on October 30, 2025, 12:22:44, in reply to "Companies are also lazy and will offer plans that no one should take."
Do think there is some company $ put towards the HDHP HSA, unsure of the amount.
Previous Message
I had a buddy ask me for a sanity check on PPO vs high deductible plan.
There was no combination of factors that made the PPO the right choice.
PPO had $4K more in premiums.
He got $1K from his company towards HSA in HDHP
The difference in the deductible was $2K.
The out of pocket maximums were the same.
Unless someone can tell me something I’m missing, it’s wild that their company even offered the two.
Previous Message
max out of pocket, and what services you typically use throughout the year.
It’s a simple calculation from there that AI could easily help you with.
For instance, the HDHP is going to be cheaper for us in a pregnancy year than the PPO, due to the sky high premiums for the PPO. Which was counterintuitive when I began looking into it since it’s going to be a high usage year. Previous Message
Anyone know of a good calculator to compare past costs to see which plan we'd be better off with? (Not certain our plan selection website has one.)
Also, reasons why we haven't switched...
1) I'm risk adverse.
2) I'm getting old.
3) Don't recall premium savings being that much. Maybe $1500 to $2000 a year for family coverage.
4) We have several hundred dollars of labs drawn annually which end up just a $25 to $30 co-pay. This year a daughter had a few thousand in labs drawn that ended up costing a few hundred. If it would have all been out of pocket with a HDHP, we easily made up the premium difference.
5) We don't (can't) max out our 401(k)s & Roth IRAs as it is. No way we'd be able to take advantage of maxing out a HSA to use as an IRA.
6) In the past with the PPO we had a pre-tax savings from the plan that had to spent on healthcare. Catch was it was capped and had to be used in that calendar year. Now, it appears we may have an HSA (at least that what it's called) even with our PPO. Probably will not get the potential retirement savings, but still will have pre-tax savings that can be spent on healthcare.
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