Our Major Research on Major Medical Insurance Plans In our research for insurance companies that carried Major Medical, we found numerous companies in Wisconsin. We chose to cover Dean Health Plan, WPS Health Insurance, Unity Health Insurance, and Physician’s Plus. These were all reputable insurance companies that are commonly chosen by consumers and employers. In our project, we covered the cost of the deductible, premium, coinsurance, and copay. We also looked at the coverage for dental, checkups, major operations, preventative exams, emergency care, rehab and physical therapy, prescription drug, lab work, and vision. We looked at prices for an individual at the age of 40 with no past tobacco or pregnancy and the prices for a family
…show more content…
Dean was founded in 1800’s and has numerous plans available for families and individuals. Dean has locations in Madison, Middleton, Sun Prairie, and Portage. The plan we looked at was the Dean Healthplan Catastrophic Safety Net. Dean’s Deductible for a family plan of three is $13,700 in network and $27,400 out of network. Dean’s individual coverage is $7,150 in Network and $14,300 out of network. Dean’s premium per month for a family of three is $659.34 and the individual premium per month is $335.05. A family of three and individual have a coinsurance of zero percent. The copay is a maximum of $100 for all services after deductible for an individual and a maximum of $200 for a family of three. There is no coinsurance. Dental, eyeglasses, and Rehab/Physical therapy are not covered with Dean …show more content…
We looked at the Bronze Coverage Plan. The deductible was $6,550 in network and $13,100 out of network for the individual. The deductible was $13,100 in network and $26,200 out of network for a family of three. The premium was $335.02 per month for an individual and $645.36 per month for a family of three. The coinsurance was 20% on all services after deductible for the individual and 0% for a family of three. The copay was a maximum of $170 for the individual and $340 for a family of three. Dental is not covered by Unity. Unity is the cheapest as far as deductibles go, but in the long run when you add all of the coinsurance and copay, the cost is actually higher than other insurance companies if your plan has to be used to its full
Dean was founded in 1800’s and has numerous plans available for families and individuals. Dean has locations in Madison, Middleton, Sun Prairie, and Portage. The plan we looked at was the Dean Healthplan Catastrophic Safety Net. Dean’s Deductible for a family plan of three is $13,700 in network and $27,400 out of network. Dean’s individual coverage is $7,150 in Network and $14,300 out of network. Dean’s premium per month for a family of three is $659.34 and the individual premium per month is $335.05. A family of three and individual have a coinsurance of zero percent. The copay is a maximum of $100 for all services after deductible for an individual and a maximum of $200 for a family of three. There is no coinsurance. Dental, eyeglasses, and Rehab/Physical therapy are not covered with Dean …show more content…
We looked at the Bronze Coverage Plan. The deductible was $6,550 in network and $13,100 out of network for the individual. The deductible was $13,100 in network and $26,200 out of network for a family of three. The premium was $335.02 per month for an individual and $645.36 per month for a family of three. The coinsurance was 20% on all services after deductible for the individual and 0% for a family of three. The copay was a maximum of $170 for the individual and $340 for a family of three. Dental is not covered by Unity. Unity is the cheapest as far as deductibles go, but in the long run when you add all of the coinsurance and copay, the cost is actually higher than other insurance companies if your plan has to be used to its full