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Deducing Your Deductible Can Reveal Your True Health Insurance Costs

As you reevaluate your health care options during the open enrollment period, pay close attention to what the deductible is, and whether it’s one you’re prepared to meet. While healthcare premiums have only seen a modest increase this year, many employers are passing the costs on in the form of higher deductibles. A lower premium/higher deductible plan may seem appealing on the surface, but make sure you’re fully prepared to meet that expense if need be and don’t end up neglecting medical care when faced with a large price tag. Alan Ness shares some insights into all the pros and cons associated with a high deductible.