Questions on medical insurance

[mythili]

1. Deductibles:
Is the deductible amount applicable during the very first doctor visit? Or do we pay the deductible for each dr visit?

2. Co-insurance/Co-pay: For Protection America, the copay is 20%. Does that mean the patient always pays $1000 outof pocket plus the deductible for each doctor visit? That means when the doctor bill is less than $1000+deductible, the patient always has to pay the complete amount?

3. Is there any reduction in cost if I take the insurance one time for 6 months as opposed to renewing it one month at a time?

4. I see a $40 difference per month when I did a quote for my parents on Patriot America and Protection America with $250 deductible. Can you explain why. (What additional benefits does Protection America have)
My father is 66 and mother is 57. Thanks.


Thanks!

[insubuy]

1. Deductible is annual.

2. 20% for co-insurance for first $5,000 in medical expenses is just once. You continue to pay 20% every time until you pay total $1,000 out of your pocket.

3. No. Whenever you renew the insurance, insurance company charges $5 renewal fee. You have save that by buying for 6 months.

4. Read https://www.insubuy.com/patriot-amer...e/enhanced.jsp

Please feel free to contact us or post the questions here if you have any other questions.

[mythili]

[QUOTE=narendra]1. Deductible is annual.

2. 20% for co-insurance for first $5,000 in medical expenses is just once.

>>You continue to pay 20% every time until you pay total $1,000 out of your pocket.
This means we pay $1000 out of pocket only once as long as my policy is active, correct?

[insubuy]

Generally, yes.

If you keep the policy for more than 1 year, you have to pay the deductible and co-insurance again for the next year.

[mythili]

Thank you Narendra for your timely response!