Choosing the right medical plan is like choosing the right car. When buying a car, you take into consideration the cost of the car along with related expenses such as insurance and gas.
Apply the same logic to making the right medical plan decision. First consider the premium. Then think about expenses the plan does not cover such as deductibles and coinsurance.
You may choose between these three medical plans
HDHP/HSA – Health Savings Account Plan
The HDHP/HSA Health Savings Account plan has a $2,800 single/$5,600 family deductible with a maximum out of pocket of $2,800/$5,600 in-network and $13,000/$26,000 out-of-network. This plan has an Employer HSA contribution of $500 annually. New hires electing one of these plans will receive a prorated amount based on hire date.
The Traditional PPO plan has a $2,500 single/$5,000 family deductible with a maximum out of pocket of $6,350/$12,700 in-network and $12,700/$25,400 out-of-network. More information about the Traditional PPO plan
The Buy-Up PPO plan has a $1,500 single/$3,000 family deductible with a maximum out of pocket of $5,000/$10,000 in-network and $10,000/$20,000 out-of-network. More information about the Buy-Up PPO plan