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No Vested Interest

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31. Suze Orman recommends Health Savings Accounts very highly, for

Wed Jan 29, 2014, 01:58 AM

Jan 2014

some of the reasons already mentioned on this thread.
I respect her advice & opinions.

Perhaps you can tell your physicians of your problems with high prescription costs.
They might be able to prescribe alternatives at lower cost.

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We've just been royally screwed by my husband's employer and health insurance co. [View all] LiberalEsto Jan 2014 OP

That's messed up. Loryn Jan 2014 #1

I've had an HDHP for several years, by choice. denverbill Jan 2014 #2

I was already getting all generics on the prescriptions LiberalEsto Jan 2014 #4

Yes I can understand the shock. My wife was pretty shocked at hers as well. denverbill Jan 2014 #6

Depending on your situation, the HSA isn't such a bad deal. The Velveteen Ocelot Jan 2014 #3

I have no doubt that some employers used Obamacare TexasBushwhacker Jan 2014 #5

Our company has given us until 1/31 to make changes to our plans. Not so with your husband's? Tuesday Afternoon Jan 2014 #7

Just spoke to my husband - it looks like the company pulled a fast one on everybody LiberalEsto Jan 2014 #8

Maybe 'everybody' would be interested in some action elleng Jan 2014 #23

Ouch. Insurance companies and prescription providers take advantage of plans where there's an HSA. haele Jan 2014 #9

This may have been the default option if you did NOT choose another plan. alarimer Jan 2014 #10

We were not communicated with adequately LiberalEsto Jan 2014 #11

I own a small company (an S-corp) discntnt_irny_srcsm Jan 2014 #12

There needs to be price-leveling for group plans. dawg Jan 2014 #13

I like that. Uniform prices make sense LiberalEsto Jan 2014 #14

I would like to remind you that U.S. health insurance companies do not contribute Enthusiast Jan 2014 #34

^^^ this! Agreed! discntnt_irny_srcsm Jan 2014 #15

Small business ought to be hammering for single-payer. hunter Jan 2014 #18

prescriptions for lots of things went up like crazy a couple of months ago Kali Jan 2014 #16

I suspect this is their "You want the ACA? Okay, we'll give you the ACA...OUR way" LiberalEsto Jan 2014 #17

They carry levothyroxine on the $4 list. Blue Diadem Jan 2014 #20

That's about what I pay for it, elleng Jan 2014 #24

You should get negotiated pricing for the Dr. visits, lab etc. Blue Diadem Jan 2014 #19

the main benefit of an HSA account NewJeffCT Jan 2014 #21

We don't have a health savings account because we didn't know about the change LiberalEsto Jan 2014 #22

How big is his company? NewJeffCT Jan 2014 #25

It is a big international company LiberalEsto Jan 2014 #27

A big international company NewJeffCT Jan 2014 #29

Suze Orman recommends Health Savings Accounts very highly, for No Vested Interest Jan 2014 #31

IIRC, Suze Orman recommends funding the HSA fully at the beginning of the year, if possible. No Vested Interest Jan 2014 #32

Regarding the prescriptions, I'm already on generics for everything LiberalEsto Jan 2014 #33

Suze Orman is a right wing corporate mouthpiece. I have zero respect for Suze Orman. Enthusiast Jan 2014 #35

Sorry to hear of your troubles but HSA are of good value LynneSin Jan 2014 #26

We both have chronic medical conditions that require a number of prescriptions LiberalEsto Jan 2014 #28

Seems the quick answer on setting up a HSA whistler162 Jan 2014 #30