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Need answers on Health insurance question by morning?

I unfortunately missed out on our health insurance meeting and I have to have my papers in by morning (Actually today, they let me slide) I have a high deductible like we all do right now. But I am having issues understanding the "Maximum out of pocket" term. So here are my options (please spare me the grief on my high rates) Plan A: Deductible $4000 Plan B: $1500 (family) Plan A: Coinsurance 100% Plan B: 80% Plan A: Lifetime Maximum $5,000,000 Plan B: same Plan A: Max Out Of Pocket $8000 Plan B: $6000 The rest I get, and I also under stand the $5,000,000 Cap . But does the Max Out Of Pocket mean on Plan B: that I will only ever have to pay $6000 even if I have a $2,000,000 medical bill for one year? All of the above were "in network" So I need as easy of a definition as possible so I can sign my life away and hand these in the morning. Thanks TJ

Public Comments

1. yes, but that applies to every year.
2. Well, have you tried calling a Health Insurance company? Just look in the yellow pages and find a toll free number for a health insurance company who is open right now and i am pretty sure they will be glad to answer any questions you may have.
3. you will never put out anymore than 8 or 6000 in a calander year. i would go with plan B myself only cause the deductible on plan A is off the charts.
4. You appear to have high deductibles regardless. Not much choice. Good news is you can still supplement either plan with the first dollar coverage through My Simple Card. There are no deductibles involved here. Also there are no caps or lifetime maximums.