Patients who have a high deductible health insurance policy and must pay for their own basic shoulder Magnetic Resonance Imaging Test (or any other test for that matter) can save up to $3,000 by shopping around. This survey asked for prices for a no-contrast image of a shoulder. Some facilities include the radiologist fee for [...]
When I first started out selling individual health insurance in 2002, most people would choose a $2500 deductible for their health insurance as representing the best combination of price and value. Many folks now are choosing $3500, $5000 or even higher deductibles.
The deductible in health insurance is the amount you would have to pay [...]
Coinsurance is the most difficult thing about a policy to explain to a client. Frankly, if the insurance companies eliminated this feature of their policies, they would do away with a lot of confusion, misunderstanding and resentment from their customers.
Let’s see if I can explain it in simple terms:
You select a deductible for [...]