Health Insurance News

The Avmed Rollover Deductible – The Florida Lowdown Right Before September You Lucky Dog 

This is no minor post by the way.  AvMed is one of the few Florida health insurance carriers in Florida to offer individual health insurance plans with a 3 month rollover deductible.  This means that your calendar year deductible from January to December differs from most other carriers in that from October to December any medical services rendered that are subject to your deductible will carryover or rollover to next year’s calendar year deductible.  This is much like rollover minutes except instead of minutes, it could mean potentially thousands of dollars.  For example, true story – On December 14^th , the day before my twin sister’s wedding I had a kidney infection and had to undergo numerous diagnostic exams. This ranged from CT Scans, to blood work, to sonograms – searching for kidney stones and somehow towards the end of my 6 hour visit to the emergency room they figured they would search for an ovarian cysts they thought they may have seen on one of the other exams.  At the end of this fun filled stay, I ultimately was left with no kidney stones, no ovarian cysts (thank God), but also no maid of honor speech and what I would later find out to be a $1900 amount that I was responsible to pay and that went towards my $5000 annual deductible.  In itself this was already bad news, I was out $1900 but on top of that it’s as if it was flushed down the toilet since 2 weeks later – remember it was December 14^th – it would be January 1^st and that’s right my calendar year deductible would start over again.  If I had a plan with AvMed which has a rollover/carryover deductible at least I could’ve said, ‘well,  next year it’s only a $3000 deductible I would need to meet – not too bad’.