Hi All,
Apologies for the fairly narrow question, but I know there are a fair number of UC employees on here and I was hoping to tap the collective hive mind.
We have been enrolled in the UC's high deductible plan for a while and maxing out contributions to an HSA in proper Boglehead style. Last year the cost of the HDP more than doubled, and has increased again this year - for some reason it looks like the UC really doesn't want people in this plan. It is at the point where the Blue and Gold HMO option is roughly 60% of the price of the HDP. Our primary care Drs are in network for both.
Switching to the HMO would mean losing access to making additional HSA contributions. But with lower OOP, lower prices, and redirecting the HSA contributions to an IRA, it seems like I would come out ahead.
I'm curious what others have done / what I'm missing (always something!).
Thanks
Apologies for the fairly narrow question, but I know there are a fair number of UC employees on here and I was hoping to tap the collective hive mind.
We have been enrolled in the UC's high deductible plan for a while and maxing out contributions to an HSA in proper Boglehead style. Last year the cost of the HDP more than doubled, and has increased again this year - for some reason it looks like the UC really doesn't want people in this plan. It is at the point where the Blue and Gold HMO option is roughly 60% of the price of the HDP. Our primary care Drs are in network for both.
Switching to the HMO would mean losing access to making additional HSA contributions. But with lower OOP, lower prices, and redirecting the HSA contributions to an IRA, it seems like I would come out ahead.
I'm curious what others have done / what I'm missing (always something!).
Thanks
Statistics: Posted by Bob McGnome — Tue Nov 05, 2024 6:30 am — Replies 0 — Views 20