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trutheality t1_iyaeohu wrote

Yeah, your PPO and HDHP are priced unusually closely. With my employer the difference between them is $60 per month.

Is there an employer contribution? That could make up the difference. Also, if you can knock yourself into a lower tax bracket by contributing more to the HSA that could be worth something. Otherwise, I agree with your assessment.

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edamommy_ t1_iyafyca wrote

Same. For a family, our PPO premium increase almost entirely equals the difference in the out of pocket maximums. So even if you max out our HDHP, you still basically break even with the PPO premiums. PPO only makes sense for people at my company who see out of network specialists.

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trilliumsummer t1_iybo51u wrote

At my company the HSA eligible plan is the only one that has out of network coverage. There’s a new plan that the math says is a lot cheaper after 7 years on the HSA so I’m crossing my fingers.

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zk2997 OP t1_iyafze1 wrote

They don’t mention an employer contribution in the benefits guide.

I guess it’s worth it if I’m maxing out the HSA and have funds to cover the higher deductible and out of pocket maximum but I’m not even maxing out my 401(k) yet so I think the PPO is better right now. I guess I’m fortunate that the premium and everything else is very affordable.

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ninjewz t1_iyb21eo wrote

You don't have to be maxing out your 401k before investing elsewhere. By priority it goes 401k match -> max HSA -> max Roth IRA -> max 401k.

Your PPO looks way better though so it'll be up to you if you think access to the HSA is worth it.

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