Reply #9: Wildly distort... go read your post again...

[lapfog_1]

"My deductible is $500 a month. My premium is $600 a month. I pay $30.00 a month."

your deductible is $500 a month.

your premium is $600 a month.

That's $1100 a month out of pocket before insurance pays a dime ($500 in charges).

How did I distort that.

Maybe you didn't explain it very well. I'd never heard of a "per month" deductible, but hey, I've been out of the health insurance game for quite some time.

I can't read your mind (what you MEANT to type).

Let's try again...

Your deductible is $500 a YEAR. Your Premium is $30 a month? What's the $600 amount? Your first post says that's your monthly premium, but this post says $30 a month.

Try it over again, with accurate descriptions of each amount, and what its for, exactly.

Some terms defined, in case you are confused.

Deductible - the amount of out of pocket expenses you incur for a given time period (usually a year) before insurance picks up some if not ALL of the rest of the medical expense.

Premium - the amount you pay every month (or sometimes every 6 months) for your insurance.

Co-pay - the amount you pay out of pocket (usually on a per visit or per prescription basis) OVER and ABOVE your deductible.