Employer is changing up Healthcare. Up until now I have had had HMO with FSA.
PLAN A High Deductible Employee + Family
Plan B HMO Employee + Family
The plan network and coverage is essentially the same beyond what is outlined above. I have read through the benefits of HSA and other forum posts.
Background info:
Mid 30s No chronic conditions
maxing out all 403b,457,rothIRAs
Married anticipate starting family in 2021
could afford to max out HSA
It seems like for fairly equal costs I could get a plan with an HSA. Having not gone through birth of a child and costs of kids does the HSA plan make sense?
PLAN A High Deductible Employee + Family
- $2050 less than plan b
- $3300 deductible then 90% co insurance
- No office co pays all 90% co insurance after deductible
- Essentially 90% co insurance across the board
- preventative free
- Has HSA ($600 employer contributions)
- out of pocket max $6600
Plan B HMO Employee + Family
- $2050 More than plan A
- $1000 Deductible then 80% co insurance
- $15 PCP and $40 specialist co pays
- After co pays and deductible Essentially 80% co insurance
- FSA (no contribution by employer)
- out of pocket max $5000
The plan network and coverage is essentially the same beyond what is outlined above. I have read through the benefits of HSA and other forum posts.
Background info:
Mid 30s No chronic conditions
maxing out all 403b,457,rothIRAs
Married anticipate starting family in 2021
could afford to max out HSA
It seems like for fairly equal costs I could get a plan with an HSA. Having not gone through birth of a child and costs of kids does the HSA plan make sense?
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