Quote a Insurance.com

Posts Tagged ‘weigh-the-pros’

As the economy struggles and health care costs rise, more and more employers are limiting or eliminating benefits through work according to the article “How Limited Benefit Plans Can Save You Money” by Chelan David found on sbonline.com.  Because of this the practice of offering small medical health plans is growing in popularity. Limited benefit plans charge individuals as little as $50 per month for routine medical care.  They are designed to replace major medical coverage for those who cannot afford regular insurance.  Many companies offer such options such as Go Blue Florida .  Limited benefit plans have their pros and cons.  They are very inexpensive month to month but typically major medical costs are not covered.  Another con is that mental health care is not usually covered. It’s important to weigh the pros and cons of going with the smaller plan like Go Blue Health Insurance , or the major plans through Blue Cross Blue Shield.  It depends on your health, lifestyle, dependents, age, and financial situation which plan will work best for you.

Read the rest here: