Medically insurance speaking, it’s Open Enrollment in this house. When did things get so complicated? Ah, yes, I remember now. They got complicated when I stopped being single and started having more than 1 plan to choose from.
They got more complicated when we had kids and moved up into “Family” plans instead of “Employee” or “Employee + 1″.
They got more and more complicated when we had a baby last year and a head surgery — that will make you take “Max Out Of Pocket” really seriously!
Seriously, I had to end up creating the spreadsheet-to-last-through-the-ages to help us determine what our best options were. Jeff’s HDHP? My HDHP? Cover Jeff as an individual, then do a family plan with my employer? Cover me as an individual, then do a family plan with Jeff’s employer? What if Jeff & I each took a kid onto our plan(s)?
AND…What are the results if we have practically no medical expenses next year? What if we have another baby AND another head surgery? What if every member of the family ends up visiting the ER 20 times? What if? What if? What if?
The answer is different if we expect no medical expenses (which we don’t) compared to expecting every person to need a $50,000 surgery (we don’t expect that either). So, I created a spreadsheet with all our options, all the possible coverage permutations and it allowed for inputs like expected medical expenses.
But, man, this used to be easier! (Not complaining because we are truly blessed to have the medical insurance options that we do have in a place with excellent medical care and that we generally have good health.)