Reply to Anyone have experience with a "high deductible" health insurance plan?

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[quote=Anonymous]My dh's company forced everyone into a high deductible plan with an HSA and we have somehow come out ahead with this.
 
The idea is that you pay a lower premium and with each paycheck you also put money into a health savings account (HSA). This money is pulled out pre-tax so you are not paying taxes on the premium or the HSA contribution. In our case, the lower premium plus the HSA contribution was about the same as the old high premium so we didn't lose any money on this. Then, when it comes time to pay a medical bill we pay it out of the HSA account. We no longer pay a co-pay for doctor visits and regular checkups (kids or adults) are 100% covered so the cost does not even come out of the HSA. The only time we met the deductible is when I needed surgery. Every other year, we've never even met the deductible. The HSA is not like a flex-spending account in that there is no "use or lose". The money will roll over and accrue interest year after year. It is your money, after all.[/quote]

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