Details

Autor(en) / Beteiligte

• Mason, Ronald J

Titel

Will the high-deductible Medigap plans fly?

Ist Teil von

• National underwriter (Life, health/financial services ed.), 1999-08, Vol.103 (33), p.12

Auflage

Life, health/financial services ed.

Ort / Verlag

Erlanger: ALM Media Properties, LLC

Erscheinungsjahr

1999

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• Buried in the mammoth 1997 Balanced Budget Act was a minor change to statutes governing standardized Medigap policies. It authorized 2 new high-deductible versions of Medigap plans F and J. For insurers writing these senior market supplemental health products, the new high-deductible plans offer an intriguing mix of risk and opportunity. For a high-deductible plan to make economic sense to buyers, the buyer must expect consistently to spend less, out-of-pocket, than the difference in premium between the 2 plans. Because it places the buyer at risk for a significant out-of-pocket cost, it will remain a scary choice for a majority of the potential audience.