I've been going through older posts on the subject but was hoping I could get some feedback regarding the specifics of the two plans I've narrowed down to.
PPO vs HDHP HSA $1,500 vs $5,000 deductible $3,500 vs $6,450 out of pocket max $2,171 vs $1,796 yearly premium cost
No employer contribution to the HSA as far as I know.
In the listing of common medical events, the HDHP shows no charge for just about everything while the PPO show's copay (between $15 to $150) and 20% coinsurance.
I'm in my 20s and have had no serious medical conditions so far.
I get that if I continue to have good health, the money I invest in the HSA can become a nice nest egg over time. However, the main thing holding me back from going with the HDHP HSA is that I already save quite a bit into my 401k and IRA. I don't need any more money going into tax advantaged investments that I can't touch. I've been investing money in my taxable brokerage account with the intentions of using it within 5-10 years.
Submitted September 08, 2017 at 11:01AM by burnedoutStaff http://ift.tt/2vSXVPf
