What is the upside to having a high deductible?

What is the upside to having a high deductible?

For most people, the most appealing aspect of an HDHP is the low monthly premium. Because the deductibles are high, its monthly premiums are lower than plans with low deductibles and low out-of-pocket maximums. An out-of-pocket maximum is the most you’ll have to pay during your coverage year. 4 days ago

Where do insurance companies get money?

Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets.

How much does Norris have to pay?

How much do the 2021 Formula 1 drivers earn? Pos Driver Salary (USD) – Kimi Raikkonen $10m 11 Sergio Perez $8m 12 Lando Norris $5m – Esteban Ocon $5m 16 more rows • Jul 20, 2021