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This board has saved me $500/month

Advanced Member

I managed to save $500/month by reading this board! It's in regards to health insurance. I was paying $648 through my employer for health insurance for a family of 4. The insurance happened to be BCBS. I read a post that this particular insurance was not the best in the VI for various reasons so I PM's HipCrip for her advice and I made one phone call to an insurance company. I found a $500 dectible policy through Amadex for my family of 4 for $305/month. Ok, if you do the math, that doesn't equal a savings of $500.....but since I'm not using my company's insurance they are giving me $198/month to spend towards my private insurance. Ok, now for the math. $648 - $305 = $343 + $198 = $541.

My total monthly savings $541/month. Thanks HipCrip and the VI Relocation Board! I have bought private insurance before back in the states. It was much more expensive than $305/month and basically was only good for catastrophic problems because the deductible was thousands of dollars. I was told by the insurance agents that the VI government puts a limit on what the premiums can be. Thanks VI Government!

Ok, so now I can put insurance on my short list of things that are cheaper in the VI.

1. Health Insurance
2. Cigarettes
3. Booze
4. Entertainment

Topic starter Posted : August 17, 2006 4:31 pm

Hi Melissa, Can I get that phone number for Amadex? Thanks

Posted : August 21, 2006 12:31 am
Trusted Member

I would like it, also, to add to my list of info to have on hand for the many people who ask about health insurance as well as houses for sale.

Posted : August 21, 2006 12:40 am
Advanced Member

Sure, the company I got it through is called American Medical. Their phone number is 340-773-8658.

Topic starter Posted : August 21, 2006 2:01 am
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