In my recent rant about dental charges, someone suggested looking into insurance to save on costs. To which I scoffed (mentally) But since my EHIC card has expired I suppose it is the perfect time to look into this.
And then a friend of mine, who coincidentally happens to be a colleague as well, randomly mentioned something about how many deductions came out of my pay before he even saw it. One of those deductions was for health insurance. A little bell went off in my head. Southern Cross! We have a workplace scheme going with them. Hmmmmmmmm…………
Just my luck, a consultant happened to come into the office a week later. Here are my options as a young, healthy human being:
Cover for the catastrophic, should it occur, at $25.24 a month. Double that ($50.48) to add T onto the plan.
Odds are highly stacked against me needing surgery anytime soon, so I won’t go into all the details of coverage. I’ll just say that it covers up to $75,000 per operation. And pre-consults and post-op care. (I think it also covers wisdom teeth removal, although probably not the whole cost). Goodness, and sterilisation, gastric banding, breast reduction and overseas treatment.
Thoughts: Sounds like good value to insure me against the future. But I’m inclined to postpone signing on for a while yet. But a young, foolhardy person would say that, wouldn’t they?
Wellbeing Two, plus dental and vision:
Looks virtually identical to Wellbeing One at first glance, with the addition of $750 for psychiatric consults.
Add on vision and dental, and that’s $60.77 a month or ($121.54 to cover T as well). That’s up to $500 for dental a year, $100 for hygienist – whatever that is – $50 for eye tests, $400 for glasses or contacts, and $200 for audiology.
Thoughts: I could definitely make full use of the vision coverage, but I’m pretty sure my employer already has a vision subsidy in place. (I used it a couple of years ago and assume it hasn’t been canned.) I also haven’t worn contacts in a while, but I buy them MUCH cheaper online than through brick-and-mortar stores.
I seem to recall being quoted around $300 for a cleaning and filling, and $1500 for T (he needed more work, obviously). I don’t see much point in paying $729 for us a year to get $500 worth of dental work, although again, we are getting coverage should either of us need non-emergency surgery.
Right now, I’m leaning toward postponing the whole idea, and simply paying our dental costs out of pocket.
Anyone have any thoughts on the matter? I know health insurance in the US is a different beast altogether, but all input is appreciated.