Health insurance question: i work for a small company. we switched to a cheaper health insurance plan within?

Question

oxford because i added my wife and 2 kids on after my wife left her job. my current plan would have cost 1,900 a month for family coverage. we switched to one through oxford as well with 1,300 a month coverage. the in network coverage seems to be identical except the copays are 20 for primary care and 30 for specialist instead of 10 and 10 on the old plan. in network hospitalization is 500 dollar co-pay for in-patient and $250 co-pay for out-patient.

Answer 1

Sounds like you made a good switch.    

Good luck with your future.

Answer 2

Sounds like a good switch for you, the copay is more, but you probably arent going to the doctors 600 dollars worth a month. What specifically was your question?

Answer 3

Your saving $7,200 per year. That should easily overcome the fact that you have a slightly higher copays.

Answer 4

This is decent health coverage.  Most plans will cover out of network benefits at the same level as in network if you have an emergency and need immediate care.  But, you are expected to transfer to an in network facility as soon as you are stable and can do so.  You might want to consider getting you wife and/or kids an individual plan instead of using your employer group plan.  It may save you some money that can help offset your higher out of pocket costs.

I've found some good information here too...

http://insurance.deal4-you.com

All the best to you.