Why it rarely makes sense to purchase Gold or Platinum healthcare coverage
Share to linkedin
From there, Gold and Platinum plans cover the most and have the lowest deductibles, yet they charge the highest monthly premiums.Does It Make Sense to Pay for Gold or Platinum Coverage? That’s because, for the most part, Gold and Platinum plans ask you to “prepay” your deductible and annual out-of-pocket maximum for the year in the form of higher premiums. So you may pay less out-of-pocket if you get sick, but your monthly premiums will be higher — and sometimes considerably higher — all along the way.Using the search engine at Healthcare.gov, a 40-year old single man in Indiana who earns too much to qualify for premium subsidies might pay between $337.31 per month and $682.
Sadly, the individual in the example above wouldn’t be able to use an HSA with the cheapest plan in their state., the annual out-of-pocket maximum must be under $6,900 for individuals and $13,800 for families. As a side note, health insurance plans must also meet a minimum deductible requirement of at least $1,400 for individuals and $2,800 for families.Jan Dubauskas, who serves as Vice President and Senior Counsel at, Inc.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Top gold ETF attracts $5.5 billion in assets this year despite cheaper competitionThe SPDR Gold Shares exchange-traded fund remains a default name for investors seeking exposure to the precious metal despite less costly rivals on the market, experts say.
Lire la suite »
Gold prices steady as U.S.-China trade deal doubts lingerGold held steady on Tuesday, after hitting its highest since Nov. 7 earlier in t...
Lire la suite »
Gold rises as Sino-U.S. trade deal doubts resurfaceGold inched up to its highest in more than 1-1/2 weeks on Tuesday, as fresh doub...
Lire la suite »
Gold Star father Khizr Khan endorses Joe Biden, plans to campaign for himKhizr Khan, the Gold Star father who offered a scathing rebuke of Donald Trump at the 2016 Democratic National Convention, has endorsed Joe Biden's presidential bid
Lire la suite »
Gold gains on U.S.-China tensions; markets eye Fed minutesGold prices firmed on Wednesday as trade and political tensions ratcheted up bet...
Lire la suite »
‘Gold Rush’ Producer Raw TV Wins First Netflix Commission With Documentary On Canadian Killer Luka MagnottaGold Rush producer Raw Television has secured its first commission from Netflix — a three-part documentary on a man who went viral for killing kittens and was later convicted of murdering a Chinese…
Lire la suite »