Cost Difference: HMO vs. HDP

HMO or HDP? COST DIFFERENCE BETWEEN HMO AND HDP - FT (100%) PREMIUMS DEDUCTIBLES TOTAL COST DIFFERENCE HMO Cost per Pay Period HMO Cost per Annum (26 pay periods) HDP Cost per Pay Period HDP Cost per Annum (26 pay periods) Difference HMO vs HDP per Annum Deductible per Annum HMO / HDP Difference per Annum Premium and Deductible Cost Difference per Annum Individual $109.37 $2,844 $90.98 $2,365 $478.20 more for the HMO $500 / $750 $250 HDP more than HMO $478.20 - $250 = $228.20 SAVINGS WITH HDP Two -Party $267.71 $6,960 $235.57 $6,125 $835.55 more for the HMO $1,000 / $1,500 $500 HDP more than HMO $835.55 - $500 = $335.55 SAVINGS WITH HDP Family $326.35 $8,485 $271.47 $7,058 $1,426.98 more for the HMO $1,000 / $1,500 $500 HDP more than HMO $1,426.98 - $500 = $926.98 SAVINGS WITH HDP Total savings with HDP per annum for PT (50 -79%) = $216.11 for Individual, $585.57 for Two -Party & $1,263.48 for Family Total savings with HDP per annum for PT (80 -99%) = $132.44 for Individual, $394.90 for Two -Party & $1,002.11 for Family