Forum Overview :: Motherfucking News :: Medical Savings Accounts

[quote name="Bitter"][quote name="BDR"] 2. I read up on those medical savings accounts. They're currently offered for people who are too young for Medicaid, self-employed, or uninsured. I don't hear anyone crowing about these, and after looking at their flat deductibles ($1600 to $2400 per individual) , I'd say they fucking suck. They fucking suck compared to the 80% deductible I get on my current work plan, nevermind the 5 bucks I pay in any doctor visit and yearly eye and dental visits. How the hell does the NAF figure someone would want one of these accounts in addition to their primary health care means? It scares me that they think we might, what's that say about the plan? [/quote] MSAs can be used for another purpose: you can make pre-tax deductions to them that you then use towards stuff not covered by your health plan. Fer instance, I've had a pretty large amount of dental work recommended to me (kids: Don't Chew Ice. The more you know, the more you aren't recommended for $10,000 in dental work. No typos in that number). Now, I have some pretty decent dental coverage, but it doesn't cover the whole wad. Knowing this, I could do an MSA for next year and put aside money in it to cover these extra costs. It's handy. Bitter.[/quote]