opinion: best catastrophic or Hospital surgical plan

Aug 13, 2008

  1. PMazzapica
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    PMazzapica New Member

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    Wondering what everyones opinion is regarding the best hospital and surgical plan. Here in florida I would say Plan 70 with Blue cross blue shield. 80%/20% $250 deductible
     
  2. Guest
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    Guest Guest

    If you're client can afford it, lose the co-insurance, go 100%.
     
    Guest, Aug 13, 2008
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  3. myinsurebiz
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    myinsurebiz Guru

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    In GA and SC I prefer American National for catastrophic.

    103 year old company. Over 5 Million Policy Holders.

    Excellent CAT and HSA.

    Tom
     
  4. somarco
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    somarco That Medicare Guy

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    That's like asking which is better, AIDS or pancreatic cancer.

    You might want to consider this. A H/S plan will cover, at best, maybe half a large claim. Maybe the BX FL plan is different, but all the ones I have seen have no coverage for outpatient expenses, including Rx not administered while an inpatient. The nominal premium savings is not worth the hassle factor when your client has a major claim and discovers they only bought half a health insurance plan.
     
    somarco, Aug 13, 2008
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  5. moonlightandmargaritas
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    moonlightandmargaritas Guru

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    Boy, if you're gettin' people involved with a $250 deductible on a hospital-surgical policy, I can't wait to get in behind you...
     
  6. moonlightandmargaritas
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    moonlightandmargaritas Guru

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    If his client can afford it, they ought to sell them REAL insurance.

    :D
     
  7. Guest
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    You crack me up 'tiger'

    Uh oh, when you change your avatar, I'm going to look so gay, not that there's anything wrong with that, LOL.

    :goofy:
     
    Guest, Aug 13, 2008
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  8. Expat
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    99% of those are small life policies. They started out as a debit company.
     
    Expat, Aug 13, 2008
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  9. myinsurebiz
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    myinsurebiz Guru

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    American National CAT plan

    80/20 - $2500 Ded - $5k Stop Loss - $7mm Lifetime

    Georgia - $166.34 - $246.91 with out patient

    SC - $210.08 - $311.00 with out patient

    ( Out Patient - separate $1,000 deductible - then 80/20 up to $10k. No RX or Wellness. Pre and Post Hospital / Surgical treated as inpatient )

    Golden Rule

    80/20 - $2500 Ded - $15k Stop Loss - $3mm Lifetime

    Georgia - $258.97 - $331.62 with out patient.

    SC - $226.84 - $301.00 with out patient.

    ( Outpatient - no co-pays but most expenses covered 80/20 after deductible. Has RX and Wellness after deductible unless optional package is chosen - which is limited to $300 and a 12 month wait for adults with a 35% copay )

    Where it makes sense - I actually steer people towards the American National CAT and attach our VIP Health Care Savings Card which has preferred rates for Dental, Vision, Hearing, RX and a $2k Accident Plan to it for $99 a month. Even includes repricing for Physicians, Hospitals, etc if better rates than the plans repricing.

    If they absolutely have to have co-pays / doctors visits - I steer them towards GR or Imerica - depending on the State. Imerica has unlimited $15 doctor visit co-pays in certain states.

    Tom

    p.s. - the VIP Health Care Savings Card pays a direct $50 monthly commission or a $25 monthly commission and participation in a 3x3 Infinity Matrix and Matching Check Bonus.
     
  10. moonlightandmargaritas
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    moonlightandmargaritas Guru

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    Until they go out of business...again...
     
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