Archive for June, 2009
Are democrats and republicans leading us into a bigger problem?
netjr asked:
Democrats and republicans both have “solutions” to health care. The democrats are more far reaching wanting to extend health insurance to everyone and the republicans want to make health care less expensive with savings accounts and tort reform. But neither of them is addressing the real problem – there is a shortage of health care professionals and facilities in this country. People are already waiting for health care services and now were suppose to extend services to the millions of people who are uninsured too? Why won’t they fix the supply before increasing the demand?
Saran Hamiton
Democrats and republicans both have “solutions” to health care. The democrats are more far reaching wanting to extend health insurance to everyone and the republicans want to make health care less expensive with savings accounts and tort reform. But neither of them is addressing the real problem – there is a shortage of health care professionals and facilities in this country. People are already waiting for health care services and now were suppose to extend services to the millions of people who are uninsured too? Why won’t they fix the supply before increasing the demand?
Saran Hamiton
switch to health HSA before i cancel Oxford health plan.Shall i still pay the premium for the overlapped month
justiceandfairness asked:
change my health plans to HSA ( high savings account) of Golden Rule insurance company on Jan.31,2007 and cancel my prior plans with Oxford sometime on Feb. 2007. Oxford still wants me to pay the premium of Feb. I refused. Oxford now are lawsuiting me. Shall i pay them?
Wesley Swider
change my health plans to HSA ( high savings account) of Golden Rule insurance company on Jan.31,2007 and cancel my prior plans with Oxford sometime on Feb. 2007. Oxford still wants me to pay the premium of Feb. I refused. Oxford now are lawsuiting me. Shall i pay them?
Wesley Swider
I’m being laid off and I have 1 mo. of health insurance left. I have an HSA. How do I use my $1,100?
chunksloth_2000 asked:
My health savings account has $1,100.00 in it, and as I read it, you need to use the money for health related causes. Now, I could buy $1,100 worth of vitamins at the drugstore and resell them, but that doesn’t seem practical. I’ve already been to my primary care physician, even had a blood test and a chest x-ray for a cough, but how to I get to that other $ without it going to waste?
Noe Magwire
My health savings account has $1,100.00 in it, and as I read it, you need to use the money for health related causes. Now, I could buy $1,100 worth of vitamins at the drugstore and resell them, but that doesn’t seem practical. I’ve already been to my primary care physician, even had a blood test and a chest x-ray for a cough, but how to I get to that other $ without it going to waste?
Noe Magwire
Pearly Gates or Pearly Whites?
Coolest Ghoul asked:
Why doesn’t God require you to put 10% of your income into a Health Savings Account rather than giving it to a church? An HSA is pre-tax, and can be used for dental work, which most HMO’s don’t cover.
Why doesn’t God require you to put 10% of your income into a Health Savings Account rather than giving it to a church? An HSA is pre-tax, and can be used for dental work, which most HMO’s don’t cover.
So I say, stop donating 10% to a church. Donate 10% to your health (or to an IRA … especially now that stocks are low).
Smile,
Tony
Tomas Amster
Besides it being a tax deduction for the employer, how does an Health Savings Account help an employer out?
Brian M asked:
Thank you for everyone’s response, so far. But my question is how it benefits the employer, not the employee…
Chuck Yochim
Thank you for everyone’s response, so far. But my question is how it benefits the employer, not the employee…
Chuck Yochim
California Bankruptcy and HSA Health Savings account?
napamikey asked:
Is a HSA exempt under bankruptcy law in California?
Jazmine Gavia
Is a HSA exempt under bankruptcy law in California?
Jazmine Gavia
Do medical insurance and tobacco companies own Fred Thompson ?
moon_flower_unicorn_power asked:
In 2001 Thompson voted against a bill allowing patients to sue health insurance providers. In 1998 he voted against increasing tobacco restrictions, and in 1996 he voted against health care savings accounts.
In 2001 Thompson voted against a bill allowing patients to sue health insurance providers. In 1998 he voted against increasing tobacco restrictions, and in 1996 he voted against health care savings accounts.
http://pewforum.org/religion08/compare.php?Issue=Health_Care
Army Retired Guy…you keep saying the same BS…since when is a senate voting record part of a conspiracy?…about what i’d expect from an Army puke
Oscar Macks
Can anyone tell me what will happen with this 401K scenario?
Lostandconfused asked:
My employer allows us to save the IRS maximum of $15,500 in our TSP/401K. So I divided 15,500 by the 26 pay periods we have each year to find the amount to have withheld. What happens in the years there are 27 pay periods? Will I have too much taken out? What about FSA (flexible savings account) and health insurance withholdings do they get more than they’re supposed to?
Felipe Morales
My employer allows us to save the IRS maximum of $15,500 in our TSP/401K. So I divided 15,500 by the 26 pay periods we have each year to find the amount to have withheld. What happens in the years there are 27 pay periods? Will I have too much taken out? What about FSA (flexible savings account) and health insurance withholdings do they get more than they’re supposed to?
Felipe Morales
Why force govt healthcare when we have HSAs?
Lonestar asked:
Health Savings Accounts –
This is where you can set aside up to $2,900 every year in a special tax-free savings account. The money is allowed to cumulate year after year. This is before tax money. Then, with this money sitting in your HSA you can go out and buy a high-deductible health insurance policy that will be much less expensive than the policy you have today. You can then use the HSA money for your medical care and let the high-deductible health insurance policy kick in much later.
Health Savings Accounts –
This is where you can set aside up to $2,900 every year in a special tax-free savings account. The money is allowed to cumulate year after year. This is before tax money. Then, with this money sitting in your HSA you can go out and buy a high-deductible health insurance policy that will be much less expensive than the policy you have today. You can then use the HSA money for your medical care and let the high-deductible health insurance policy kick in much later.
Sounds like a good idea right? Well … here come the Democrats. Democrats have made affordable health care a mainstay of their election agenda, but apparently only if you’re willing to get insurance through the government.
Democrats don’t like Health Savings Accounts. And why not? Because when you have that money stashed away for medical expenses, and when you can afford to buy a high-deductible health insurance policy, you won’t be standing around screaming for the government to do something …
Wiley Colarossi
I saw a question about universal health care and it made me wonder how many of you realized this?
I_Love_McRedneck asked:
Your company’s high deductible plan is a great solution to your problems – and it already exists! Your company just doesn’t tell you about it because it’s a FREE plan, that’s right – NO monthly premiums. you get the same discounts as people with a PPO plan, only you pay nothing. Your deductible is $2200 a year per person, family plans are an even better deal if you have 3 or more people participating because there’s a household cap. Traditional PPO requires a $2000 medical and $1000 prescription deductible – totally separate from each other, where the high deductible plan is combined.
Again NO monthly premiums, same benefits as PPO’s, same doctors, same choices. How do you pay for this if there’s no deductible? You can enroll in a government savings account – again, free of cost, tax-free even! You earn interest on the money you don’t use, and you can keep it for the rest of your life. You get a debit card so you have instant access to your money. You can save up to the deductible..
so there’s literally NOTHING coming out of your pocket.
Do we still have excuses for not having health insurance? I think FREE is pretty darn affordable. What do YOU think?
This plan is offered by EVERY company – it’s probably referred to as your high deductible plan. They HAVE to offer it to you, they just rarely ever explain it to anyone because then they can’t collect premiums from you.
Please, pass along this information to everyone you know. Don’t allow them to pay any more for insurance than they have to. Call an independent insurance agent and just ask them to explain this plan to you, and ask for their opinions. You can’t beat free!
I have roughly $90 taken out of my check before taxes (I get paid every 2 weeks) and it covers everything. I just pay the doctors from my debit card. The only downfall is if you have high expenses at the beginning of the year, you have to pay them out of pocket and reimburse yourself later OR pay the doc as funds are deposited into your account.
My deductible for the year has already been met, so every doctor visit & every prescription I have filled is completely FREE through the end of the year. I’ve NEVER met my deductible through the PPO plan I’d always joined, and it seemed like they always found some reason to deny my claims. This has not been an issue for me since I joined this high deductible plan.
In my case, I had surgery which ate up my entire deductible. Because I’m depositing the $2200 into my account evenly throughout the year, I just make payments to my doctor as the money is put into my account. It’s like any other credit/debit card in the fact that you can’t spend more than you have.
Doctors don’t charge interest for having a balance with them, and they don’t send you to a collection agency if you pay them regularly. Just something to think about.
Actually the deductible is $900 a year LESS than the traditional PPO – just an FYI
Carmine Poser
Your company’s high deductible plan is a great solution to your problems – and it already exists! Your company just doesn’t tell you about it because it’s a FREE plan, that’s right – NO monthly premiums. you get the same discounts as people with a PPO plan, only you pay nothing. Your deductible is $2200 a year per person, family plans are an even better deal if you have 3 or more people participating because there’s a household cap. Traditional PPO requires a $2000 medical and $1000 prescription deductible – totally separate from each other, where the high deductible plan is combined.
Again NO monthly premiums, same benefits as PPO’s, same doctors, same choices. How do you pay for this if there’s no deductible? You can enroll in a government savings account – again, free of cost, tax-free even! You earn interest on the money you don’t use, and you can keep it for the rest of your life. You get a debit card so you have instant access to your money. You can save up to the deductible..
so there’s literally NOTHING coming out of your pocket.
Do we still have excuses for not having health insurance? I think FREE is pretty darn affordable. What do YOU think?
This plan is offered by EVERY company – it’s probably referred to as your high deductible plan. They HAVE to offer it to you, they just rarely ever explain it to anyone because then they can’t collect premiums from you.
Please, pass along this information to everyone you know. Don’t allow them to pay any more for insurance than they have to. Call an independent insurance agent and just ask them to explain this plan to you, and ask for their opinions. You can’t beat free!
I have roughly $90 taken out of my check before taxes (I get paid every 2 weeks) and it covers everything. I just pay the doctors from my debit card. The only downfall is if you have high expenses at the beginning of the year, you have to pay them out of pocket and reimburse yourself later OR pay the doc as funds are deposited into your account.
My deductible for the year has already been met, so every doctor visit & every prescription I have filled is completely FREE through the end of the year. I’ve NEVER met my deductible through the PPO plan I’d always joined, and it seemed like they always found some reason to deny my claims. This has not been an issue for me since I joined this high deductible plan.
In my case, I had surgery which ate up my entire deductible. Because I’m depositing the $2200 into my account evenly throughout the year, I just make payments to my doctor as the money is put into my account. It’s like any other credit/debit card in the fact that you can’t spend more than you have.
Doctors don’t charge interest for having a balance with them, and they don’t send you to a collection agency if you pay them regularly. Just something to think about.
Actually the deductible is $900 a year LESS than the traditional PPO – just an FYI
Carmine Poser