Join me @ IBOtoolbox for free.
Eric Wilson
Member Since: 2/7/2018
  
performance / stats
Country: United States
Likes Received: 129
Featured Member: 0 times
Associates: 280
Wall Posts: 337
Comments Made: 125
Press Releases: 274
Videos: 47
Phone: (815) 372-1363
Skype:    
profile visitor stats
TODAY: 23
THIS MONTH: 955
TOTAL: 54109
are we ibo associates?
active associates
Whitney Jacqueline      
Last logged on: 2/23/2019


Stephen Adams     
Last logged on: 2/23/2019


Linda Michel White       
Last logged on: 2/23/2019


Val Mbayen    
Last logged on: 2/23/2019


Ryan D Forrester    
Last logged on: 2/23/2019


George Galvin      
Last logged on: 2/23/2019


Phil Schaefer    
Last logged on: 2/23/2019


PHIL SCHAEFER    
Last logged on: 2/23/2019


Herb Ratsch       
Last logged on: 2/23/2019


Kris Karafotas      
Last logged on: 2/23/2019


Ezworksystem Opportunities    
Last logged on: 2/23/2019


Charles Aki    
Last logged on: 2/23/2019


Dee Tee    
Last logged on: 2/23/2019


Athena Gay    
Last logged on: 2/23/2019


Wally Pieper    
Last logged on: 2/23/2019


other ibo platforms
Eric Wilson   My Press Releases

Controling your health insurance premiums

Published on 1/15/2019
For additional information  Click Here

We hear many times, that my rates went up.  Or I cannot afford to have health insurance.  I ask everyone, can you afford not to have health insurance?

Now, what everyone has to remember is for every benefit option in a plan there is cost associated with that benefit.  Whether it be a new Federal Mandate ( such as preventative care in the PPACA).  Or the privilege of having a co-pay when you see a doctor.  Everything has a little price.

What I reccomend to most people first is to take the highest deductible you could afford if something happened to you.  I prefer an HSA qualified product.

On the plan I have for example for Myself and family, I have a $5000 deductible HSA plan.  I will pay the first $5000 for any claim, then I have 100% coverage after that.  On this plan I will have to pay for doctor visits and prescriptions until I pay that $5000.  I also have my HSA funded at $5000 so I can use that money for any qualified medical expense.  I can fund the HSA up to $6100 per year, but believe that funding to the deductible is fine, as I am not trying to make it a retirement account.  The HSA plan leaves me with a lower premium and lower out of pocket maximum that I would have on a more traditional plan.  I do  not mind if I have to pay $100 for a doctor visit.

I kind of try to treat my health insurance the same way as I treat my car and home insurance.  My car insurance does not pay for my oil changes, but I still get one every 3000 miles.  If my oven goes, I cannot claim that either on my homeowners insurance.

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.