Health insurance is full of rules that work the opposite way from what common sense suggests. This quiz has fifteen of them, one per page. Pick an answer to see the explanation, then tap Next. Keep count of how many you get right. The last page tells you what your score means.
Question 1 of 15
Start with the number everyone looks at first. The monthly premium is printed in the largest type on every plan comparison.
Plan A costs $250 a month with a $7,000 deductible. Plan B costs $340 a month with a $2,000 deductible and 20 percent coinsurance after that. You expect about $6,000 of care next year. Which plan costs you less in total?
Correct. Not quite. Plan A: $3,000 in premiums plus all $6,000 of care, since it is under the deductible. Total $9,000. Plan B: $4,080 in premiums, the $2,000 deductible, and 20 percent of the remaining $4,000, which is $800. Total $6,880. The cheaper premium costs about $2,100 more in this year. With little or no care, Plan A wins, which is why the estimate of your own care comes first.
More: Why a Low Monthly Premium Can Cost You More Than You Think