[bingidingi]

$680 is probably somewhat typical, I pay $1000/mo for family coverage.

It only covers "medically necessary" procedures as deemed by the insurance company (there are some laws requiring certain procedures to be covered). You have to use specific doctors and facilities.

Typically you have a deductible as well. I have to pay $4,000 out of my own pocket before insurance kicks in. Preventative care (check-ups) are usually covered by a co-pay, mine is $30.

There's usually an out-of-pocket maximum you can pay every year (mine is $9,000). That's the real value of the insurance... if you're in a catastrophic event hopefully it caps your costs (but it doesn't always depending on facility, procedures, etc).

Not sure what you mean by excess or value of coverage, but the answer is probably no.

This does not include dental or vision services.

[ChrisRR]

Medically necessary is still a rule in the UK NHS. It doesn't cover cosmetic surgery unless there's a very good reason (like something affecting a person's quality of life)

I think excess is what you call a deductible, as in if I have an accident in my car, I pay for the first £250 and that's the excess.

The value of the coverage is the maximum amount they'll pay out. I don't know if I have that on my car, but my house contents insurance is insured up to a certain value

[gambiting]

I have insurance with Hastings Direct(because they were cheap) and their 3rd party liability maximum is 25 million pounds. When I was with Aviva last year theirs was 20 million.

I pay £300/year to insure my car.

And yeah, excess in US can be crazy I think. We have private health insurance from work and when I had to use it there was a £100 deductible for the year - I thought that was quite steep.

[martin_a]

> I don't know if I have that on my car

This should be fairly standard around the EU. In Germany this is capped at around 1 million, I think.

Which sounds a lot, but bigger accidents can ramp up a lot of costs...