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I am going to make the assumption that 1) the copays for A only apply after the deductible is met and 2) preventative care is covered 100% before deductible for A. Simple answer: unless you think a medical expense greater than $4,800 is likely, or you want an HSA, Plan A is better. Question: Is the 0% coinsurance unequivocally a better option? If not, under ...


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When trying to evaluate the costs of two plans you need to calculate three numbers. Absolute minimum cost. That is the cost of the premiums you are responsible for even if you have zero medical events. In your case the company pays the full cost of the premium so both plans have a $0 minimum cost. Maximum costs. That is the cost of premiums, deductibles, ...


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Is a 0% coinsurance always the better option? Not always. It depends on the cost of the insurance, the size of the copays, the amount of the deductible, and your incidence of claims. I don't know your details so I'm going to describe Medicare supplement and hope that you can do such an analysis with your circumstances. The traditional Medicare copay is 20%....


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You're required to be given the choice to continue in the new plan, and you are required to be given the same choices as a current employee would have - i.e., if they offer 3 plans in Open Enrollment, you can pick whichever you wish (you'll have to pay the full COBRA amount, of course). See this FAQ from the Department of Labor (emphasis mine): Q5: Under ...


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The answer to can you keep your current employer sponsored medical plan via COBRA and still participate in your new employer’s other benefits, probably. Bundling medical with other benefits is pretty unusual, as long as neither plan is bundled you can do this. It’s important to remember when calculating the numbers, COBRA premiums are after tax dollars ...


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I've worked for large and small companies across the US over the last 20 years. Every one of them has medical as a separate enrollment from all other benefits. Meaning, you can elect to have no medical coverage but elect to have dental and vision coverage. At my current firm I hired someone who was on their prior firm's COBRA. Similar to you, they wanted ...


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