Comments on: Help! Health insurance – Blue Cross PPO, or Blue Cross HSA?

By: nc

nc — Sun, 07 Mar 2010 01:40:08 +0000

Thanks for the opinion Roland.. I think. ;)

By: Roland

Roland — Sat, 06 Mar 2010 13:21:18 +0000

nc you come off as pompous. Your posts appear to be boastful of your current medical situation and ability to easily cover your deductible. I’m sure that your arrogance rubs those around you the wrong way, perhaps you should ask them about it if you don’t believe me.

By: nc

nc — Tue, 05 Jan 2010 02:17:21 +0000

Indeed it is helpful, thanks!

I am saving nearly $2000/yr in premiums, and our deductible is only $3000, so hoping it will work in our favor. ;)

By: Chuck

Chuck — Tue, 05 Jan 2010 02:09:52 +0000

Hey just to add my $.02 – I have a wife and son (now 19) on our HSA that we’ve been on since 2006 and it was working great as all 3 of us are in decent health – my employee put in $1800 per yr and we were spending mostly less than $1000/yr on medical – so we were saving around $800 or more per yr – that was until our son was snow boarding and came down wrong – just broke a bone in his left hand – 2 ERs, then surgery – followed by another since the first didn’t take and now therapy. Needless to say our $5200 max was drained nearly instantly. I switched back to PPO since the deductible is going from $5200/yr for family to $7000 and the Premium that comes out of my check is really no different from the PPO – so esp since I have an active 19 yr old – I’m going the safe route – PPO – until it us just wife and I , I think PPO is the best choice – it only takes 1 significant exp for PPO to be worth it – hope this is helpful

By: why i made a “stupid” financial move – intentionally

why i made a “stupid” financial move – intentionally — Mon, 23 Nov 2009 17:33:12 +0000

[...] my previous post, I mentioned that we were debating making the switch from a PPO to an HSA. Thanks to all who [...]

By: nc

nc — Mon, 16 Nov 2009 20:00:49 +0000

We decided to go with the HSA.. here’s hoping it was a good decision! ;)

By: nc

nc — Fri, 06 Nov 2009 19:15:55 +0000

@Jason ah, yeah, good point.. I always forget about the payment option.. thanks!

By: Jason Tait

Jason Tait — Fri, 06 Nov 2009 19:13:29 +0000

we switched to an HSA last year and have not had any problems. I am not sure what your plan says but typically most preventitive care is covered. Even if something bad happens right away most places will let you make payments of you can’t cover the cost up front. if you have other questions youknow how to find us.

By: nc

nc — Fri, 06 Nov 2009 19:12:05 +0000

@amanda Thanks! That’s pretty much what I’ve been thinking… so I can actually have them drop 3k in the account right away and do payroll deductions for it throughout the year – that would be friggin COOL.

Thanks!

By: amanda laughton

amanda laughton — Fri, 06 Nov 2009 19:04:25 +0000

IMHO the HSA will be a better bet in the long run, I would suggest a health savings account if your work offers one,that will then take the 3000 out of pocket, and take it out over all your paychecks for the year, but allowing you the full 3000 upfront. I spent a TON on money on medical each year, and hitting that out of pocket is a huge stress reduction for me at least. I hit my out of pocket by about May normally.