XPost: rec.boats, sci.electronics.design, sci.electronics.basic   
   XPost: sci.electronics.repair, alt.hvac   
   From: nojunk@knology.net   
      
   On 12/12/2013 6:57 AM, William Sommerwerck wrote:   
   > "amdx"  wrote in message news:l8ahhp$eis$1@dont-email.me...   
   >   
   >> I don't want a Florida Health Exchange.   
   >> How come you don't understand, I like what I have.   
   >> I don't want to pay an additional $5,004 for something   
   >> not as good as I have.   
   >   
   > I don't understand how a plan with an annual deductible of $10K is a   
   > "good" plan, regardless of who offers it.   
      
   Easy answer, because the premium is so much less.   
   But you need to be adult enough to bank the money saved on the premium.   
      
   Let's say I average $3,000 per year in medical expenses, In 3 years,   
   I spent $9,000 from my HSA. The HSA is tax deductible, so I saved $1,800   
   on my tax bill (just for that $9,000). This makes my real cost of   
   medical expenses $7,200 for those three years. With this new* policy I   
   saved $4,300 per year, that's $12,900. So in three years I save $12,900   
   - $7,200 =   
   $5,700. I saved $5,700 for those three years, plus I have about $9,750   
   left in the HSA growing tax free. The $9,750 is my money not money held   
   in the insurance companies pocket.   
      
      This only works for adults that have learned not to live paycheck to   
   paycheck.   
      
      
   * new policy, I changed from a $2,500 deductible to a $10,000 deductible   
   and saved $4,300 per year. That was in 4/09. I max out my HSA this year,   
   I put in $7,450, in January I'll put in another $7,450, I don't think   
   they raised the cap for 2014, Darn.   
     I don't know what Obama will do with HSA's in the future, hope he   
   doesn't decide to tax them.   
      
                             To each their own, Mikek   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)