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 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?  …

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…

Nobody Asked You, Arthur!

Today we have a case study in why it’s a very good idea to have health insurance – especially if your bank account isn’t familiar with positive territory. In between jobs, watching the cash flow (mostly out) – holding off on buying new shoes is a sensible decision, right? Well, I thought it was. The…