Archive for August, 2007
Do you have a savings account for your pet?
~?chihuahua lover?~ asked:
This post is in response to so many of the questions that come to this board. The number of times people state that they can’t afford medical care for their pets is just heartbreaking to me.
This post is in response to so many of the questions that come to this board. The number of times people state that they can’t afford medical care for their pets is just heartbreaking to me.
I do not understand why people choose to have pets and then not take some care to provide for their medical needs. A savings account should always be kept for them in case of something serious or chronic shows up.
If we choose to take the responsibility for another life should we not also make the financial means necessary to make sure that they stay in good health?
Kyle Bargar
What are the rules regarding Health Savings Accounts?
ohwonderboy asked:
I started a new job back in Aug. 2006. My employer offers a group health insurance plan but it is not a very good one and has a high deductible. The company dropped the ball in getting me signed up for the plan in time and now their not so good plan isn’t even going to cover a pre-existing condition. I talked to the boss and came to an agreement that in lieu of being covered under their plan they would just contribute $130 monthly (the same amount they would pay to put me on their plan) to a Health Savings Account that I could use to pay medical expenses. He came back and said that he could not make good on the agreement because he was told I had to have some type of insurance coverage to contribut to an HSA. He also said that the max I (or the company on my behalf) could contribute to one of these type accounts is $1100 annually. Which is $460 less than what we agreed upon. Can anyone explain the rules of HSA’s to me and what other options I might consider to work this out?
Avelina Littles
I started a new job back in Aug. 2006. My employer offers a group health insurance plan but it is not a very good one and has a high deductible. The company dropped the ball in getting me signed up for the plan in time and now their not so good plan isn’t even going to cover a pre-existing condition. I talked to the boss and came to an agreement that in lieu of being covered under their plan they would just contribute $130 monthly (the same amount they would pay to put me on their plan) to a Health Savings Account that I could use to pay medical expenses. He came back and said that he could not make good on the agreement because he was told I had to have some type of insurance coverage to contribut to an HSA. He also said that the max I (or the company on my behalf) could contribute to one of these type accounts is $1100 annually. Which is $460 less than what we agreed upon. Can anyone explain the rules of HSA’s to me and what other options I might consider to work this out?
Avelina Littles
















