In the last couple of years, the monthly premium gap between high-deductible and traditional insurance plans has shrunk. High-deductible plans still can provide significant value, particularly if you can pre-fund your HSA through employer contributions, from your IRA or 401(k), or your own savings.
The graphic below shows you how a high-deductible plan with an HSA can save you money in premiums and your health care expenditures especially when something happens where you would need insurance. Make sure you look for a high-deductible plan that has 0% coinsurance after deductible. 20% of a $100,000 hospital stay is still going to cost you $20,000 out of pocket after your deductible is met with a traditional plan. Compare that with $0 after deductible with the high-deductible plan, especially of you have already funded your HSA.
Source for insurance premiums: free quotes from ehealthinsurance.com. Check online or with your independent health insurance agent.
Get more details by visiting the Doctor Kara, PC insurance page.