HDHP question, Rx without insurance
One more health insurance question.
I have a high deductible HSA-type health insurance plan, $4000 deductible/calendar year and coverage cycle is from Nov to Oct, so its actually more than $4000. Only 3 employees are covered under this insurance plan by the employer (among those 3, we are the only family, who really use it on regular basis.)
I use a few Rx medications for my health conditions. If I buy these medications through goodrx.com, they are cheaper than what my Rx card will offer me. For example, A 3-month supply of Medicine A from insurance company 'recommended' mail order pharmacy costs $310. If I buy same medicine using insurance information from goodrx.com will cost me $220. So I plan to buy all my medications through goodrx.com
Either way, the amount will be paid using HSA money.
Of course, this will NOT count towards the $4000 deductible. Even if I use Rx coverage on my insurance plan, I doubt I will make $4000 this year. In such case, if either one the family members ends up in the hospital, I will end up paying a lot more. In that case, I will just have to bite the bullet. (Such possibility is rather low but emergency can strike any time, nobody knows. If such situation arises, I am ready to bite the bullet.)
My question is, what implications I am looking at, should I go through goodrx.com instead of my health plan Rx coverage. The reason of going this route is, first save money and second, buffer next year's premiums a little bit. (I understand, even if I don't use health insurance at all, still the prices are going to shoot at certain percentage point.) Does this make sense? Would you do the same, should you end up in my shoe?
Thanks in advance.