It’s open enrollment time in a couple of weeks. We got notification that our plans and premiums aren’t changing at all for 2012. No increases in premiums, and they’re actually lowering co-pays and out-of-pocket maximums. This is way against the trend of what most people are seeing, but keep in mind that they raised premiums on average of 30% last year and doubled co-pays, and I think the backlash was severe enough that they realized another increase might incite a revolt.
We briefly considered the High Deductible (HDHP) plan for 2011, but we ended up going with a traditional plan due to the fact that we knew we were having a baby and would require the use of quite a bit of insurance. The estimates I ran last year showed that the potential savings of using the HDHP was only a couple of hundred dollars, where if anything went wrong, the risk was a lot higher.