Embedded vs Non-Embedded deductible – You NEED to know the difference!

Embedded vs Non-Embedded deductible – You NEED to know the difference!


hey guys John Millen with benefit hackers hey um quick story do you know what the difference is between a non-embedded deductible and an embedded deductible I know I’m getting all techie on you but it’s in your medical plan your health plan if you have a group plan at work or even an individual plan but if you have a medical plan coverage other than the Medicaid or Medicare talking about a traditional medical plan you either have an embedded deductible or non-embedded deductible and you probably didn’t realize it and how do I know because I got screwed over about seven years ago I didn’t catch the difference there is a big difference between an embedded and a non embedded deductible and this is why it matters because if you have a non embedded deductible and it’s more than just you on your medical plan so for me it was back then just my wife and myself on our medical plan we had a $7,500 deductible plan that was good because it was HSA I put a couple thousand away not the whole 7,500 a couple thousand and she was going through get trying to get pregnant so she was we were using a lot of the health insurance and so when we went we night we knew the 7500 was part of the deal no problem I think we had five grand in HSA that helped it seventy five hundred and we kept getting bills past that like what is going on there’s a mistake I mean we went to ten and twelve and fifteen and stopped at fifteen brands who are calling up the health company going it’s daycare like mr. melon her deductible is fifteen thousand dollars and they explained to me in gobbledygook with a non embedded deductible meant that’s what I learned and I was like where is that in writing so I go through my manual write my manual in front of me and I went there was 40 or 50 pages and it it was like towards the back I read every page just looking for the word one little sentence in the back of the book explained that I had a non-deductible non-embedded deductible which meant my deductible was 15 grand not 7,500 you gotta know what you have why is that because insurance companies you guys are sneaky you like to bury that in there why is it buried because you don’t want me to know the reason my rate was a little lower was because it was 15,000 not 7,500 crazy does that make you mad at all I’m cool with you telling me the deductibles 15,000 and this is your rate I am totally fine with that and I am NOT bashing insurance companies but I am not cool with not explaining how that works until you use the plan right it’s like saying you got a 36,000 mile warranty in your car Oh all but sorry it’s half that we forgot to tell you check us out benefit hackers com I have so many stories we could share we’re getting tired of seeing people burned on that thing and being in a meeting group meeting and they explained the medical and they never bring it up and I said you would deer in the headlights ah good question good freaking question you need to know that now and tell everybody by the way when you get family coverage this is not your deductible it’s double when it’s you and a spouse it’s not this it’s double when it’s you and a child it’s not this it’s double quit with the nonsense benefithackers.com

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