If you are healthy and do not have an accident that requires extensive medical care, you may never have to give a thought to the Annual Out-of-Pocket Maximum guideline on your health insurance policy. But, what if your medical bills for the calendar year add up to tens of thousands of dollars or more? For instance, for a one night stay after surgery to insert a metal rod into his broken leg; our client's bill for his hospital stay alone was over $20,000 dollars! Under your plan, how much of a bill like that would you be responsible for?This is where the Annual Out-of-Pocket Maximum comes into play:This guideline refers to the maximum amount of health care costs that you have to pay for with your own money in a calendar year. With a deductible plan, all services count towards this dollar amount. However, while coinsurance and co-payments are usually .. more >>

Thomas Mahoney, a 21-year-old uninsured network engineer & a part-time student of Dublin, Ga., has become a patient of epileptic seizure last December who eventually lost his health insurance at the age of 19. He was no longer eligible for coverage under his father's policy because he wasn't a full-time student.Almost all states that regulate insurance plans for small- and medium-sized employers, fix a maximum age limit for coverage of dependent children. This limit is usually 19 for non-student and 23 for full-time college students.Mahoney is one of 13 million plus people between the ages of 19 to 29 without health coverage. Many are just starting out in their careers who never had a serious health problem so far. Some people term this age group as all-resistance to major diseases and care nothing if they have health coverage or not. But unexpected does happen. A good example is Thomas Mahoney.States .. more >>