New answers tagged

6

Note: I initially assumed that you were seeking a refund from your old insurance company, and my original answer is shown first. Below that, I have added a new section to address the clarification that you are seeking a refund from the new insurance company. Also, please understand that I am not necessarily an expert in health insurance, so my answer below ...


1

You are on the right track for this analysis. Everyone’s medical situation is different, so you need to look at your own family’s medical situation and try to see which plan is best for the most likely scenarios. There are a couple of things that I’ve seen people commonly miss with this type of comparison, but it looks like you’ve considered both of them. ...


3

It's not your root question, but be sure not to ignore the HSA match you get with the HDHP. Yes, you might pay an additional $1,000 in deductibles over the year, but you are eligible for a $500 match, plus your contributions are tax-free. So depending on the difference in premiums, the HDHP still might be a better deal, since you've only got $500 to make up ...


4

In order to be considered an HSA-compatible High Deductible Health Plan, there are very specific features that a health plan needs to have (or not have). Since you have two options, and only one is labeled as “HDHP with HSA option,” it is most likely that the other plan is not compatible with HSA eligibility. The feature that usually trips up “PPO” plans ...


Top 50 recent answers are included