Understanding the Numbers
What some people don’t realize is that they are paying to self-insure. What do we mean by that? Let’s say you are paying $367/month in premium but you have a
$3,500 deductible on a plan meaning you must spend that $3,500 before you get an 80/20 coverage with your current insurance coverage. Then you have a max out of pocket of, lets say $10,000 before you get 100% coverage.
Divide 3,500 by 12 months. That comes to $291.66. Add $291.66 and $367/monthly premium. Now you are really paying $658.67 for your coverage.
We can insure children on their own.
If you have insurance supplied to you at work, but when you add your children and/or spouse, the prices goes way up. We can cover your children while you and your spouse accept the insurance provided by your employer.
Do you have a huge deductible? Is this what your company provided you or did you just choose the high deductible so you could afford the insurance plan? We can help you with a very affordable GAP plan to cover that deductible.