Hello everyone I have some questions that I am hoping I can get some help with. I currently have insurance through my employer. I make around 65k a year and my premiums for medical are close to $700 a month. This is for me 33M my wife 23F and 4 kids 14, 5, 3, and 1.

Current breakdown We have a $12,000 out of pocket maximum. This year we have paid about $7500. What is confusing me is that we have a $5,000 family deductible, and a $5,000 deductible for each person. Why are these different? We have met the family deductible but none of the individuals have been met. When we need a dr appt the drs say that both have to be met in order to pay less for appts. So we still have to pay full price for sick visits and we’ll visits. The insurance is 70/30 once the deductibles have been met. No co-pay options.

Where can I find options? What are some better options for insurance coverage? Where can I find plans and prices to review? What should I look for other than co-pays and deductibles?

What if I just cancel my insurance and put the money in a savings account to pay for visits? My only concern is if someone gets diagnosed with something terrible and there’s no insurance to help out. With standard care we have to pay for all of it out of pocket anyways.

Any help would be appreciated thank you for reading through this.