Discover and read the best of Twitter Threads about #HSA
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Just did an assessment of our #health #finances. After a ten-year personal experiment with a health savings account (#HSA) and our employer's high risk insurance option: GOOD CHOICE. I'm definitely not an expert, but if you're curious, here's our experience (a thread):
Our life situation made us right for an HSA. I was single for half the first 5 years, married for the 2nd, when married, both of us on HSA. No children, overall pretty healthy. Here's an article about who an HSA is good for: mayoclinic.org/healthy-lifest…
I deducted the maximum savings every year from my employer (which I believe was about $6,000). This went into our HSA. For medical expenses, if we had the extra cash, we used it rather than our HSA (as the HSA grows exponentially tax-free, which is a freaking good deal).
This is one of the best opinion pieces That truly highlights the need for education about putting insurance in it's proper place and educating people on what options are available to help them save money on their healthcare. By @DavidBalatHC
thehill.com/opinion/health…
thehill.com/opinion/health…
High Deductible Health Plans HDHP are only a bad thing when a person is uninformed about other more affordable options to pair them with. The $3800 bill could have been avoided by using services such as @GreenImagingTx The imaging could gave cost as low as $250 
The example used in the article lives on Broomall, PA which is less than an hour fron the closest @GreenImagingTx center in Salem, NJ so it could have cost the price of the MRI and a tank of gas. Which would be maybe another $30-40 topping off at $290
Hypothetical situation
Hypothetical situation
