Out of Pocket Protection

I have great health insurance, why do I need an Out Of Pocket Protection plan? Well, you could be like the millions of Americans who have high deductibles and copays. Or maybe you are self-employed and if you had a hospital stay, it would cost you in loss of revenue. Here is one of the possible scenarios. Let’s say that you are hospitilized for three days due to surgery. You had chosen the $6,350 payout plus the $200 per day stay add on. After you submit your claim you would get a check for the lump sum plus $600 for the 3 days spent in the hospital. Let’s say that after your insurance covered everything, your bill came out $2,300. That would mean that you would have $4650 in cash leftover after you paid the hospital bill. What could you do with that extra cash? Whatever you want! So don’t sleep on this little gem of a plan! You never know how it could benefit you!