is it possible to have two insurance plans?

Question

okay, i am wondering if its possible to have two insurance plans because im thinking about getting a 2nd job, and i want to apply for health benefits at the 2nd job because if i happened to ditch my first job, i will still have insurance coverage.

Answer 1

It all depends on how the policy is written. Sometimes when you have the 1st the 2nd will not pay or pay all. You can't expect both of them to pay. So if that is the case then you are putting $ into something useless. If you have that extra $(premiums due on the 2nd if you have to pay - put that $ into a savings account.
If you do quit the 1st job can't you then sign up for insurance with the 2nd? Find out the details on the 2nd and when the enrollment period would end for that 2nd job first before you make a decision.

Answer 2

Yes, you can have 2 insurance plans. One will pay what the other does not and if you quit your 1st job that will be good back-up.

Answer 3

Yes I believe you can. Just like you can buy insurance plus have it with your job or like when a child is covered by both parent's insurance.

Answer 4

You can have all the plans you want. But usually only one company will pay out benefits for the same claim.

Answer 5

Sure, but that means you're paying twice . . . it's not going to eliminate your deductibles and copays, and could create problems with each insurance company saying the claim should be paid by the other.

Answer 6

Yes. However, it is very difficult to determine which plan must pay for which medical care, and it may result in greater out-of-pocket cost to you, if neither plan pays for something, because they each say that the other should pay.

Answer 7

yes you can if you have a claim both policys will contribuite in the case of property insurance in the case of helth insurance they stack (you get both limits)