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Is the amount you pay for health care because of specific issue that you have or is it a regional thing? I've been paying ~$80/month for high-deductible (but 1
by travisp 16y ago
Is the amount you pay for health care because of specific issue that you have or is it a regional thing?
I've been paying ~$80/month for high-deductible (but 100% after the deductible) health care for a few years. My HSA account will now cover my deductible if I ever need it to.
- bartonfink 16y agoNow, yes, but before your HSA was that full, you could be on the hook for a large deductible if something went wrong. Regardless of whether "traditional" insurance is a sensible economic model, staring that deductible in the face before your HSA can cover it is a large incentive for some people to stay with coverage that's a little more comprehensive.
- travisp 16y agoThis is true, but this guy is paying $1000 month in health insurance. The savings would fully cover my deductible in 5 months (assuming such a plan is available in NY). There's no question it would be worth taking the risk, especially because if I truly couldn't afford to pay the deductible and something happened, most hospitals would let me enter into a payment plan and cut the payment.