benbeecham
New Member
- 3
While I guess they aren't so much "dumb" as they are noob questions. Ones I'm sure may seem simple, but I I've just never been pressed to ask until now (and I'm almost 40). But with my healthcare changing soon, I really need to ensure I know what I'm doing when looking for new plans. So here goes...
- When I find a plan that has a deductible (ranging anywhere from $500-$3,000), I know you have to pay that in monthly before you finally can use the insurance. But does the deductible ever get used up? Like if I pay a $500 deductible, and then use $2,000 in insurance, does that mean I have to start again?
- Similar question to above; once the deductible is paid in, I assume it never resets or expires (unless used)?
- Most plans list an out-of-pocket expense in the amounts of $10,000, $12,000, etc. They state this is the most I can expect to pay over the course of a year for our family. Is it common to have this much expense associated with a plan you're already paying $400-$500 a month for?
- Another similar question to the above. Assuming you have to use it. If people are getting sick or if there is a small accident (like tends to happen with kids), how much is common to expect to pay out of pocket? Is it an extra $2,000 year? Maybe just a few hundred dollars? I'm clueless on that part.