Deductible Plans

California Health Insurance for Unemployed: Get Temporary Gap Plans for Between Jobs

Health Insurance for Unemployed

By Thomas Cazneau

What’s a Good Health Insurance Plan for an Unemployed Guy in California?
If you’re at all like me, you’re probably going to want cheap temporary health insurance while you’re in between jobs. Finding California Health Insurance for unemployed people can feel tricky, especially for those accustomed to having amazing employer health benefits.
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Comparing Kaiser Permanente HMO and HSA Plans

HMO, HSA Cost vs Value

By Thomas Cazneau

With terms like “deductible”, “HMO”, and “HSA”, choosing a health insurance plan can seem like trying to learn a new language. Below I will focus on defining the basic features between Kaiser Permanente HMO vs HSA plans for individuals and families. For more details on what to look for in a Kaiser Permanente HMO or HSA Deductible plan, click Compare Health Insurance.
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The New $40/$3000 Deductible Group Health Insurance Plan

Group Health Insurance for Business OwnersBy Esmeralda Mercado

I work for a health insurance agency that sells Kaiser Permanente Group Health insurance for self- employed people and other small businesses. Recently, Kaiser Permanente introduced a new California group health insurance plan that I’m really impressed with. It shows Kaiser Permanente’s commitment to helping consumers and current members get a medical plan that fits their medical service needs without breaking their pocketbook.

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My Favorite Kaiser Permanente California Health Insurance Plans

Searching for the Best California Health Insurance By Thomas Cazneau
I am a health insurance benefits specialist for an agency that specializes in California Kaiser Permanente health insurance. Choosing medical coverage can be difficult, especially when there are so many options. However, I find that there are three popular plans among customers who call us to enroll for California Kaiser Permanente health insurance. They are the $30/1500, $40/2000, & $40/3000 HMO Deductible Plans.
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Health Savings Accounts (HSA’s) in 2011

A health savings account (“HSA”) is a bank account that is designed to be used in conjunction with a high deductible health insurance plan. The competitive rates on a high deductible plan make it one of the best options for affordable health insurance. HSA coverage plans are ideal for people who are looking for major medical protection.

How Does an HSA Work?
An HSA insurance plan is suitable for people who don’t require frequent office visits, but are mainly concerned about not having to pay thousands of dollars in the event of a catastrophic situation. Under most HSA plans, the policy benefits don’t apply until you satisfy the deductible. An exception would be preventive care services. Those are free. Should a major medical incident arise, you would first pay the deductible amount, then you would either be fully covered or pay an additional discounted fee, depending on the plan you are on.

Opening a health saving account at a bank is optional. Monies in the account are designated for medical and dental expenses. If the fund is used for something other than qualified expenses, taxes and penalties would apply. Also, you could earn interest or dividends on the HSA fund, without it being subject to federal taxes.
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Align Your Group Deductible with the Annual Reset and Save

For a limited period, Kaiser Permanente is giving small groups that are currently enrolled a chance to downgrade to another plan in January. This is especially helpful for businesses that are interested in switching from one deductible plan to another deductible plan as it will allow members to synchronize their health benefits with the deductible cycle, which is based on a calendar year. Because companies can only move to a less robust plan, the change would also result in a lowered premium.

What is the benefit of synchronizing benefits with the deductible cycle?
Every January, the deductible amount resets to zero no matter what kind of Kaiser Permanente deductible plan you are on. If, for example, you purchased your group health insurance plan in July 2010, expenses you paid towards your deductible between July and December 2010 will be disregarded in January 2011; they will not carryover. If on your regular renewal date of July 2011 you decide to move to a different deductible category, then your deductible will reset again; deductible-based expenses between January and June 2011 will be disregarded and you start accumulating at zero level again.
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What is a Deductible and When is it Due to be Paid?

Deductible Health Insurance Plans are a good way to lower your premium and make healthcare more affordable. They are not for everyone. It is, however, worth considering if you are medically low maintenance, looking for a catastrophic plan, need insurance while you’re in-between jobs, or if you now find yourself having to pay for your own health benefits. If affordability is of key importance, then deductible medical insurance coverage may be right for you.

Kaiser Permanente offers a variety of deductible plans where doctor visits and prescription drugs are not subject to the deductible. For services other than office visits or drugs, the deductible would apply. A deductible means you will pay 100% of the medical expenses until what you’ve paid for health services adds up to the amount of the deductible. At that point, the insurance will “kick in”. Depending on the plan, you may or may not need to pay additional fees, but if you do, they will be at discounted rates. You continue to pay these copayments until you reach the maximum out-of-pocket amount. Then, subsequent services are free until the end of the calendar year. The average member does not reach their deductible, much less the maximum out-of-pocket amount. You’re likely to reach the maximum if there is a major medical incident.

The Three Stage of Deductible Medical Insurance Coverage

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