Understanding Benefits & Costs
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Did you know? |
Costs/savings |
You can check online to see which doctors, hospitals, and specialists are in the Humana network. |
Staying in-network and using generic drugs means lower out-of-pocket(OOP) costs for you. |
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Deductibles are available in three different individual packages : low, medium and high, and vary if you seek services out of network. |
The package and deductible you choose will not only affect your monthly premiums but how much you will ultimately pay in OOP costs as well. |
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If you choose the HEALTHMILES PLUS High Deductible Package, you can save money by opening an HSA at a qualifying bank. |
With the High Deductible Package and an HSA you could save 20-25 percent on your monthly premiums, and you'll be able to set aside money tax-free to cover future medical expenses. |
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Think about how much you want to pay in OOP costs once you've satisfied your deductible. |
An 80/60 package (one that covers 80 percent of covered expenses in-network and 60 percent out-of-network) may have a lower monthly premium than a 100/70 package, but your OOP costs could end up being higher. |
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The copayment option (applicable only to the Low and Medium deductible packages) enables you to see a doctor in your network for a flat rate. |
There are limitations to this option. To begin with, doctor visits per family member per year may be limited*, and they apply only to treatment for illness or injury, not preventive care. Furthermore, co-payments don't apply to your deductible or out-of-pocket maximum. |
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Prescription Benefits |
With all HEALTHMILES PLUS packages, you can save money by choosing lower-cost drugs when they're available and appropriate for you. If your doctor prescribes an expensive brand-name medication, ask about generic equivalents, therapeutic alternatives, and even over-the-counter options. |
For HEALTHMILES PLUS Low and Medium Packages, you get an allowance of either $30/20/10/0 toward your prescription with a maximum of $100 per prescription; and a $2,500 annual OOP to member. For the HEALTHMILES PLUS High Deductible Health Package, the prescription benefit** deductible and OOP maximum are integrated with the medical benefits. The insurance plan pays 100 percent of prescription cost if purchased from an in-network pharmacy. |
*See your state-specific Summary of Benefits for additional information on copayment benefit.
**Limitations and exclusions apply. See your state-specific Summary of Benefits for details.
How the Elements Work Together
If a service requires a co-payment and a deductible, the copayment applies first, then your deductible, then coinsurance. For example, suppose you have $3,200 worth of doctor's office and outpatient surgery visits during the package year. You have a $1,000 deductible and then your package pays 80 percent. Here's how it breaks down:
| Network provider charges | $3,200 |
| PPO discount | (-$800) |
| Balance | $2,400 |
| You pay your annual deductible | (-$1,000) |
| Balance | $1,400 |
| HEALTHMILES PLUS pays 80 percent | (-$1,120) |
| Your coinsurance balance | $280 |
| Your total cost | $1,280 |
In this example, your estimated cost is the $1,000 annual deductible plus your $280 coinsurance, for a total of $1,280.
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