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Originally Posted by firstdown
My current plan is $740.00 per month for very good coverage (family of 3) and we just pay like $20 co pays when we go to the doctor. I'm switching to a health savings plan which has a highe ded. like 2500 and has some tax advantages. The premium is much lower and the idea is you take the money your saving and put that into a savings plan to pay for the small stuff and this also goes toward meeting your ded. The good part is if you don't rack up alot of small bills then this savings acount keeps growing and then you have plenty of money to cover the higher ded in the savings account. Here is a link that explains them better just ignore the sales stuff.
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These are great ideas I think. My wife's company went to something somewhat similar. They went to a high deductible plan which cut their premiums in half. The deductible went to $2000 but the kicker is that her company then provides her a benefit card that pays for the first $1300. So if she doesn't go much to the doctor then we never pay a dime out of pocket outside of the much lower premiums and her company saves money by paying lower premiums on their side plus a little bit of the deductible. If she ends up with a long hospital stay then the $700+premiums we end up covering basically breaks even with the amount of the old premiums.
It doesn't have any savings to it but the concept is the same. When people go to the doctor less then everyone, including her company, saves money and the 1300 deductible coverage takes most of the "bad" motivation away from employees.
"Bad" = never going to the doctor, just to save money, and then getting really sick and costing more in the long run.