Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
Anybody have Anthem BC/BS and get a letter entailing a "Deductible Credit Program". You are automatically enrolled IF you have a $2500 ($3000 or higher for Lumenous plan) or higher deductible and is targeted at healthy people who rarely meet deductible and people who pay a higher deductible. They notified me that if you stay under your deductible for the year, they will credit an account they have set up for me for 20% of my deductible. I have a $5500 deductible. So if I stay under my deductible I will get credited $1100 into a special account and will accumulate until you max out at 50% of your deductible ($2750). Once you hit a year where you use at least 80% of your deductible, they will cut you a check for you to use as you please and the process starts over. Here are my questions.
1. I only pay $76 a month, they raised it $4 today in the letter , since I never use the plan, I am going to pay them $912 a year, and they are going to put $1100 in a special medical account. That doesn't sound too profitable for them to me.
2. Why would they implement such a program?
3. They used 2015 and 2016 as examples for this use, so does mean there will be higher deductibles available after Obamacare kicks in? It seems counter intuitive to me that they are incentivizing people to take higher deductibles while the health care act I thought was discouraging them. Any thoughts from anyone? This seems to benefit me a lot, as not only will I possibly snag the special account money for a claim, I get a nice tax deduction from my HSA, also. But, I am wondering why this is being rolled out at this time.
1. I only pay $76 a month, they raised it $4 today in the letter , since I never use the plan, I am going to pay them $912 a year, and they are going to put $1100 in a special medical account. That doesn't sound too profitable for them to me.
2. Why would they implement such a program?
3. They used 2015 and 2016 as examples for this use, so does mean there will be higher deductibles available after Obamacare kicks in? It seems counter intuitive to me that they are incentivizing people to take higher deductibles while the health care act I thought was discouraging them. Any thoughts from anyone? This seems to benefit me a lot, as not only will I possibly snag the special account money for a claim, I get a nice tax deduction from my HSA, also. But, I am wondering why this is being rolled out at this time.