Dec 19, 2007
Are You Better Off With Health Insurance or AmeriPlan's® Basic/Total Health When You Get Hospitalized
If I remember, when we delivered my daughter Katherine almost 8 years ago, we didn't have to pay for the delivery and the hospital charges. That totaled up to $4,000. The reason why was because our PPO health insurance through Blue Cross/Blue Shield covered it.
What if you have AmeriPlan's® Basic Health or better?
With AmeriPlan's® Basic Health (or better), you still pay for the hospital bills. However, if your bill goes over $2,500, AmeriPlan® will assign a person who will negotiate on your behalf a payment plan based on your ability to pay. Different people have different outcomes. One medical entity decided to take what the person offered to pay and wrote off the rest of the bill in his taxes. You may have to pay the hospital bill, but it may be discounted. If you had to make payments, it would be handled such that it you won't have to lose your house or so.
One thing I understand is those who are taken to emergency would have to be handled immediately, especially, if a loss of life is possible. Most doctors, although stressed at most times, have the professionality to handle patients in extreme distress. I guess that's the business the hospital is in, not just make people's lives better, they would their best resources to save them.
Never mind the after effects of your hospital experience. You let your health program handle that, no matter what company you went with.
Cheers,
Sidney Juachon
I market a program for people who are tired of paying for the outrageous dental fees and dental insurance. Do you know anyone who would like to know about a service like that?
If yes, you can get more information about our dental programs, by going to http://www.e-dental-plus.com
What if you have AmeriPlan's® Basic Health or better?
With AmeriPlan's® Basic Health (or better), you still pay for the hospital bills. However, if your bill goes over $2,500, AmeriPlan® will assign a person who will negotiate on your behalf a payment plan based on your ability to pay. Different people have different outcomes. One medical entity decided to take what the person offered to pay and wrote off the rest of the bill in his taxes. You may have to pay the hospital bill, but it may be discounted. If you had to make payments, it would be handled such that it you won't have to lose your house or so.
One thing I understand is those who are taken to emergency would have to be handled immediately, especially, if a loss of life is possible. Most doctors, although stressed at most times, have the professionality to handle patients in extreme distress. I guess that's the business the hospital is in, not just make people's lives better, they would their best resources to save them.
Never mind the after effects of your hospital experience. You let your health program handle that, no matter what company you went with.
Cheers,
Sidney Juachon
I market a program for people who are tired of paying for the outrageous dental fees and dental insurance. Do you know anyone who would like to know about a service like that?
If yes, you can get more information about our dental programs, by going to http://www.e-dental-plus.com
Dec 18, 2007
Anyone Has Diabetes - Save Money on Supplies
For those of you diagnosed with the silent killer, a.k.a diabetes, like me, I may have a way for you to minimize the cost in monitoring your blood sugar. In order to make life easier for you and for the doctor to do the best he can in helping you cope with diabetes, your blood sugar needs some monitoring, whether you like it or not.
What happens if you don't monitor your blood sugar? You don't know how you're doing with your blood sugar and the doctor has no clue what action to take. There are possible risks of not controlling your blood sugar and if it goes out of control, it could cause blindness, leg amputation, heart attack, and kidneys. I'm sure there are more but these are one of the impacts of diabetes.
In addition to the program that I market, you can be eligible for the US Diabetic Plan and monthly rates start at $29.99/mo if you test once a day up to $169.99/mo if you test 9 times a day.
If you test 3 times per day like me and most people, you rate would be at $69.99 a month. At an average discount store, you would pay $143.73/mo. Both the average discount store and the USDiabeticPlan includes the meter, 300 test strips, and 300 lancets.
That's over 50% savings.
For more information, call the US Diabetic Plan at 1-888-271-5833. Eligibility requires an AmeriPlan® membership at ANY capacity. I spoke to customer service representative at USDiabeticPlan and was told that an AmeriPlan® Dental Plus membership is all you need to be eligible. If you don't have one, you may go to http://www.e-dental-plus.com and get the information for the membership.
I know it isn't your choice to monitor your blood sugar, but why should you pay more than necessary, especially if you're underinsured or uninsured. If you're either in one of these categories, I encourage you to try out the Total Health package, at least you would be able to save money on doctor's, dentists', pharmacies', vision, and chiropractic visits and your family is no longer uninsured nor underinsured.
What do you have to lose? More money if you don't have some form of help to cope with the medical expenses.
Cheers,
Sidney Juachon
I market a program for people who are tired of paying for the outrageous dental fees and dental insurance. Do you know anyone who would like to know about a service like that?
If yes, you can get more information about our dental programs, by going to http://www.e-dental-plus.com
What happens if you don't monitor your blood sugar? You don't know how you're doing with your blood sugar and the doctor has no clue what action to take. There are possible risks of not controlling your blood sugar and if it goes out of control, it could cause blindness, leg amputation, heart attack, and kidneys. I'm sure there are more but these are one of the impacts of diabetes.
In addition to the program that I market, you can be eligible for the US Diabetic Plan and monthly rates start at $29.99/mo if you test once a day up to $169.99/mo if you test 9 times a day.
If you test 3 times per day like me and most people, you rate would be at $69.99 a month. At an average discount store, you would pay $143.73/mo. Both the average discount store and the USDiabeticPlan includes the meter, 300 test strips, and 300 lancets.
That's over 50% savings.
For more information, call the US Diabetic Plan at 1-888-271-5833. Eligibility requires an AmeriPlan® membership at ANY capacity. I spoke to customer service representative at USDiabeticPlan and was told that an AmeriPlan® Dental Plus membership is all you need to be eligible. If you don't have one, you may go to http://www.e-dental-plus.com and get the information for the membership.
I know it isn't your choice to monitor your blood sugar, but why should you pay more than necessary, especially if you're underinsured or uninsured. If you're either in one of these categories, I encourage you to try out the Total Health package, at least you would be able to save money on doctor's, dentists', pharmacies', vision, and chiropractic visits and your family is no longer uninsured nor underinsured.
What do you have to lose? More money if you don't have some form of help to cope with the medical expenses.
Cheers,
Sidney Juachon
I market a program for people who are tired of paying for the outrageous dental fees and dental insurance. Do you know anyone who would like to know about a service like that?
If yes, you can get more information about our dental programs, by going to http://www.e-dental-plus.com
Dec 14, 2007
Traditional Health Insurance vs AmeriPlan® Basic Health or Total Health
When should you keep your health insurance and when should you switch over to AmeriPlan® Basic Health? Well, let me tell you my situation. I work for the Federal Government and because I'm employed by them, they get to pay for two-thirds of my health insurance, which I use a PPO plan with Blue Cross/Blue Shield. They charge me $135 for every two weeks. If I wasn't employed by the feds and had to get my own health insurance, I would have to pay $405 every two weeks and if I pay for the whole year, I would pay:
$405 x 26 = $10,530 per year.
If I enjoy these benefits and assuming that I work full time, I would pay:
$135 x 26 = $3,510 per year.
If I divide this by 12 to get the monthly rate, that equates to:
$3,510 / 12 = $292.50
So what I pay an average per month is $292.50. This includes prescription at a substantial rate.
However, I got a letter today from Blue Cross/Blue Shield that Medco Health will handle the prescription starting January 1, 2008. This is the same benefits that we enjoy with AmeriPlan® Dental Plus or any of the upgraded packages that include Dental Plus.
Now let's say that I stay with health insurance. If so and I decided to dedicate 30 years of my life with the feds assuming that interest at 5% compounded monthly, the future value of the $292.50 monthly stream will be:
Future Value = (Monthly Stream) x [(1 + 0.05/12)^(12x30) - 1]/i x (1 + 0.05/12)
= (292.350) x [(1.004167)^360 - 1] / (0.05/12) x (1.004167)
=($292.50) x (1,076.73)
= $314,942.47
If we go with the Basic Health, we pay:
Future Value = $29.95 x 1,076.73 = $32,247.96
Since my health insurance inlcudes prescription coverage, that puts a twist on my computation. So let's use the cost of the Total Health instead. In that case:
Future Value = $39.95 x 1,076.73 = $43,015.22
Since the Total Health includes dental discounts, we need to add the cost of dental insurance, from the last article, which amounted to $62,679.48.
So if you get to enjoy health and dental insurance as a federal government employee who were brainwashed that having both of these provides you with coverage, your total 30-year cost will be:
$314,942.47 + $62,679.48 = $377,621.95
Over the 30-year life, would you rather pay $43,015.22 on AmeriPlan®'s Total Health or rather keep it the way it is by paying a total of $377,621.95? There is a difference of $334,606.73 that you can use throughout that life.
This doesn't account for doctor's and hospital fees which you still have to pay regardless of which one you decide to do.
Well it doesn't take a 13-year old to figure that one out.
In this case, I would choose AmeriPlan® Total Health and pay the $39.95. If I've been hospitalized, I have someone to negotiate the fees I'll have to pay, which I don't mind. If I don't, get hospitalized during that 30 year life, $334,606.73 easily goes down the drain.
Unlike the dental, there are some people who may be hospitalized for any reason, so that number WILL go down. When my daughter, Katherine was born, we were billed by the hospital for about $4,000 and the insurance covered the entire cost. So let'a say that in the 5th year, you had to spend $4,000 on the delivery. At 25 years, here's how much money is deducted from the $334,606.73.
FV = $4,000 x (1 + 0.05/12)^(12*25)
FV = $13,925.16
So your net savings is still $334,606.73 - $13,925.16 = $320,681.57 (still quite a bit of money).
So you can play with the numbers and WITH DISCIPLINE, you will still save around $320K. To me, that's money I can enjoy when I retire. So I suggest you think about this.
If for some reason you decided to go along with AmeriPlan®'s Total Health, go visit http://www.e-dental-plus.com for more information.
Cheers,
Sidney Juachon
sidney@sid.fm
http://sid.fm/benefits
$405 x 26 = $10,530 per year.
If I enjoy these benefits and assuming that I work full time, I would pay:
$135 x 26 = $3,510 per year.
If I divide this by 12 to get the monthly rate, that equates to:
$3,510 / 12 = $292.50
So what I pay an average per month is $292.50. This includes prescription at a substantial rate.
However, I got a letter today from Blue Cross/Blue Shield that Medco Health will handle the prescription starting January 1, 2008. This is the same benefits that we enjoy with AmeriPlan® Dental Plus or any of the upgraded packages that include Dental Plus.
Now let's say that I stay with health insurance. If so and I decided to dedicate 30 years of my life with the feds assuming that interest at 5% compounded monthly, the future value of the $292.50 monthly stream will be:
Future Value = (Monthly Stream) x [(1 + 0.05/12)^(12x30) - 1]/i x (1 + 0.05/12)
= (292.350) x [(1.004167)^360 - 1] / (0.05/12) x (1.004167)
=($292.50) x (1,076.73)
= $314,942.47
If we go with the Basic Health, we pay:
Future Value = $29.95 x 1,076.73 = $32,247.96
Since my health insurance inlcudes prescription coverage, that puts a twist on my computation. So let's use the cost of the Total Health instead. In that case:
Future Value = $39.95 x 1,076.73 = $43,015.22
Since the Total Health includes dental discounts, we need to add the cost of dental insurance, from the last article, which amounted to $62,679.48.
So if you get to enjoy health and dental insurance as a federal government employee who were brainwashed that having both of these provides you with coverage, your total 30-year cost will be:
$314,942.47 + $62,679.48 = $377,621.95
Over the 30-year life, would you rather pay $43,015.22 on AmeriPlan®'s Total Health or rather keep it the way it is by paying a total of $377,621.95? There is a difference of $334,606.73 that you can use throughout that life.
This doesn't account for doctor's and hospital fees which you still have to pay regardless of which one you decide to do.
Well it doesn't take a 13-year old to figure that one out.
In this case, I would choose AmeriPlan® Total Health and pay the $39.95. If I've been hospitalized, I have someone to negotiate the fees I'll have to pay, which I don't mind. If I don't, get hospitalized during that 30 year life, $334,606.73 easily goes down the drain.
Unlike the dental, there are some people who may be hospitalized for any reason, so that number WILL go down. When my daughter, Katherine was born, we were billed by the hospital for about $4,000 and the insurance covered the entire cost. So let'a say that in the 5th year, you had to spend $4,000 on the delivery. At 25 years, here's how much money is deducted from the $334,606.73.
FV = $4,000 x (1 + 0.05/12)^(12*25)
FV = $13,925.16
So your net savings is still $334,606.73 - $13,925.16 = $320,681.57 (still quite a bit of money).
So you can play with the numbers and WITH DISCIPLINE, you will still save around $320K. To me, that's money I can enjoy when I retire. So I suggest you think about this.
If for some reason you decided to go along with AmeriPlan®'s Total Health, go visit http://www.e-dental-plus.com for more information.
Cheers,
Sidney Juachon
sidney@sid.fm
http://sid.fm/benefits
Dec 12, 2007
Traditional Dental Insurance vs. AmeriPlan® Dental Plus
Normally as a self-employed entrepreneur, in order to have dental insurance, you would need to fork out about an average of $225 per month. For the 30-year life of having dental insurance and assuming that the annual inflation rate is 5% and that interest is compounded monthly, the future value (of an annuity due) of that monthly stream is calculated as follows:
Future Value = (Monthly Stream) x [(1 + 0.05/12)^(12x30) - 1]/i x (1 + 0.05/12)
= (225) x (1.004167)^360 - 1) / (0.05/12) x (1.004167)
= $188,038.44
If your job pays for two-thirds of your dental insurance, which is $75/mo for the next 30 years, it will calculate to $62,679.48
Don't forget you need to account for the dental fees. Anything that dental insurance covered that goes over $1,500 for the year comes out of your pocket.
Now tell me, do you save more money when you have dental insurance? Let's see how we compare that with AmeriPlan's® Dental Plus, which is $20 per month. If we take the stream of $20 payments assuming the same situation, it computes to $16,714.53.
We account for the dental fees, and it doesn't matter how many times do you see the dentist.
Well if you're a self employed entrepreneur, you save:
$188,038.44 - $16,714.53 = $171,323.91
If your job pays for it, you would save:
$62,679.48 - $16,714.53 = $45,963.95
One way or the other, you still pay for your dental fees. But what would you rather do? Save $45,963.95, pay for discounted dental fees with AmeriPlan® Dental Plus or pay for dental insurance.
It doesn't take a 13-year old to choose which service would he benefit with.
In this case, he would choose AmeriPlan® Dental Plus. Otherwise, almost $46,000 of your future value money goes down the drain.
Cheers,
Sidney Juachon
I market a program for people who are tired of paying for the outrageous dental fees and dental insurance. Do you know anyone who would like to know about a service like that?
If yes, you can get more information about our dental programs, by going to http://www.mybenefitsplus.com/lesid
Future Value = (Monthly Stream) x [(1 + 0.05/12)^(12x30) - 1]/i x (1 + 0.05/12)
= (225) x (1.004167)^360 - 1) / (0.05/12) x (1.004167)
= $188,038.44
If your job pays for two-thirds of your dental insurance, which is $75/mo for the next 30 years, it will calculate to $62,679.48
Don't forget you need to account for the dental fees. Anything that dental insurance covered that goes over $1,500 for the year comes out of your pocket.
Now tell me, do you save more money when you have dental insurance? Let's see how we compare that with AmeriPlan's® Dental Plus, which is $20 per month. If we take the stream of $20 payments assuming the same situation, it computes to $16,714.53.
We account for the dental fees, and it doesn't matter how many times do you see the dentist.
Well if you're a self employed entrepreneur, you save:
$188,038.44 - $16,714.53 = $171,323.91
If your job pays for it, you would save:
$62,679.48 - $16,714.53 = $45,963.95
One way or the other, you still pay for your dental fees. But what would you rather do? Save $45,963.95, pay for discounted dental fees with AmeriPlan® Dental Plus or pay for dental insurance.
It doesn't take a 13-year old to choose which service would he benefit with.
In this case, he would choose AmeriPlan® Dental Plus. Otherwise, almost $46,000 of your future value money goes down the drain.
Cheers,
Sidney Juachon
I market a program for people who are tired of paying for the outrageous dental fees and dental insurance. Do you know anyone who would like to know about a service like that?
If yes, you can get more information about our dental programs, by going to http://www.mybenefitsplus.com/lesid
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