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Reply #61: The insurance kicks in after the deductible [View All]

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sweepster Donating Member (76 posts) Send PM | Profile | Ignore Wed Oct-26-05 03:49 PM
Response to Reply #56
61. The insurance kicks in after the deductible
HSA's usually have a deductible and after you meet that they pay 100%.

My HSA deductible is $1500 any my monthkly premium is very low for my age. I have $1800 in my account after two years which will pay the deductible of $1500 if that should happen.

HSA are a great thing especially for the younger worker and if you have little or no health problems. I put in the $1500 into my account each year. It is currently earning 3.75% tax free.
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