Insurance Anyone?!

Hi Kris, good post. I specialize in the medical insurance field both individual and group coverges. I am finding small businesses are securing coverge more and more to be able to attract key employees for their business. It can be difficult to secure coverage as a business has certain requirements that need to be met. One of the critical issues is the mandates the State has required to be on policies that many people don't want or need. With that said, many premium discounts can be available to a business as a member of a participating chamber or professional organization. I do find utilization to be done in the office call and prescription drug coverage mostly. Not too sure what all your looking for as feedback to the Wa. State Dept. of Health, but I know a great many folks do utilize their plans. If I can help further, let me know.

I have obtained coverage from Aetna for small businesses for my small consulting firm. This coverage is quite affordable for hospitalization and covers 3 visits to a doctor a year. This is manily a hospitalization plan that covers up to 5 million US dollars in medical expenses. The detuctable is high (2,500.00/5,000.00) for single and family, the total out of pocket expense is (5,000/10,000) for single/family. So this is a high detuctable but with good coverage for a serious illness. It also has out patient hospitalization coverage. Where the coverage lacks is for tests done outside a hospital - this is not well covered. But if you consider the additional premium for higher coverage it maybe a wash the coverage vs the premium. Aetna sells this coverage direct so just call aetna. If you require more information then it is best to contact an agent for more options

For information on insurance, some blogs have good topics to review. Here is a blog for the New York Area:

The Lower New York Insurance Blog

This type of coverage generally falls in to the category of a Health Savings Account and hopefully that is what you set up for yourself. You can then set up a savings account at a qualified facility and deposit sufficent funds in to the savings account to cover the deductible amount. The contributions to the savings account are then tax deductible. The savings program can issue you a debit card to access those funds, tax free, to use for the additional office calls or lab tests, etc. In addition, the savings plan can be used for dental care, vision care and a number of other matters that normal medical policies don't cover. This savings plan is not done with the insurance company, and the balance will carry over from year to year. You are to be commended for getting an insurance program to protect yourself and your family. Well done!