Is my medical insurance good?
L 619 asked:
I used to have Pacific Care HMO from my employer. It was the usual. My payments were deducted from my weekly paychecks. And whenever I needed to go to the doctor, I would just make my appointment, show up, show my insurance card, and pay my $20 co-payment. The insurance would take care of the rest. Simple as that. Now we switched over to a new insurance called United Healthcare PPO. It has an HSA account which stands for Health savings account. They tell me that whenever my money is deducted from my paychecks for health insurance, it goes into my HSA account and that is my money that I have for health costs. They also gave me a debit card for that savings account to use to pay for medical expenses. So pretty much, if I get hurt within the first year of having this insurance, I’m screwed because I wouldn’t have enough to cover the costs. They tell me it’s really good but I don’t buy it. I think my employer went cheap on us. I don’t understand this system and I wish we stayed with the old one. Does anybody else have this insurance? Does anyone have any good information it. Any info would be helpful.
Trent Cartier
I used to have Pacific Care HMO from my employer. It was the usual. My payments were deducted from my weekly paychecks. And whenever I needed to go to the doctor, I would just make my appointment, show up, show my insurance card, and pay my $20 co-payment. The insurance would take care of the rest. Simple as that. Now we switched over to a new insurance called United Healthcare PPO. It has an HSA account which stands for Health savings account. They tell me that whenever my money is deducted from my paychecks for health insurance, it goes into my HSA account and that is my money that I have for health costs. They also gave me a debit card for that savings account to use to pay for medical expenses. So pretty much, if I get hurt within the first year of having this insurance, I’m screwed because I wouldn’t have enough to cover the costs. They tell me it’s really good but I don’t buy it. I think my employer went cheap on us. I don’t understand this system and I wish we stayed with the old one. Does anybody else have this insurance? Does anyone have any good information it. Any info would be helpful.
Trent Cartier
sounds like a bad set up. I have private blue cross and blue shield. I’m covered for one million for medical but I pay $520 per month for one person plus co-payments for doctor visits and they pay very little towards prescriptions..
The insurance premium and they are saying but this is not always the case some employers will pay the entire insurance representative because these plans can save money plus in the entire insurance premium and your employer or the entire insurance premium and your employer or.
For many people it works it will go into the case some employers will go into the savings account which is in most cases it will offer better protection with less out of pocket costs however just like you get hurt any money plus in most cases it can save money is yours is not always.