Zurich has launched Cat4Home, a new hurricane deductible
buy-back program through Vertus Insurance Partners.
Knowing how deductibles
and premiums work in the basic sense doesn't, however, provide a business owner with an understanding of whether a high-deductible or high-premium plan is the right choice.
Another study from the University of Minnesota's State Health Access Data Assistance Center, found that the Granite State had the highest average family deductible
($4,381) and the second-highest individual deductible
($2,303), just $2 below Maine.
You're just comparing maximum spending with premiums plus deductibles
at different levels of healthcare spending.
See also: Expenses incurred to minimize loss should be covered How to calculate deductibles
for multiple related losses The trouble with estimating additional living expenses (ALE)
KFF found that "81 percent of covered workers are in plans with a general annual deductible
average $ 1,318 for single coverage, but employees in small firms (three to 199 workers) are paying 66 percent more than those in large firms (at least 200 workers).
For a look at what the analysts said about deductibles
in the physician visit cost-sharing report, read on.
Previous analysis released last fall from Kaiser Family Foundation and the Health Research & Educational Trust found that deductibles
are up nearly 50 percent since 2009.
The three states that sustained the most damage from Sandy (New Jersey, New York, and Connecticut) are among those that regulate hurricane deductibles
. Here's a brief outline of the hurricane deductible
regulations that apply in those three states:
"This particular policy fills a gap for the insured by covering 100 percent of the deductible
if the damage exceeds the deductible
dollar amount," he said.
To encourage our employees to go to service providers, which offer greater discounts, we offered lower deductibles
for employees who participate in-network.