Battle of the Plans

Comparing Premiums vs. Coverage

Analyst Name

Date

Plan A: "Bare Bones"

Monthly Premium: $150

Yearly Premium: Calculate this!

Annual Deductible: $6,000

PCP Co-pay: $40

Out-of-Pocket Max: $8,000

Plan B: "Safety First"

Monthly Premium: $450

Yearly Premium: Calculate this!

Annual Deductible: $1,000

PCP Co-pay: $20

Out-of-Pocket Max: $3,000

Scenario 1: The Healthy Athlete

This person only goes to the doctor once for a physical. They don't have any injuries or prescriptions.

Plan A Total (Yearly Premium + 1 Visit):

$

Plan B Total (Yearly Premium + 1 Visit):

$

Scenario 2: The Bad Luck Year

This person breaks their leg and has a surgery that costs $15,000 in total.

Plan A Total (Yearly Premium + OOP Max):

$

Plan B Total (Yearly Premium + OOP Max):

$

Comparative Summary

1. Based on your math, which plan is cheaper if you remain perfectly healthy for the entire year?

2. If you know you have a chronic medical condition (like asthma or diabetes) that requires expensive medication every month, which plan would you likely choose? Why?

3. Describe the "Risk" of choosing Plan A. What is the danger if you only have $1,000 in your savings account?

Battle of the Plans

Plan Comparison Slides

Battle of the Plans Worksheet Comparison