I Was Just Told “You would not have made it through the weekend”

Re:I Was Just Told “You would not have made it through the w... by travisp on Tuesday January 31, 2012 @09:07AM (#3533239)

I am 27, so my case might not apply to older people. However, for me in the US, I pay approximately $85/month for a high deductible plan as an individual. I am stuck with the first $5,000/year of medical expenses, of which in most years I only spend around $100-$200 for a checkup and labs, but I am covered 100% after that.

However, I can put $3,100/year into a HSA account. I immediately get to deduct the amount I put in from my taxes (which for someone with an income just about pays for the insurance), and I can grow it in the HSA and not pay any taxes on withdrawal if I use it for medical expenses (works kind of like a super IRA).

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Re:I Was Just Told “You would not have made it through the w... by Jacquass12321 on Tuesday January 31, 2012 @09:57AM (#3533467)

Is your employer covering part of the cost? My insurance for just myself is 70-80 a month, while my employer covers another 250 a month. If I had a full family plan it would be 250 a month for me and 750 for the company. This is for a relatively standard 2000(individual)/4000(family) high deductible plan. I wouldn't think our different deductibles would save you that much money, but perhaps.

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Re:I Was Just Told “You would not have made it through the w... by travisp on Tuesday January 31, 2012 @10:18AM (#3533569)

No, I don't have an employer covering my cost. The full cost for my $5000 high deductible individual plan is $85/month.

Perhaps the difference is that my plan was purchased in Illinois (Blue Cross Blue Shield of Illinois). I know state mandates can significantly change the cost of insurance.

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