I really wish they offered 2 tiers of PPO that includes a mid range option. I may take a look at the more expensive hdhp which it’s deductible is not that much higher than my current ppo. It also has the same 20% coinsurance my current plan has. Premium is very close to the same also. So if I did that one it would come out to 420 per month. If I put the max into the hsa it would be more per month before taking into account coinsurance. I guess I would not have to max it out on that one because the plan would kick in sooner. I guess it really all comes done to betting you won’t have to use it and the money stays in the hsa. If you do have to use it the money goes away pretty quick I would guess.
Sent from my iPhone > On Aug 27, 2019, at 4:09 PM, Dan Penoff via Mercedes <mercedes@okiebenz.com> > wrote: > > And that’s the point my HR benefits buddy was saying - the costs are much the > same, it’s just a matter of whether or not you want to pay up front (PPO) or > pay as you go (HDHP). > > If you pay up front and don’t use the plan, you lose. If you pay as you go, > you bear more of the risk if you do need it, and if you don’t, you come out > ahead. However, next year you might not come out ahead, so it’s really a roll > of the dice. > > -D > >> On Aug 27, 2019, at 5:03 PM, Kaleb Striplin via Mercedes >> <mercedes@okiebenz.com> wrote: >> >> If I do it I would just about half to max out the hsa. I really need to do >> some more math and figure out how much the out of pocket would be if the >> plan was used. I’m starting to think it maybe end up being a wash if you >> actually have to use it before the plan kicks in. >> >> If I’m reading it correctly with it being an unembedded deductible which is >> $6000 family on the cheapest plan. With company contribution that comes to >> $7k a year so that would leave $1k left for the coinsurance. >> >> Sent from my iPhone >> >>> On Aug 27, 2019, at 3:30 PM, Mitch Haley via Mercedes >>> <mercedes@okiebenz.com> wrote: >>> >>> Kaleb intends to max out his HSA limit, which will eventually cover the >>> deductibles, but not if a big payout happens in the first month. >>> >>> I wonder if "50% off" is more or less than the insurance negotiated rates? >>> >>> Mitch. >>> >>>> On August 27, 2019 at 9:12 AM Dan Penoff via Mercedes >>>> <mercedes@okiebenz.com> wrote: >>>> >>>> >>>> I’ve mentioned this before, but I’ll say it again: >>>> >>>> When the wife was going in for one of her cancer surgeries, I was sitting >>>> at the desk in admitting and saw a sign on the desk. It said if you didn’t >>>> have insurance they would discount the bill 40% if you paid it within 30 >>>> days. If you paid it in 15 days or less, they would give you a 50% >>>> discount. >>> >>> _______________________________________ >>> 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 >>> >> >> >> _______________________________________ >> 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 >> > > > _______________________________________ > 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 > _______________________________________ 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
