I have calculated hmo vs high deductible and hsa for about every situation

Dec 17, 2024
6:57:37am

BYU '80 Intervention Needed

That has happened or could happen and at least with my employers the high deductible was always better if you get an employer match. The additional tax free set aside is also helpful.

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BYU '80

Bio page: BYU '80
Joined: Jan 11, 2006
Last login: Dec 17, 2024
Total posts: 55,742 (151 FO)

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Messages

Author

Time

Kyle Collinsworth has lost it

Parker Schnabel

Dec 16, 11:15pm

Someone should tell him about taxes. Imagine how much he can save by not paying

cougaman

Dec 16, 11:18pm

And car insurance! I haven’t been in an accident for over twenty years. What a scam

BYU Grounds

6:48am

Wow. And I thought his take on sunscreen was bad.

Ted Lasso

Dec 16, 11:21pm

I haven’t had it for 7 years… Christian health share much better if you

Blue chunks

Dec 16, 11:22pm

We got hosed doing this one year

grosven

Dec 16, 11:25pm

Bummer! What happened? Dang 6 figures!

Blue chunks

Dec 16, 11:36pm

4 hospital emergencies, 2 surgeries. 1 adolescent behavioral incident

grosven

8:30am

That's insurance with a different name

JuicyJam

Dec 16, 11:29pm

It’s technically not true insurance.

rainorsnow

12:01am

Health insurance is not true insurance. It’s like paying for oil changes

BYU '80

6:48am

We had liberty health share for years and realized they were embezzling money

karatekid

2:10am

Liberty cleaned it up. I am not defending what happened at all. I was affected

Iman23

7:24am

We actually finally got our last paybacks from liberty health share this year

Dat_rmishner

8:41am

I had Christian Health Care Ministries for 8+ years and they cost me $25k

BYULAWGUY

4:57am

Until they find out you're not Christian and kick you out

sah22

5:08am

Yes Medishare thinks we’re not Christian. I flat out asked them and when I said

Blue chunks

6:57am

If you don’t mind lousy coverage

BYU '80

6:47am

We did this for a few years and are so glad to be done with it. They are pretty terrible.

byujacob

6:53am

Since the laws changed to require insurers to accept anybody and eliminate

DirtyWater

Dec 16, 11:27pm

I went without for a couple years. Not worth the $20k+ per year premium

MHOP

Dec 16, 11:30pm

You can get off market insurance for much less and/or accident protection.

SoValleyCOUG

7:57am

Depends on how much you have in the bank.

The 435

Dec 16, 11:31pm

Dude has no clue what an out of pocket maximum is. It’s not a scam if you

rainorsnow

Dec 16, 11:47pm

Or catastrophic.

Soupie

Dec 16, 11:50pm

HSA if healthy. HMO if you plan to use it.

CougieMcCougFace

12:51am

Cancer can happen to anyone. Get even the cheapest one through work or on the

rainorsnow

12:56am

Both of those are insurance

CougieMcCougFace

1:24am

HSA is a savings account. Unless you mean HSA WITH an insurance policy/plan.

rainorsnow

1:26am

Yes - You have to have a high deductible plan with an HSA

CougieMcCougFace

1:28am

The plans my work offers, there is practically no circumstance where the HMO is worth it over the high deductible plan.

Radioactive Coug

1:01am

Yeah, this is usually the case. The high deductible plans make the most sense

rainorsnow

1:39am

I have calculated hmo vs high deductible and hsa for about every situation

BYU '80

6:57am

We don’t get a match on HSA.

CougieMcCougFace

7:54am

Pretty good wellness benefit

BYU '80

8:32am

I have not had health insurance for 30 years

Norge Coug

3:46am

How much do you pay in taxes?

IronPotato

4:46am

RE: How much do you pay in taxes?

sah22

5:11am

The average tax burden in Norway is only like 8% more than the US

NGB

5:17am

Except that Norway is essentially compared to a single state in the US

nephicoug

5:55am

America is a far more diverse country at every level. We could learn something I'm sure but we have much more

Colorado

6:07am

Sounds cold

Sea Chicken

4:57am

I’ve heard good things about Norway.

eysikal

6:04am

Just checked. Sunrise 9:16 am. Sunset 3:10 pm today? Yikes. I think I’m out.

eysikal

6:07am

Norway exports 1.7M bpd of crude oil for a country of 5.5M people

AggieWeekendCougar

6:08am

Norway is a spec on the map. Not comparable to the US. Homogenous population in every sense. Shared cultural values. You

Haysom Till

6:52am

Didn't take very long for BuT tHe ImIgRaNtS to come out

NGB

11:07am

This is such an apples to oranges comparison.

Jelly Man

6:58am

To me, the most pathetic thing is drugs made in America are sold for more here

Zoobieman

8:07am

Loved him as a player, but he's full of moronic ideas.

NGB

5:06am

Not sure his family status, but this might be true for a young healthy person

zerome4sooners

5:19am

It is a scam. Profits over coverage. He’s not wrong.

Haysom Till

6:57am

The average health insurer has 2-4% profit margins.

BYU '80

7:03am

Insurers 100% do try and screw people over pretty non-stop. I work directly in this field. It’s a total cluster. They’ve

Haysom Till

9:15am

You could always start an insurance company and undercut everyone else.

rainorsnow

7:06am

Been paying $24K/yr (including employer contrib) for a high deductible/HSA family plan

Bobber

7:06am

The insurance company has already negotiated the prices. When you look at a stmt

rainorsnow

7:13am

Yes, but those paying cash aren't paying the full charged amount either. In...

CougaReb

7:25am

You can't use a tax-privileged HSA without having Obama-approved insurance

Bobber

7:30am

True, but the point of investing to self insure instead of paying premiums...

CougaReb

7:35am

RE: Been paying $24K/yr (including employer contrib) for a high deductible/HSA

Pack4

11:53am

Man that sucks. How much are you paying alone?

eysikal

12:18pm

RE: Man that sucks. How much are you paying alone?

Pack4

12:41pm

People hate insurance until they need it.

SoValleyCOUG

9:39am

^THIS^

zerome4sooners

12:17pm

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