Amid the nation’s health reform law debacle, Blue Cross Blue Shield the Michigan health insurance provider highlights a roster of economical plans called “My Blue” (sm). Here are the highlights of the policy:
Health Insurance Plans: My Blue plans are preferred provider organization (PPO) policies. These medical coverage programs come in three variations: Individual Care Blue Plus (sm), Flexible Blue II (SM) Young Adult Blue (SM) and Medical Plans. Each My Blue has specific terms, deductibles and premiums to meet various budgets. (The My Blue Medicare plans are for people over the age of 65). The aforementioned policies are segmented according to:
- Age
- Employment
- The individual’s current health status
- Other medical factors
MyBlue benefits: All My Blue Plans include a $5-million-dollar lifetime maximum and other basic medical benefits:
- Preventative care for a $500 maximum, per calendar year (with a 90-day waiting period)
- Diagnostic testing and hospital services
- Prescription drug coverage
- Dental care and Maternal care are add-ons
Annual Deductibles / Out of Pocket Limits— With premiums starting at $183 per month for the Individual Care Blue Plus, individual policyholders can expect to contribute an annual maximum of $3500 in out of pocket costs. Nonetheless, the other My Blue plans offer lower and higher premiums with corroborating co-payments, annual deductibles. For instance, the Flexible Blue II (SM) monthly premium starts at under $60 a month, but requires hefty out of pockets costs.
Mike Novelli of Michigan Health and Life recommends that consumers create a list of their medical needs (prescriptions, average annual doctor’s visits, etc) to their budget.
Next compare the following costs and services:
- Doctor’s Visits
- Prescriptions
- Annual deductibles
- Maximum out-of-pocket expenses
Then be sure to compare Blue Cross Blue Shield – My Blue plans to other Michigan Health insurance quotes. For fuss free advice, dial 866.522.5953.