Unbiased Analysis of Today's Healthcare Issues

Which plan is better?

Written By: Jason Shafrin - Dec• 21•13

Question: A person is considering two insurance plans. The first plan has a $5,000 deductible and a $5,000 maximum allowable out-of-pocket expense limit. The second plan has a $3,000 deductible, a 20% coinsurance rate, and a $9,000 out-of-pocket expense limit.

Which plan is better? The answer of course depends on your expected health expenditures and your risk tolerances. If you want to find the answer (and refresh your math skills) DailyMathProblem provides the answer.

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