Wednesday, October 27, 2010

Resolved Question: Humana is setting a $7500.00 deductible on my health insurance, is that normal?

Yes, that's normal.

$240 a month for 2 adults is a fairly low monthly premium payment, especially if either of you have any medical conditions.

The lower the premium, the higher the deductible. If you want a plan with a lower deductible, then you'll also have to take on a higher monthly premium payment.

Would I personally purchase a policy with a $7,500 deductible? Maybe...but only if I had a Health Savings Account to go along with it.

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