My wife is two month pregnant and I will join Microsoft next week. Which one of the two MSFT options are best for pregnancy. Will it be treated as pre-existing condition and excluded for claim? Thanks for answering.
- None of Microsoft’s health insurance options require employees to pay any of the premiums.
The Premera option has a deductible, then 10% coinsurance up to a limit, then everything is covered. There’s no copay.
You also get an HSA and Microsoft contributes an amount slightly less than the deductible to it.
For a single person the deductible is $1500, and the coinsurance is $1000. You get $1000 free in your HSA. So out of pocket max is $1500/yr which you can pay with pretax voluntary contributions to your HSA.
Premera doesn’t cover out of network at 100%, but I believe they do once you hit the out of pocket max.
- The only thing that I didn't catch about the HSA. Is it's proated depending on when you join. So I joined early January so I didn't get a lump sum for the first of year. The 2nd portion comes in July. The HSA takes effect a month after you join so while you still are covered you will have some bills out of pocket. They would be deductible tax wise since you can't use HSA reimbursement.6d0