I do not know much about Health Insurance. I think it is soooo confusing. I thought I would pass on something I learned about my son's Health Insurance. As far as I understand if you are on a group plan (typically through an employer) then they charge you the same rate whether you have 1 child or 4 children it is the same or 5 or 6 or whatever. If you only have 1 child then it is a lot cheaper to put them on their own individual plan instead of having them on a group plan. I hope I am making sense. Here is my example...when we had our son we were going to add him to a group plan and it made our insurance go up about $240. Instead we put him on his very own individual plan through a different insurance provider and it only cost $100 for his insurance (which is great coverage) for a savings of $140 a month. I hope this helps someone out there. It is completely legit and acceptable through the insurance companies.
Monday, April 28, 2008
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7 comments:
That is great to know... I'll have to look into that.
This is awesome to know. I was just looking at that the other day. We are going from the couple to family and it doubles our monthly premium. Would you mind if I emailed you and asked specifically what plan your son is on.
so glad you told us about this, we are paying almost $400/month for our insurance when before we were paying like $200. I will have to look into this! Thanks
what insurance provider did you put him on?
We put him on Altius. I sent you an email about it, Joy.
IHC is good about that.
what a great thing to know, i was wondering what to do since my health insurance shot up a couple hundred..
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