Do you have any videos that explain the benefits of a zero deductible plan? I’m a self-employed caregiver and the family I work for has offered to pay $250 towards my health insurance every month. I can contribute about $60-$80 a month of my own so that puts me in the $300-$330 range which seems great because I found a few Gold and Platinum plans though Covered California I never thought I would be able to have and the low co-pays and $4500 OOPM are very appealing. However, a lot of these say zero deductible, so does that mean coinsurance starts just immediately until I hit the OOPM and then I don’t pay anything? Because that just seems too good to be true but maybe that’s just how it is when you actually have money. Thanks!
You seem to have a pretty good understanding! Yes, a $0 deductible means the coinsurance or cost sharing would begin the first time you used your insurance. If you do meet your OOP Max, then your insurance carrier would take on the remainder of the bills. The only thing to bear in mind is that these must be in network services covered by your plan. This video may be able to help: ua-cam.com/video/SSZP3EJCmmQ/v-deo.html If you have any more questions about specific plans, please feel free to give us a call: 888-410-0344. Thanks for your question!
I’m excited to see your new videos. Your channel is very informative!
Thank you so much for your kind words!
Do you have any videos that explain the benefits of a zero deductible plan? I’m a self-employed caregiver and the family I work for has offered to pay $250 towards my health insurance every month. I can contribute about $60-$80 a month of my own so that puts me in the $300-$330 range which seems great because I found a few Gold and Platinum plans though Covered California I never thought I would be able to have and the low co-pays and $4500 OOPM are very appealing. However, a lot of these say zero deductible, so does that mean coinsurance starts just immediately until I hit the OOPM and then I don’t pay anything? Because that just seems too good to be true but maybe that’s just how it is when you actually have money. Thanks!
You seem to have a pretty good understanding! Yes, a $0 deductible means the coinsurance or cost sharing would begin the first time you used your insurance. If you do meet your OOP Max, then your insurance carrier would take on the remainder of the bills. The only thing to bear in mind is that these must be in network services covered by your plan. This video may be able to help: ua-cam.com/video/SSZP3EJCmmQ/v-deo.html If you have any more questions about specific plans, please feel free to give us a call: 888-410-0344. Thanks for your question!