Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bitt

The HSA or HRA account which are similar would be major steps forward to lower the cost of healthcare.

My wife and I have had an HSA account for 15-20 years now, we have accumulated over $50,000 in the account tax free and tax free from any interest it earns.

We combine that with a high deductible policy and pay under $700/month for insurance, the deductible is $5000 but you can pay that out of the HSA account.

5 years ago I had hip replacement surgery and paid the $5000 deductible and never saw another bill.

I also take on prescription for blood pressure and pay $5/month because of the drug price my insurance company has negotiated..

Plus, if you leave your current job or get laid off, you can keep your insurance


12 posted on 06/19/2019 10:27:20 AM PDT by srmanuel
[ Post Reply | Private Reply | To 1 | View Replies ]


To: srmanuel

Where do you get an HSA?


16 posted on 06/19/2019 10:38:59 AM PDT by US_MilitaryRules (I'm not tired of Winning yet! Please, continue on!)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson