3 ms·

Similar experience for me. Had insurance I was happy with. Had the plan forcefully cancelled out from under me. Then found less benefits for more money. Now I c

• tptacek 12y ago
  If you're young and relatively healthy and you're not paying out of pocket for at least most of your first year's worth of medical expenses, you're paying too much in insurance premiums. You want an HSA-qualifying high deductible plan, and you want to manage the pool of money that finances the deductible yourself, rather than signing it over to an insurer as a higher premium every month.
  • snuxoll 12y ago
    This. I'm only saving $100 gross per month right now by getting a HDHP+HSA through my employer, but they also contribute a sizable portion to my HSA each month for the cost they save. Assuming nothing catastrophic happens in the next few years, I will have a sizable pool of money set aside in my HSA earning interest, and I can choose to lower my monthly cost at that point if I want. I should point out that I am also married and have a single child, since routine care is covered even under HDHP thanks to the ACA I don't expect to need to spend much out of my HSA unless something major happens.