Health Benefits

Discussion in 'Professional Trading' started by Weasel, Apr 12, 2004.

  1. Weasel


    Who do you use? The firm I'm joining has a group plan, but it's going to cost me $1,269.00 per month for a family of four. That's nuts. Any suggestions out there?
  2. kill your family or make your wife work. if she gets a basic job you can all go on her plan.
  3. ethos


    Consider HSA plan. It costs just over $200/month for a family of 4 if you are in your 30th. After you meet $4800 deductible they cover %80 or 70% depending on the plan. In the worst case the total of your payments will be about $10,000 per year (tax free). If you don't get sick it's less then $3000. It's also employer independent!

    I use Nationwide Insurance in California. Blue Shield also has similar plan.

    - get high deductible plan eligible for HSA
    - open HSA account to be able to get tax free benefits

    Here is financial part:
  4. Weasel


    Good one brokerboy. The wife hasn't worked in 10 years. I suggested it just for the benefits, but I doubt it will be happening. As for killing them. I would, but I don't think they have broadband or DSL hookups in jail for me to trade online.
  5. Ebo


    What state are you in?
  6. Weasel


    New Jersey
  7. monee


    See Horizon Blue Cross Blue shield web site

    Family policy traditional plan

    10,000 deductible per person
    50% coinsurance after that
    after 15,000 out of pocket they pay 100% of all usual and customary charges

    Maximum family deductible 20,000.

    $612.91 Per month

    Sounds outrageous but its sort of like disaster protection
  8. WarEagle

    WarEagle Moderator

    Yeah, I think they have broadband in prison there...
  9. He says there is no internet in prison.
  10. kiwi


    We were living in NJ and had a small business plan with Horizon Blue Cross. Cost about $650 per month for family of 4.
    Was set up as a spousal business and all we had to do was sign papers stating that wife worked in business about 60% of time.

    It was a pretty good plan.

    PM me if you want a contact

    #10     Apr 12, 2004