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When Is Your Insurance Deductible Rollover?

It's that time of year…time to start planning for the insurance deductible rollover. Most rollover on Jan 1 and I always forget that my primary insurance rolls over on December 1! But I remembered this year! 

This past week, I went through all my prescriptions to see which could be refilled before Dec 1.

It's also time yo look at your HSA and FSA balances and decide how to use up any leftover funds. 

What step do you take in anticipation of your insurance rollover?

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  • Pljohns

    I do the same Kathy but thankfully I am now one of the very fortunate ones who’s company just changed to a top of the line policy-$100 deductible and the most expensive copay on meds is now $30/month-SO MUCH better than the years of $6500 ded that included meds and then they only paid 80%.  When meds cost $2200/month, going to $30 is a HUGE deal

  • Melissa G

    Our insurance rolls over Jan 1. I order as much as I can by Dec 31, that way I have a week or two before my bank account gets drained. 

  • Faye

    We will have a new insurance carrier effective Jan. 1. I opted for an HRA plan and will also contribute to an FSA to cover some of my deductible. Thankfully, my prescription costs has gone down but I still need funds to cover for my fertility treatments.

  • Deborah Bartlett

    I get my commercial insurance through DH's work. They pay half off his and he pays all of mine. They switch insurance every year and it always starts with a new one on September 1st. It is a real inconvenience. 

  • Melissa G

    Deborah that has to be a major inconvenience changing insurance companies every year! You would get use to one company and before you know it, get switched to a different one. That would drive me crazy. 

  • Kathy P

    It's frustrating to change every year! My dh's work was changing theirs frequently it was a royal pain! Fortunately we never had to change doctors because of it.

    Is anyone anticipating having to change doctors because of an insurance carrier change?

  • Deborah Bartlett

    This past September we did not have to find new doctors. It is a good thing because I have some great doctors. I have had to find new doctors in the past. 😠

  • Deborah Bartlett

    Ohhhhhhh Melissa, it does drive me crazy!!! Been this way for quite a few years now. It's tough because of all my meds. I had a free program once through a pharmaceutical company. My doctor had called and set it up for me. Insurance switch meant no more free. New insurance wouldn't cover the med. My doctor called and told them I need the med to survive. At least it is partially covered. 

  • Deborah Bartlett

    This is out of category, but I just found out the USPS is suspending services on Wednesday. It is out of respect for George Bush passing away. 📪🚫 No mail delivery.

  • Pljohns

    DH's company keeps changing insurance too-two years ago, they changed to a HUGE deductible plan-$10,000 PER PERSON and then they only paid 80%.  As soon as i changed jobs, I brought the entire family over to my insurance.  It's a small company with very few benefits but the best one is, they provide a top of the line insurance and they pay 80% of the family premiums for us.  I can put up with a lot for a benefit like that!

  • Melissa G

    Yikes on the issues with your meds Deborah! I cringe at the beginning of the year when I go to pick up Bekah's meds. I tease the pharmacists that we are putting their kids through college….

    Wow, Lynn! That was a huge change! Our changed but not that drastically! 

  • Deborah Bartlett

    I know that you consider yourself to be lucky to have that insurance, Lynn. It is a good thing or YIKES!! My insurance is very expensive. Many things are not covered. I have been told that if I have a test and the person who bills it does it incorrectly, then it won't be covered. There is no guarantee that a test will be billed the correct way. 

  • Pljohns

    Yes, I'm very very lucky to have the insurance i do.  I went from $2200/month just for my 2 maintenance meds to $47 for them both ($60 without a copay discount card) but they are all on formulary for the first time ever.

  • Deborah Bartlett

    Wow. With the insurance I have now the co pay for primary care is 35.00. Specialist is 50.00. If something is done in the office, you will be billed for what is not covered. 

  • Pljohns

    I'm lucky in that department too-$20 for primary and specialist, 0 for x-ray or MRI/CT and so far, everything that's been done in office has been covered.  Medical Insurance is a big part of what I do for a living so I stay on top of it

  • Deborah Bartlett

    I get a bill if I have an xray taken. Any insurance I have ever had. Whatever portion I owe, I have to send a check. I also get a separate bill from a doctor I do not know who reads the fray. Also true with a CT scan. 

  • Melissa G

    Deborah, us too! It is very aggravating! It use to be one bill…now several bills/invoices for one thing. Drives me crazy! 

  • Melissa G

    I finally called our insurance company and thankfully, our deductibles are not changing in the coming year. 

  • Melissa G

    If your roll-over date is January 1st, not much time left to refill meds and get what you can paid for in 2018! I have one more medication that needs to be filled before Tuesday. 

  • Melissa G

    I try to save money when I can…and not feel like we are dying financially so early in January….