While I was between jobs, I signed up for a BCBS Carefirst Personal Comp plan with a $1000 deductible. Since me & my wife are 30 and we have 1 daughter, the family plan costs about $350/month.
My new employer only offers one insurance plan, Bluechoice HMO which would cost me about $800/month AFTER the employer contribution. If I don't sign up within 30 days, then I have to wait until next year to enroll.
My family is relatively healthy and we aren't on any prescriptions or treatments currently, however, things like heart disease, high blood pressure, and diabetes do run in my family.
I'm having trouble deciding whether or not the company plan is worth $500 a month more, which is like 1/6th of my salary. Even with the high deductible of the personal comp plan (which maxes out at $2000 for the family), it seems like I am better off with the individual plan which saves me $6000/year.
I've also heard many bad things about HMOs which makes me reluctant to go with them. I realize the HMO covers more things like preventative care and has lower copays and better prescription benefits, but it still seems like it is not worth the cost.
Any inputs or suggestions? Thanks!