You will get an insurance packet explaining everything.Thanks for that info @APredux ! What's the difference between HRA and HSA?
Wow, this Is really crappy coverage!For HSA:
TM..........$2700(in network deductible)/$5000(out-of-pocket max).....$5400(non-network)/$10,000(o-o-p max)
TM w/kids...............$3500(in net ded)/$6900(out of pocket max)........$7100(non-net ded)/$13,900(o-o-p max)
TM w/spouse or dep...$4700(in net ded)/$8700(o-o-p max).................$9000(non-net ded)/$17,000(o-o-p max)
TM w/family...........$4700(in net ded)/$9300(o-o-p max).....................$9700(non-net ded)/$18,900(o-o-p max)
TM only: If you were in an accident that required ER & hospitalization, you would pay $2700 deductible (can be paid with any HSA acct funds) then 20% of in-network allowed/covered costs until you reach the $5000 out-of-pocket maximum. After that, all covered costs would be paid at 100%.
This plan doesn't utilize copays so you would be billed for any visits/procedures after plan discounts have been applied. Prescriptions are also applied toward the deductible.
From another thread. Thanks redeye58
thank@redeye58!Wow, this Is really crappy coverage!
Wow, this Is really crappy coverage!
Im just really spoiled by my spouse's coverage. That's why I am working at Spot. I had no idea how truly crappy Target's coverage is. If I have coverage 'available' thru an employer, spouse's coverage will bounce me out of the plan.commiecpost: 193250 said:Don't think of it as insurance, think of it as the absolute minimum Spot needs to offer in order to comply with the law.
Plain and simple. I could choose hra if you go to the doctor a lot, I would choose hsa if you never go to the doctor.Thanks for that info @APredux ! What's the difference between HRA and HSA?
Thanks for all the replies. I'm going through a divorce and I need more specific information. I understand the costs for HRA/HSA, but those are reimbursement accounts/savings accounts and typically associated with an actual insurance plan to assist you in paying for insurance related expenses. Can someone please give me the exact way these work and the costs with them? @redeye58 @commiecorvus @Hardlinesmaster @APredux