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How does it work with two insurance policies
Posted 15 April 2009 - 09:07 AM
This is what I'm thinking, but I don't know. That is why I'm asking.
orginal amount 20,000
1st insurance, my share would be 3,400 (deductable & out of pocket)
2nd insurance total would be the 3,400
now here is what I don't understand how it works. Would 2nd insurance pay the 3400 in full. Or would I still have to pay the 20% of the 80/20 share? Leaving me to pay 680.00??
Does anyone have any knowledge on how two insurances work?
Posted 15 April 2009 - 05:40 PM
Some insurances will pay the whole amount. it all depends how the second insurance plan is set up.
Posted 15 April 2009 - 05:45 PM
Posted 29 April 2009 - 10:49 PM
Only an approved amount is applied to the deductible, after that's satisfied, then it may be paid at 80% (in network) even higher out of network. When deductible and co-insurance equal the out of pocket maximum, then it's paid at 100%......OF THE ALLOWED AMOUNT for the remainder of the plan year. Hope this helps
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