How our HSAs saved us over $10,000

[audreyh1]

Quote:

Originally Posted by Col. Klink Could someone please tell me... when on an HSA plan do you pay the full retail cost of each of your meds as if you had no insurance at all? If so, it seems there would be a breakeven point where it would be better to forego the HSA for a high deductible silver plan that would have e.g a $25 charge for generic perscriptions. Has anyone seen this type of analysis published or perhaps in another ACA thread here?

The non-HSA silver plan had the same deductible. The only difference was lower doctor co-pays for just a few visits a year. I don't remember if there was a break on meds. Same negotiated rates with medical providers.

[iam21177]

Quote:

Originally Posted by Col. Klink Could someone please tell me... when on an HSA plan do you pay the full retail cost of each of your meds as if you had no insurance at all? If so, it seems there would be a breakeven point where it would be better to forego the HSA for a high deductible silver plan that would have e.g a $25 charge for generic perscriptions. Has anyone seen this type of analysis published or perhaps in another ACA thread here?

That was one of my concerns as well. I take two daily Rx (one is now free thanks to the Women's Health Care Preventative Act!). So that leaves me with a heartburn PPI med. I've asked the pharmacists what it's going to run if I don't have my nice $5 for 90 days supply perk any more. They really cannot say until I am on that insurance and they run it like normal. They did say I can shop around and look for best prices in town. Or I can find a reputable online source to see if it's lower priced online.

I'll know more in July when my HDHP kicks in finally. I don't plan on touching the HSA money though.

[sengsational]

Quote:

Originally Posted by ginadog That was one of my concerns as well. I take two daily Rx (one is now free thanks to the Women's Health Care Preventative Act!). So that leaves me with a heartburn PPI med. I've asked the pharmacists what it's going to run if I don't have my nice $5 for 90 days supply perk any more. They really cannot say until I am on that insurance and they run it like normal. They did say I can shop around and look for best prices in town. Or I can find a reputable online source to see if it's lower priced online. I'll know more in July when my HDHP kicks in finally. I don't plan on touching the HSA money though.

I have found that goodrx.com is a nice source for prices, as well as discount coupons, if you don't have rx insurance. Also, I had my doc fax a prescription to a Canadian pharmacy and got the generic drug for a tiny fraction of what I would have paid for the generic here in the US. How screwed up is that, where I can get the same thing from Canada for 90% off the best US price?