3 ms·
An out of pocket maximum of $1k ($2.5k for families) is still a very good deal. Bottom line - If you're generally healthy it won't make that much of a differen
by ajg1977 16y ago
An out of pocket maximum of $1k ($2.5k for families) is still a very good deal.
Bottom line - If you're generally healthy it won't make that much of a difference. If you or a family member require expensive care, or you're unfortunate enough to be in a serious accident, you'll still be very glad you're covered by MSFT.
- DougWebb 16y agoIf you're generally healthy and have health costs < $1000/yr, then this could mean going from 100% coverage to 0% coverage, depending on how they set it up. Still a great deal for accidents, though, compared to what most people have.
- whakojacko 16y agoI highly doubt its 0% covered until $1k/year out of pocket-Probably something like 80%.
- pyre 16y agoOut-of-pocket maximum means that $1k is the maximum that you'll pay for anything. It probably scales up to the point where your portion is $1k, and after that MSFT picks up the rest of the bill.
- enjo 16y agoAn out of pocket maximum is generally not the same as a deductible. My wife and I have a similar plan now. It's $1500 (I think) maximum, but we still only pay the routine $20 co-pay for normal visits... $75 for emergency room. I don't think we've ever actually spent more than $100 out of pocket over and above the monthly premiums. If something went terribly wrong, however, that cap would mean we'd owe at most $1500/yr. That worked out well for my father when my mom had cancer. 4 years of treatment totaling WELL over $1M, and I think he paid like $3500 total.