Your college friend, Sandy, has two health insurance offers to cover her medical expenses. She expects to have annual medical expenses of $16,000 on average. Given the information below, help her select the best plan to minimize her total cost.
Blue Cross Plan A |
Humana Plan B |
|
Deductible |
$3,500 |
$4,000 |
Limit |
$7,000 Out-of-Pocket Max |
$9,000 Out-of-pocket Max |
Coinsurance |
70/30 |
80/20 |
Monthly Premium |
$325 |
$400 |
Formula Spreadsheet
Your college friend, Sandy, has two health insurance offers to cover her medical expenses. She expects...
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