Had our benefits conference call today for 2014.
Keep in mind I work for a very large national bank that employs a good amount of part-time workers, mostly bank tellers.
1st: they admitted that part timers would be thrown onto the exchanges.
2nd: not only do our monthly contributions increase but because of the Obummercare mandates & extended coverage, our deductabiles are sky rocketing..this year, deductabile for hubby/I is $500. Next year, $2500.
3rd: to offset higher deductabiles, our company is depositing $ into an HSA for each employee - starting at $500 per individual, $700 for emp-spouse, $900 for family.
I’ve never used a HSA before. Any tips/advice?
Hope & change!!!
>>> I’ve never used a HSA before. Any tips/advice?
yeah... drop your insurance all together, and put all the money that would go towards premiums into it.
You will have FAR more money at the end of the year to cover medical expenses than you will need... and at the very least this will represent far more money than what your insurance will end up providing for you anyway.