The Ultimate Guide to Maximum Out Of Pocket

It’s on the plan finder and you see it when you enroll – but what does Maximum Out of Pocket mean to your pocket? Short answer, it means exactly what it says. The Maximum Out of Pocket is the maximum amount you will be expected to pay toward your health insurance for the coverage year….

The Normal Person’s Guide to Copays

We’ll get back to Mary and Billy tomorrow – but first, let’s get the hang of these copay things! Copays are probably the simplest of the payment options – a copay is a set amount of money that you pay for a given service. That’s it. Simple. There are two possible ways that copays will…

The Normal Person’s Guide to Coinsurance

Okay, we’re going to interrupt Mary and Billy’s journey to the Maximum Out of Pocket for a brief side trip through coinsurance and copays. Don’t worry – we’ll get there! A coinsurance is simply a set percentage of the allowable that you pay. All done – we now rejoin… wait, you didn’t get that?  …

The Simple Guide to Deductibles

Okay, today we’re doing math. Stop grumbling – deductibles are math that matters – to your pocketbook! But we will try to keep the math to a minimum. So we’ll start instead with a quick vocabulary lesson: What is a deductible, anyway? Well, let’s see what the Business Dictionary has to say… Deductible: Fixed amount…

The Ultimate (Quick) Guide to Cancelling Your Marketplace Plan

Okay, as we discussed in “Five Things to Never Say to Customer Service” there is a difference – a big one – between cancelling a plan and terminating a plan. If you want your coverage to end you want it terminated. But what if you want the plan gone altogether – for it to have…

Five Things to NEVER Say to Customer Service

We’ve all been there – and we’ve all been tempted to say things we shouldn’t because we are angry or frustrated. But some comments can be a lot more costly than they are worth in time, frustration and even money. Here are five to never make while you’re angry – or at all!

Healthy Insurance

What you need from your health insurance and whether or not you plan meets those needs is what determines how good your health insurance really is.

HMO, EPO, PPO – E-I-E-I-O!

What would insurance be without an alphabet soup of jargon? Okay, simpler to understand, sure, but what’s the fun in that? The reality is, the jargon is here to stay. If you want a plan you are actually happy with, you’re gonna have to have a little vocabulary lesson – so sit up straight, stop…