Popular Plan Types
Popular Plan Types
- Typically has a lower monthly premium
- Attractive to groups interested in catastrophic coverage
- The higher deductible must be met by your employees before insurance kicks in
- For 2018 per the IRS these plans must have a minimum deductible of $1300/single and $2600/family
- No deductible for in-network services, employees pay fixed copay amount
- Great for employees who want predictable costs
- Deductible typically applies when using out-of-network provider and facilities
- Uses a combination of co-pay, deductible & co-insurance
- Cost reduction available when in-network providers used
- Employer typically pays 80% of the cost