Insurance question...advice

JakesBride07

Ok so here's the deal...

I currently carry coverage for me and DH. IF coverage under my plan consists of 100% coverage from diagnosis up to lifetime max of 3 IUI's period.

DH's new insurance will cover at 100% up to $25,000 lifetime max, including IVF and their IUI coverage stats 3 per live birth.

Cost wise they are about the same.

My question is should we a) keep my insurance and use those three attempts...which would tenitivly be July, August and Sept (worst case senerio). b) pick up DH's insurance AND keep mine until we've used those three attempts under mine then drop mine/keep DH's. or d) take DH's, drop mine and then go to IVF (so that we don't use that $25000 on IUI and then OOP for IVF, if need be.) ?????

Romeo&Denise

Personally if it were me, I would do option B. Pay for both insurance plans, use the 3IUIs then cancel my own insurance, and stay on DH's plan to use the IVF coverage (hopefully you won't need to).

However, this is also my decision in hindsight (knowing that IUI didn't work for us, and now knowing we have to move on to IVF).

GL with your decisions! 

*kendrick*

When is open enrollment at each company? You cannot just drop one policy and pick up a new one at will, unfortunatley.  You have to have a "qualifying event" (like losing--not just dropping--previous coverage) or open enrollment. 

Does DH's company have a waiting period for IF benefits?

miesl

Do you have a reasonable chance with IUI?  When can your DH get covered under his, and when would the next open enrollment be?

LuvWIfootball

Romeo&Denise:

Personally if it were me, I would do option B. Pay for both insurance plans, use the 3IUIs then cancel my own insurance, and stay on DH's plan to use the IVF coverage (hopefully you won't need to).

However, this is also my decision in hindsight (knowing that IUI didn't work for us, and now knowing we have to move on to IVF).

GL with your decisions! 

I'd also keep both, using yours first.  But another bumpie made a good point, you will need to consider the open enrollment period for both, whether dropping or adding coverage.

JakesBride07

To answer the other bumpies...

DH is eligable for his benefits ASAP (we have 30 days to decide) because he just started with this company and that was part of his hire package. Coverage would be effective as of date of hire. If we waive coverage then we would have to wait until October, and then I don't think it goes into effect until January.

I still have my coverage, but open enrollment for me is December.

And we can also certainly afford to carry both if need be.