Why do employers promote HSA over PPO?
May 30, 2014 3:16 PM Subscribe
Why do companies promote HSA as superior to PPO, is there some benefit to them?
Barring any extreme medical circumstances, when does HSA make sense over PPO?
posted by nodebunny to Health & Fitness (26 answers total) 6 users marked this as a favorite
Seems as if every company I've interviewed with / worked at have been promoting HSA as a choice health plan for new employees -- for a single late 20 to 30-something male with minor health issues -- how much sense does this make?
(For example: Average of $500 of prescription expenses a year, plus 4 or 5 doc normal visits. Maybe needs some dental work but not urgent, and maybe something fancy like Lasik )
I dont like the idea of having to pay the 2000-3000 deductible out of pocket before getting any of the insurance benefits. I guess theyre assuming that people already know that theyll have AT LEAST that much in medical expenses a year -- but thats not usually the case.