Quote:
Originally Posted by Belmont Resident
HSA health saving account. The money goes in to an account pretax up to I believe 5K a year to be used only for medical. Co-pays, drugs, prepay for doctors work then get reimbursed. I pays down the out of pocket before our full coverage kicks in and pays at 100%.
|
Thank you.
Having a High-Deductible Health Plan like that must make people more aware of cost associated with health-care and make them better informed consumers, i.e., shop for better prices, use generic drugs, seek out free preventive services, etc.
The simple act of putting the dollars in the hands of individual consumers is the thing that probably create Health Care behavioral changes.
The plan looks good to me.