Are High Deductible Health Insurance Plans a Better Choice?

Рет қаралды 13,500

Күн бұрын

Back in the good ole days, you could find plans with low deductibles and low maximum out of pockets, but since Obamacare, those days are behind us. In this video I discuss whether it makes more sense for people to go with higher deductible plan options to save monthly premium, rather than paying much more monthly for a lower deductible.
I am a licensed insurance broker, and a district partner for my company Healthcare Solutions Team. I am here to help ensure people make the best decision for their health insurance in their state. I am licensed in the following states currently:
AL, AZ, FL, GA, IL, IN, KY, LA, MD, MI, MS, MT, NC, OH, OK, PA, SC, TX, VA, WI
Feel free to call me at 708-566-6589 to discuss any health insurance options in your state!
Email me here: jdavern@myhst.com
Follow me here:
/ healthcaremadeseimple1
/ ezinsurancejoe
/ healthcaremadesimple

Пікірлер: 39

@emilycruz809 8 ай бұрын

Thank you so much for covering this.

@healthcaremadesimple5367 8 ай бұрын

Happy to help!

@user-io3vs7fz5j 3 ай бұрын

What a brilliant video. Great advice, simple and practical. I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!

@healthcaremadesimple5367 3 ай бұрын

Glad it was helpful!

@MrChorn09 2 ай бұрын

I like to choose the lowest cost hdhp which has the highest deductible option that my company offers. I then use the premium savings to max out my HSA which covers the max OOP amount if I do hit it that year. If not, then just rolls over to next year.

@osaodi9944 8 ай бұрын

Thank you for this video Joe, truly appreciated. At @5:42 mark you mentioned "add supplements" by this, would you be referring to GAP health insurance? If so, can you factor that into your next videos. It will help a lot. Thank you again for these

@healthcaremadesimple5367 8 ай бұрын

I will do a video on supplements soon

@htown148 Жыл бұрын

Do more ACA loophole videos!

@wtcneverforget8163 Жыл бұрын

There should be a bridge to the next year if you become seriously ill in December and hit your max oop but still need to treated the next year for the same condition, e.g. January.

@thenaturalgemini Жыл бұрын

This is very common in health insurance and many people do not know it exist. It is called a 4th quarter carryover, meaning any money applied to the deductible in the 4th quarter will roll over into the new year. It is not in all medical plans; it just depends on the plan you have. My knowledge is based on working with employer group plans. If you have one would call the insurance company and ask this question. It is also located in the certificate of coverage.

@MiteshSura 4 ай бұрын

any tips on HSA plans for self employed? I see very limited options on ACA

@workstationmark4103 Ай бұрын

My guess is they will develop a test to see if you eat a lot fast food and restaurant food

@TerryTerry-iv7zc 8 ай бұрын

We live in Indiana as federal Empolyee, we had been with BSBC for more than 20 years. Only this year, heard about HSA.. I was thinking of switching to GEHA HDP just to benefit of the HSA. Their reviews are overwhelmingly terrible. I really feel it's good to benefit of HSA. The only plans with high deductible that has the HSA are Aetna , GEHA and MHBP. Any suggestions? Thank you so much

@floraandfaunab8855 9 ай бұрын

Still confuse, planning to retire this year and my concern is insurance. I will try to reach out your service.

@healthcaremadesimple5367 9 ай бұрын

Reach out and I am happy to help

@tuffy3240 3 ай бұрын

Live in fl, going to need health insurance for 18 months till I can get Medicare, was on my spouse insurance but he turns 65 next month and will retire. So stressful knowing the right plan.

@healthcaremadesimple5367 2 ай бұрын

Feel free to call me if you need some help. 708-566-6589

@MoveMountains101 3 ай бұрын

Can you get a HDHP (with HSA) in a Short Term Health Insurance PPO plan in Florida? What are the options? (Age 59, single snow-bird)

@edenpagani1243 5 ай бұрын

I'm on an individual Kaiser plan paying $738 a month. I have been to the doctor 2 times on telehealth. I don't want to pay this. I want a $10,000 max plan or a high deductible plan with Kaiser. They seemed confused by this.

@irisglezfletes Жыл бұрын

This shit is hard to understand 😅

@Gomjabbar28 8 ай бұрын

im on my 6th video

@Youknowtherest 8 ай бұрын

@@Gomjabbar28my goodness I’m on my 4th as well I’m here thinking gosh my head is tough thank goodness I came to the comment and realized I’m not the only one struggling to understand

@ramonpineda7514 8 ай бұрын

😂😂😂

@billithekid104 5 ай бұрын

😂😂😂😂

@michaelsena5487 Жыл бұрын

Do you have to choose employer insurance if it is offered vs being able to choose an ACA plan?

@healthcaremadesimple5367 Жыл бұрын

No. You can choose an ACA plan over the employer plan if its a better option for you

@G--do8ro Жыл бұрын

@@healthcaremadesimple5367Very helpful channel! Do you have videos on how to apply for ACA subsidies?

@777SEER 8 ай бұрын

Let’s be honest, If your concentrating on just the out of pocket maximum for instance a family, Every individual person in the family needs to meet the deductible and out of pocket maximum?

@joelthomas4294 7 ай бұрын

Exactly