Submitted by Subliminallly_cool t3_127nqkl in personalfinance
shadow_chance t1_jeftqgq wrote
The HDHP wins because you're saving 4200 $3644 in premiums/employer HSA contributions and $3644 is way more than the OOP max differential.
Subliminallly_cool OP t1_jefugml wrote
Sorry can you elaborate?
shadow_chance t1_jefw5ir wrote
Sorry I did the math wrong but it's still the overall right answer.
Before you even use any healthcare, you're saving $1844/year in paycheck premiums. Then your employer is giving you $1800/year in HSA contributions.
So you're up $3644 before you ever see a doctor.
In 2024 99% % chance to hit your OOP max. So on the HDHP you're going to pay $3360 in premiums and $6800 for care. Minus the $1800 you got from your employer. Total spend $8,360.
If you take the PPO, total spend $12,204.
The math may be different for 2023 since you won't hit your OPP max most likely but I sort of doubt it. The premium savings and HSA contribution will cover a good chunk of regular medical you care you may get before you're pregnant.
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