Personal Finance (Not Investing) • How do I decide which health insurance plan to pick?

Appreciate this forum and its members for the wealth of knowledge — I have learned so much! I'm torn between 3 health insurance plans and I'd love to get additional insights/advice. I'm based in CA.

Option 1: Cigna Choice Fund with HSA Plan

• Provider network: Cigna Open Access Plus

• Bi-weekly paycheck deductions: $14.5

• Deductible: $1,600 (in-network), $2,500 (out-of-network)

• Employer's HSA contribution: $750

• Coinsurance after deductible: plan pays 90% (in-network)

• Out-of-pocket max: $2,600

- Pros:

• have HSA, employer contributes $750

• Covers egg freezing after meeting deductible

- Cons:

• High deductible. I predict I'll need to see a doctor more often this year

• I'm currently on this plan and it's been hard to see a doctor in a timely manner but this could be because I was used to Kaiser (often next day appointments)

• Behavior change: I can see myself not seeing a doctor as often to save on out-of-pocket costs

Option 2: Cigna Managed Network Plan

• Provider network: Cigna Open Access Plus, pay less with Tier 1 specialists

• Bi-weekly paycheck deductions: $15

• Coinsurance: plan pays 100%

• Co-pay: $20-$40

• Out-of-pocket max: $2,000

- Pro:

• Covers egg freezing after meeting deductible

• No deductible

- Con:

• Hard to see a doctor in a timely manner but this could be because I was used to Kaiser (next day appointments)

Option 3: Kaiser

• Provider network: Kaiser doctors only

• Bi-weekly paycheck deductions: $15.5

• Co-pay: $20

• Coinsurance: plan pays 100%

• Out-of-pocket max: $1,500

- Pro:

• Can see primary doctors in a timely manner

• No deductible

- Cons:

• Egg freezing is not covered

• Impossible to see specialists without primary doc approval

Statistics: Posted by salt_drummer — Tue Jun 18, 2024 6:08 pm — Replies 1 — Views 187

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