I am completing an application for an HSA for DH and myself with American Community. I am working with a local insurance broker (owners' adult son) who recommended AC because, among other things, the plan has a network in FL. We will be able to maintain our current coverage when we move to FL. Agent and his family use AC for their health insurance which is a pretty good recommendation. We have no health issues and don't take any medications. We were quoted $398 per month.
Me 50.5
DH 59.9
- $5,000 deductible and then 100% in the SuperMedPlus network.
- Imbedded family deductible which means benefits are paid after the first $5,000 deductible is attained. I haven't seen an explanation in writing yet but that's the box I checked and what I was quoted. Seems strange.
- Covers accidental injury at 100% for the first 30 days regardless of status of deductible.
- $5 million maximum.
- In network covered after deductible at 100%.
- Out of network covered after deductible at 75%.
- Out of network deductible is 2X in network deductible.
- Drug discount card until deductible met.
Because I'm being laid off, my COBRA premium would be reduced by 65% for 9 months. That would bring the monthly cost down to $390 for 90/10 coverage with $500 deductible. 75%/25% out of network.
Do you agree it makes sense to transition immediately to AC so we don't have to face the possibility of becoming uninsurable while on COBRA? COBRA will not be affordable after the 9 month subsidy period so we would have to purchase individual insurance at that time if I wasn't working at a job with benefits. Coverage at current job will end July 31st.
Me 50.5
DH 59.9
- $5,000 deductible and then 100% in the SuperMedPlus network.
- Imbedded family deductible which means benefits are paid after the first $5,000 deductible is attained. I haven't seen an explanation in writing yet but that's the box I checked and what I was quoted. Seems strange.
- Covers accidental injury at 100% for the first 30 days regardless of status of deductible.
- $5 million maximum.
- In network covered after deductible at 100%.
- Out of network covered after deductible at 75%.
- Out of network deductible is 2X in network deductible.
- Drug discount card until deductible met.
Because I'm being laid off, my COBRA premium would be reduced by 65% for 9 months. That would bring the monthly cost down to $390 for 90/10 coverage with $500 deductible. 75%/25% out of network.
Do you agree it makes sense to transition immediately to AC so we don't have to face the possibility of becoming uninsurable while on COBRA? COBRA will not be affordable after the 9 month subsidy period so we would have to purchase individual insurance at that time if I wasn't working at a job with benefits. Coverage at current job will end July 31st.