When looking for Kaiser Permanente medical insurance plans in Colorado, there are some key things to consider in order to find the right plan for you and your family.

1. Do you want a plan without a deductible?
If you don’t want a plan with a deductible, then you would want to go with the $35 Copayment Plan. There are three copayment plans offered for Colorado individuals, but the other two plans offer less coverage and the rates are usually about the same. The $35 Copayment Plan includes prescription drug coverage, doctor visits for a copayment of $35 and a fairly low out-of-pocket maximum ($3,000 for individual/$7,500 for family).

2. Do you want a plan with a low out-of-pocket maximum?
If you’re like me, you really want to know what your worst case scenario would be in one year. I ask certain questions. What if I had to have surgery or I was hospitalized for a long time? I don’t mind covering the small stuff out of my own pocket, but I want to know that if something terrible happens, I’m not going to get wiped out financially. If you’re in this scenario, I highly recommend the $2,000 Deductible Plan with HSA. This plan has the lowest out-of-pocket maximum of all the plans. After you pay out $2,000 in one year, you have 100% coverage for the rest of the year. That means that for the rest of the year you only have to pay your monthly premium, and everything else is covered for free. I like that!

3. Are you looking for a cheap health insurance plan?
If you just want a low monthly premium on your medical insurance plan, there are a couple ways you can go. The cheapest health plan is the $5,000 Deductible Plan without Rx. This plan covers doctor visits right away for $30, which is really nice. You get such a low premium because there is no prescription drug coverage and because the deductible and out-of-pocket maximum are so high. However, if you really want prescription drug coverage, for a little bit more on your monthly premium, you can bump up your plan selection to the $3,000 Deductible Plan. Another option is to get the $5,000 Deductible Plan with HSA. This plan is around the same price as the two I just mentioned, but it has a lower out-of-pocket maximum by far. Once you reach $5,000 in one year, you have 100% coverage for the rest of the year, and you have the option of opening a health savings account which allows you to deduct many of your medical expenses from your federal taxes.