Which health insurance plan would be the best choice for the Smiths based on the

Question

Which health insurance plan would be the best choice for the Smiths based on their PLANNED expenses? Andrew and Cindy and their three-year-old son Joe have a variety of planned and unplanned health expenses throughout the year. Each year, all normally get an annual physical exam. In addition to those expenses, the family estimates at least four office visits – two well-child and two well-adult visits.

a. POS Plus – Annual employee contribution is $3984, office visit copay is $25.

b. POS Value – Annual employee contribution is $2616, office visit copay is $35. 11.

Please, explain your answer.

Explanation / Answer

POS plus plan is better because it has no deductible co-insurance for in network medical care. One may just have to be responisble for the copay at the time of care. Even if it is priced a higher, the family has a lot of planned and unplanned expenses, one annual examination per year and also 4 visits are estimated.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.