I've seen a lot of financial blogs and forums with people saying that they always get the high deductible. I'm curious why that is and what sort of advantage it has over a medium deductible as there is less out of pocket for a higher premium?
Our new one isn't out yet but for last year (July 1, 2017-June 30, 2018) the
High was nothing out of check but $4000 deductible for DH and myself.
Med was $72.12 per check plus $2500 deductible for DH and myself.
We chose the high as it's $4000.
Med is 72.12X26 checks so 1875.12 plus 2500 so $4375.12.
So overall the high was cheaper but the $72 per check is also pre-tax on the check so there is a bit of savings there.
Is there anything else I should be aware of before the next sign up?
Oh and if it makes a difference we both have some medical issues that require routine screening and medication and whatnot so we do see doctors several times a year and have labs/procedures done.
thanks