jwirr
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Apr-03-07 11:32 AM
Response to Original message |
| 59. $50,000 and you are elderly: hip replacements, knee replacements, |
|
cataracts, gallbladder surgery, diabetes, high blood pressure, breast cancer, Alzheimer's, broken bones, wheelchairs, home health care, nursing home care...... That $50,000 is not going to cover half of this. And this is only when you are older and does not cover the costs of health care for your family when you are younger. Wake up! the only way this is taken care of is a universal single payer health care program.
|
| -"Health Savings Accounts" - WTF Good Are They? |
K8-EEE |
Apr-03-07 10:43 AM |
#0 |
 -
They are nothing like insurance |
gollygee |
Apr-03-07 10:46 AM |
#1 |
  -
Arguing over the crumbs... |
warren pease |
Apr-03-07 12:36 PM |
#83 |
| -
I agree |
gollygee |
Apr-03-07 02:03 PM |
#115 |
| -
It's just another way to give a tax dodge to people that need places to hide money. |
Nickster |
Apr-03-07 10:46 AM |
#2 |
| -
It came in really handy for us. |
RC Quake |
Apr-03-07 11:02 AM |
#30 |
| -
well, good thing for you that you have that kind of money coming in |
ComerPerro |
Apr-03-07 11:46 AM |
#71 |
| -
Too bad you lose the money if you don't use it. |
Show_Me _The_Truth |
Apr-03-07 11:07 AM |
#34 |
| -
Actually, an HSA lets you carry the money over, but it's not a good deal if |
Lydia Leftcoast |
Apr-03-07 11:10 AM |
#42 |
| -
Okay then I'll add a |
Show_Me _The_Truth |
Apr-03-07 01:37 PM |
#108 |
| -
Thats a Flex Account, not a HSA. |
newportdadde |
Apr-03-07 12:28 PM |
#81 |
| -
They are great for mutual funds and banks ... |
antigop |
Apr-03-07 10:47 AM |
#3 |
| -
Hmmm. Republican ideas almost always spring forth |
truedelphi |
Apr-03-07 03:32 PM |
#126 |
| -
They are not a replacement for insurance, but can help. |
uppityperson |
Apr-03-07 10:47 AM |
#4 |
| -
Yep. |
Gormy Cuss |
Apr-03-07 10:50 AM |
#9 |
| -
Many companies are forcing their employees to use them |
liberal N proud |
Apr-03-07 10:47 AM |
#5 |
| -
Yeah - you'd have to know you were going to have a health issue come up |
gollygee |
Apr-03-07 10:49 AM |
#6 |
| -
I don't think that is correct..... |
antigop |
Apr-03-07 10:50 AM |
#10 |
| -
Oh well then I've been confused too |
gollygee |
Apr-03-07 10:51 AM |
#13 |
| -
What our company is using they are calling an HSA |
liberal N proud |
Apr-03-07 10:52 AM |
#18 |
| -
HSAs can roll over from year to year |
antigop |
Apr-03-07 10:54 AM |
#21 |
| -
I used to work for a company that offered what they called HSAs |
Lasher |
Apr-03-07 11:10 AM |
# |
| -
Yes, I think at some companies they were misnamed ---- |
antigop |
Apr-03-07 11:13 AM |
#46 |
| -
Dupe |
Lasher |
Apr-03-07 11:11 AM |
#44 |
| -
no, MSAs rollover |
northzax |
Apr-03-07 01:34 PM |
#107 |
| -
Please read the following................... |
antigop |
Apr-03-07 01:58 PM |
#112 |
| -
you are correct. It is a high deductable health insurance policy. |
ourbluenation |
Apr-03-07 10:55 AM |
#24 |
| -
it's a good problem to have, not needing to dip into the HSA money |
renate |
Apr-03-07 10:51 AM |
#14 |
| -
So 75% of those who opened health savings accounts are INSURED? |
jobycom |
Apr-03-07 10:49 AM |
#7 |
| -
the idea is catastrophic coverage (high deductable, low monthly |
salin |
Apr-03-07 10:52 AM |
#16 |
| -
Exactly n/t |
antigop |
Apr-03-07 10:55 AM |
#22 |
| -
And the premium isn't that low |
Lydia Leftcoast |
Apr-03-07 11:00 AM |
#28 |
| -
Contemporary Insurance Companies = Modern Robber Barons |
salin |
Apr-03-07 11:02 AM |
#29 |
| -
Instead of regular co-pay type insurance or in addition? |
jobycom |
Apr-03-07 11:04 AM |
#32 |
| -
bushco are trying to push this as in place of regular insurance |
salin |
Apr-03-07 11:22 AM |
#54 |
| -
But, but, but... |
mentalsolstice |
Apr-03-07 12:16 PM |
#79 |
| -
he OWNS contemporary irony. the master of irony. |
salin |
Apr-03-07 02:24 PM |
#117 |
| -
Also, a replacement for Medicare, imo n/t |
antigop |
Apr-03-07 01:01 PM |
#89 |
| -
If they can - they will... |
salin |
Apr-03-07 02:26 PM |
#120 |
| -
You have to be insured to open an HSA. |
Arkansas Granny |
Apr-03-07 11:06 AM |
#33 |
| -
Then what did Bush mean when he said 25% were uninsured? |
jobycom |
Apr-03-07 11:15 AM |
#49 |
| -
Who knows what he meant. I had checked on a HSA for myself |
Arkansas Granny |
Apr-03-07 11:25 AM |
#55 |
| -
yeah, its kind of a way of asking insurance companies to pay less |
ComerPerro |
Apr-03-07 11:47 AM |
# |
| -
Eventually instead of offering health insurance companies will |
Skink |
Apr-03-07 10:49 AM |
#8 |
| -
Fees. And collect lots of fees. Wonderful, for the banking lobby. nt |
donkeyotay |
Apr-03-07 10:55 AM |
#25 |
| -
Exactly -- see reply #10. Also insurance companies benefit from high-deductible policies n/t |
antigop |
Apr-03-07 10:57 AM |
#26 |
| -
No fees, as long as the bank already has your business |
DemReadingDU |
Apr-03-07 01:56 PM |
#111 |
| -
depends on the bank....shop around n/t |
antigop |
Apr-03-07 01:59 PM |
#113 |
| -
They are an IRA you can use in an emergency |
TechBear_Seattle |
Apr-03-07 10:51 AM |
#11 |
| -
hr manager here.... |
ourbluenation |
Apr-03-07 10:51 AM |
#12 |
| -
They surly help the institutions holding your money |
havocmom |
Apr-03-07 10:52 AM |
#15 |
| -
we had one last year....just a scam to make whopping deductibles look palatable... |
blitzen |
Apr-03-07 10:52 AM |
#17 |
| -
It is the beginnings of a shift from defined benefit healthcare to defined contribution |
antigop |
Apr-03-07 10:53 AM |
#19 |
| -
Exactly right, antigop |
Lasher |
Apr-03-07 11:25 AM |
#56 |
| -
Also, establish a "replacement plan" for Medicare n/t |
antigop |
Apr-03-07 01:02 PM |
#90 |
| -
More info in post #100 below...... n/t |
antigop |
Apr-03-07 01:18 PM |
#101 |
| -
Our company was given no choice from our insurance provider. |
Hong Kong Cavalier |
Apr-03-07 10:54 AM |
#20 |
| -
Translation |
Warpy |
Apr-03-07 10:55 AM |
#23 |
| -
Exactly to the reality line of this for many. It will benefit only those of |
The Wielding Truth |
Apr-03-07 02:25 PM |
#119 |
| -
Here's how it actually works: (I investigated and rejected the option) |
Lydia Leftcoast |
Apr-03-07 10:58 AM |
#27 |
| -
Still think universal coverage is a bad idea? |
Skink |
Apr-03-07 11:07 AM |
#35 |
| -
Glad to hear that, because I know enough about other countries' systems |
Lydia Leftcoast |
Apr-03-07 11:08 AM |
#39 |
| -
Dh's employer offers them as well |
missb |
Apr-03-07 11:08 AM |
#38 |
| -
Ours is with a high-deductible plan ($5,000/yr indiv, $7,500/family). |
fifthgendem |
Apr-03-07 06:38 PM |
#134 |
| -
Our employer pays the monthly contribution. The problem is that the employee |
ourbluenation |
Apr-03-07 11:10 AM |
#41 |
| -
In our area, the HSA policy was lots cheaper |
DemReadingDU |
Apr-03-07 02:06 PM |
#116 |
| -
My opinion -- this is the GOP plan to destroy Medicare |
antigop |
Apr-03-07 11:03 AM |
#31 |
| -
But Medicare would NOT be in such bad shape if |
Lydia Leftcoast |
Apr-03-07 11:07 AM |
#37 |
| -
Absolutely! No argument from me. But the GOP needs a "replacement" for Medicare... |
antigop |
Apr-03-07 11:09 AM |
#40 |
| -
I agree, Medicare is in horrible shape, worse than SS |
DemReadingDU |
Apr-03-07 02:24 PM |
#118 |
| -
it is a joke from the Elitist WH and their cabel |
rodeodance |
Apr-03-07 11:07 AM |
#36 |
| -
Here is what I tell people -- I'll believe health savings accounts are a good idea when... |
antigop |
Apr-03-07 11:11 AM |
#43 |
| -
Bush needs a crash course on HSA's. He is putting out false |
Arkansas Granny |
Apr-03-07 11:11 AM |
#45 |
| -
I've contributed the max into mine for the last two years |
RGBolen |
Apr-03-07 11:14 AM |
#47 |
| -
They are not a great deal for many people |
antigop |
Apr-03-07 11:17 AM |
#51 |
| -
Our employer makes the contribution on behalf of the employee. |
ourbluenation |
Apr-03-07 11:33 AM |
#60 |
| -
Yes, some companies make the contribution on behalf of the employee |
antigop |
Apr-03-07 12:56 PM |
#87 |
| -
This assumes an income that allows you to pay an unexpected $5000 |
Lydia Leftcoast |
Apr-03-07 11:20 AM |
#52 |
| -
the money for the deductable is in the HSA |
RGBolen |
Apr-03-07 11:27 AM |
#57 |
| -
Yes, which still assumes the ability to set aside $400+ every month |
Lydia Leftcoast |
Apr-03-07 11:39 AM |
#65 |
| -
I've just made my contribution into it once a year |
RGBolen |
Apr-03-07 11:43 AM |
#70 |
| -
Right, which means you have $5000 lying around ready to put in |
Lydia Leftcoast |
Apr-03-07 12:06 PM |
#78 |
| -
Same here |
DemReadingDU |
Apr-03-07 02:28 PM |
#121 |
| -
Very interesting responses here..... |
K8-EEE |
Apr-03-07 11:14 AM |
#48 |
| -
I think HSA's are a good option for young people who's employer makes the monthly contribution |
ourbluenation |
Apr-03-07 11:37 AM |
#63 |
| -
NO, NO, NO -- you need the healthy people to help subsidize the less healthy |
antigop |
Apr-03-07 01:04 PM |
#92 |
| -
Technically... |
Vulture |
Apr-03-07 01:31 PM |
#106 |
| -
Methinks you need to do some more reading..................... n/t |
antigop |
Apr-03-07 02:01 PM |
#114 |
| -
You some good points |
gravity |
Apr-03-07 06:51 PM |
#135 |
| -
Ssssh! Don't give them ideas! |
Lydia Leftcoast |
Apr-03-07 11:40 AM |
#67 |
| -
I'm glad you asked that question |
Lasher |
Apr-03-07 11:56 AM |
#75 |
| -
You get it, Lasher! But also think "Medicare replacement" n/t |
antigop |
Apr-03-07 01:05 PM |
#93 |
| -
There is in fact already a similar thing now. My wife and I use it and it is effective. |
DuaneBidoux |
Apr-03-07 11:17 AM |
#50 |
| -
that's a FSA not a HSA |
RGBolen |
Apr-03-07 11:33 AM |
#61 |
| -
I know that...but the principle is virtually identical. |
DuaneBidoux |
Apr-03-07 02:42 PM |
#123 |
| -
Good info from cbpp.org website -- PLEASE READ |
antigop |
Apr-03-07 11:22 AM |
#53 |
| -
Thanks for this... |
K8-EEE |
Apr-03-07 12:51 PM |
#85 |
| -
Health savings account are part of the GOP agenda -- it's right there on the GOP website |
antigop |
Apr-03-07 01:00 PM |
#88 |
| -
They are a good distraction. |
endarkenment |
Apr-03-07 11:29 AM |
#58 |
| -
Then keep taking more and more away |
Lasher |
Apr-03-07 01:03 PM |
#91 |
| -
BINGO! I'll try to dig up an article n/t |
antigop |
Apr-03-07 01:06 PM |
#94 |
| -
Found it -- it's FAS106 -- Ellen Schultz from WSJ |
antigop |
Apr-03-07 01:08 PM |
#97 |
| -
Ellen has done a lot of good work reporting this type of thing |
Lasher |
Apr-03-07 03:25 PM |
#124 |
| -
$50,000 and you are elderly: hip replacements, knee replacements, |
jwirr |
Apr-03-07 11:32 AM |
#59 |
| -
It's not meant for that. It's a supplemental to a regular insurance policy. |
ourbluenation |
Apr-03-07 11:38 AM |
#64 |
| -
And if *ss manages to destroy medicare? He wants to replace all |
jwirr |
Apr-03-07 11:49 AM |
#73 |
| -
Did you know you're supposed to retire with an extra $200,000 |
K8-EEE |
Apr-03-07 12:49 PM |
#84 |
| -
But the insurance policy has to be high-deductible n/.t |
antigop |
Apr-03-07 01:19 PM |
#102 |
| -
And I don't think their entire "plan" has unfolded yet |
antigop |
Apr-03-07 01:21 PM |
#103 |
| -
They are a blessing--but I'd rather have a single payer health care system instead. |
blondeatlast |
Apr-03-07 11:33 AM |
#62 |
| -
Imagine you're a young couple with a new baby... |
Cassandra |
Apr-03-07 11:40 AM |
#66 |
| -
True, the best advice is "don't get sick and don't have sick kids!" |
K8-EEE |
Apr-03-07 12:00 PM |
#76 |
| -
I have one. |
qwlauren35 |
Apr-03-07 11:42 AM |
#68 |
| -
Ask Bill Richardson; he is a big supporter of health savings accounts. |
Czolgosz |
Apr-03-07 11:42 AM |
#69 |
| -
Bill who? |
Lasher |
Apr-03-07 03:53 PM |
#129 |
| -
If you think that's bad, you should see Bill DINO's defense of Abu Gonzales: |
Czolgosz |
Apr-03-07 04:10 PM |
#131 |
| -
Bogotry takes on many forms |
Lasher |
Apr-03-07 04:21 PM |
#132 |
| -
There are LOTS of reasons why Richardson ranks with Hillary on my least favorite candidate list (but |
Czolgosz |
Apr-03-07 04:38 PM |
#133 |
| -
If you have kids and can estimate their HC costs ( in our case it's dental + braces) |
mod mom |
Apr-03-07 11:47 AM |
#72 |
| -
No, no, no--that's not an HSA |
Lydia Leftcoast |
Apr-03-07 12:05 PM |
#77 |
| -
I believe you are technically correct but I think the terms have become interchangeable |
Lasher |
Apr-03-07 04:04 PM |
#130 |
| -
Big Pharma gets bigger. nt |
valerief |
Apr-03-07 11:56 AM |
#74 |
| -
Recommend - and ask others to do the same |
salin |
Apr-03-07 12:26 PM |
#80 |
| -
I wouldn't mind |
Dorian Gray |
Apr-03-07 12:32 PM |
#82 |
| -
K&R |
Hubert Flottz |
Apr-03-07 12:56 PM |
#86 |
| -
Everyone - Flex Savings Accounts and Health Savings Accounts are not the same. |
newportdadde |
Apr-03-07 01:07 PM |
#95 |
| -
By the time I'm 45, my prescriptions alone will have cost over 1.5 million dollars. |
kiahzero |
Apr-03-07 01:07 PM |
#96 |
| -
A brief overview of the flaws of health savings accounts |
antigop |
Apr-03-07 01:13 PM |
#98 |
| -
I Have One Simple Question |
Yavin4 |
Apr-03-07 01:16 PM |
#99 |
| -
Another great article from the CBPP -- it describes the "plan" |
antigop |
Apr-03-07 01:17 PM |
#100 |
| -
Worthy of an OP, methinks (EOM) |
Lasher |
Apr-03-07 02:38 PM |
#122 |
| -
HSAs are good for people who are young & rich & don't get sick. |
baldguy |
Apr-03-07 01:23 PM |
#104 |
| -
Great article by Krugman -- Medical Class Warfare--describes problems with HSAs |
antigop |
Apr-03-07 01:25 PM |
#105 |
| -
Payroll/Benefits Administrator here |
REACTIVATED IN CT |
Apr-03-07 01:46 PM |
#109 |
| -
HDSA/HSAs can also be used to destroy existing traditional employer-provided healthcare |
Lasher |
Apr-03-07 03:31 PM |
#125 |
| -
Like most repuke programs, it does nothing for the ones most needing help. |
Sapere aude |
Apr-03-07 01:54 PM |
#110 |
| -
No damn good at all. |
bunkerbuster1 |
Apr-03-07 03:34 PM |
#127 |
| -
Glad to see this made the greatest page |
Lasher |
Apr-03-07 03:35 PM |
#128 |
| -
It's like your county property tax office writing you a big fat check-- |
eridani |
Apr-04-07 02:42 AM |
#136 |
Printer-friendly format
Email this thread to a friend
Bookmark this thread