by LAS
Unlike with casualty insurance, where
the consumer is usually entice with some very nice discounts for
buying both Home (or Renter's) insurance from the same company as
your Auto insurance, bundling all your health insurances usually does
not offer the same savings.
Buying both Health and Dental, or
Physician and Hospital, insurances through the same carrier may be
more convenient for you to pay the premiums every month, but they
offer no savings otherwise.
In fact, because you automatically
assumed that there was a discount offered and given, you may have
failed to even shop around for a better deal or better coverage.
I recommend the following strategy---
IF you are carrying a High-Deductible,
High-Copay policy, then by all means get yourself a voluntary policy
that will cover Hospitalization. By this I mean a policy through a
company other than one that serves your employer -- a fully portable
plan that will go with you wherever you work.
My reasoning is this. Your current plan
is leaving you vulnerable to mounting bills for high copays on
hospitalization, the most expensive type of medical bill there is. To
help close that gap, a voluntary policy will cover whatever costs are
not paid by your primary carrier.
The second benefit to having this type
of voluntary policy, is that the Hospitalization plan will cover you
no matter what the reason for your inpatient stay. You may face
cancer treatment, wind up in the hospital as a result of a
non-workplace accident, or even go in for elective surgery. (Some
policies will even cover elective medical care, so check around.)
No matter what the reason is for your
stay, that policy will help cover the costs of your medical
treatment. And isn't that nice to know?
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