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Contributing to an HSA (self.personalfinance)

submitted 1 year ago* (last edited 1 year ago) by root to c/[email protected]

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I have been contributing to a HSA the last couple years, and it's been fine. My work contributes $1800 over the year and it hasn't really been a problem at all.

Now I have a kid and a spouse on my insurance, and they tend to go fairly often it seems. The copay and deductible on the HDHP is a bit crazy and I'm thinking of swapping to a PPO. Is that a good idea, or is turning down the free $1800 from my work a no no?

Here is a link to the plans

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[–] root 4 points 1 year ago

Thank you for your response, and I hope you and your family stay healthy. I have similar concerns for things that might pop up, but luckily everyone is generally pretty healthy. Last year we had to take a quick trip to urgent care and my copay was $450. It was a surprising amount, because previously I had never paid more than $75 for a visit. I was able to use my HSA for it, but man..if something more serious happened I could see that getting really expensive fairly quickly.