2009-07-30

I want to keep my HSA

I completely support President Obama's efforts to fix healthcare. We need to overhaul our system so people aren't left bankrupt or without coverage.

However, one thing that does disturb me about the plan being floated through congress is that it may lead to my HSA being discontinued, which is a nice cheap plan that let's me set aside money in an HSA (like a 401k for medical services). If I get hurt, I could be on the hook for up to $6,000 a year, but I only pay $10 a month for coverage for 2. My employer gives me $1,000 a year into my HSA, and I choose to put in another $2500 a year. I've had the plan for almost a year and am very pleased.

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