Dr. Wacasey’s Equation

Comparison of Health Insurance Policies

Duncanville ISD

Employee + Child(ren):

08-03-15 Metroplex ISD Analysis - Tier 2 - $245 EC

At $4,440, it looks like the ActiveCare 1-HD policy has the lowest premium, and would cost you the least to stay well (that is, if you don’t have any health care expenses) throughout the year.
  
Now, let’s compare the other policies to the ActiveCare 1-HD policy:
  
If you bought the ActiveCare Select policy instead, it would cost you $1,764 more in premiums. But remember, P + O = W, so by choosing the ActiveCare Select plan, then WHAT You Might Spend on health insurance and health care would be even $2,064 MORE than if you had just gone with the lower cost, ActiveCare 1-HD plan.
  
If you bought the ActiveCare 2 policy instead, it would cost you $4,524 more in premiums. But remember, P + O = W, so by choosing the ActiveCare 2 plan, then WHAT You Might Spend on health insurance and health care would be even $4,824 MORE than if you had just gone with the lower cost, ActiveCare 1-HD plan.
  
If you bought the Scott & White HMO policy, then you might save $704 on WHAT You Might Spend, in the unlikely case of catastrophe. But look at how much more it will cost you to buy the Scott & White HMO plan in the first place – $2,196. That means you will have to spend $2,196 more in premiums, just to save $704 in potential costs! Even the odds in Vegas are better…
 
This comparison is for illustrative purposes only, and should not be used as a substitute for professional financial advice.
The user should carefully examine all details of each health insurance policy under consideration,
and choose a plan based on their individual needs.