On Mon, 26 Aug 2019 19:49:22 -0500 "Kaleb C. Striplin via Mercedes" <mercedes@okiebenz.com> wrote:
> What are the thoughts on an employer PPO plan as opposed to a HDHP. > Let's say a PPO family plan has a $500 individual, $1000 family > deductible. Out of pocket max is $2500/$5000. Coinsurance is $15 for > doctor visits and other items are 10% after deductible is met. > Prescriptions are What? > Cost for PPO is $825/month. > HDHP #1 is $2000/$2700 deductible with $4000/$8000 out of pocket. HDHP > #2 is $3000/$6000 deductible with $6000/$12000 out of pocket. Cost for > care is 20% for everything after deductible is met including > prescriptions. For both HDHP's? > HDHP #1 is $420 per month. > HDHP #2 is $165 a month. > > If going with HDHP plan you can setup a HSA with a max contribution of > $5k per year with a $2k employer contribution. Is the employer contribution independent of what you contribute? > My thought is you would [go] with the lowest cost option and put in the > max $5k per year, broken out per month you would be at around $243 less Than what? > per month. Plus the $416 or so you put in would stay in the account > and roll over year to year as opposed to paying it out in premiums. > Problem is if you have something come up you would have to cover it out > of pocket and hopefully have enough in the HSA at the time. Other > problem is if you have expensive prescriptions on a monthly basis. > > Anybody been down this road before? Sort of ... Craig _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
