Hello to all. . .I need input from anyone who has knowledge about health savings accounts. In an effort to cut costs to the district, our administration has brought health savings accounts (as opposed to traditional health insurance) to the negotiations table. I am very concerned about how this will affect "high cost" individuals. I need data, personal experience, or any other type of information that might help our negotiations team make a wise decision about coverage for our employees. From what I can tell so far, healthy folks who have no emergencies or other expensive procedures enjoy the benefits of HSAs. . .however, people who have the misfortune of an expensive diagnosis, or other high cost procedures will end up with a lot of out-of-pocket expenses.
If you have any information that you could give me, please post it here, or pm me. I don't use the private message part of this forum, so I'll try to be sure that my box is empty. If you contact me and you don't hear back from me, let me know in this thread, and I'll give you my personal e-mail.
Thanks for your help. I'm on a very tight time deadline to gather information, so a quick reply is far better than a slow one. In addition to furlough days, pay cuts, larger class sizes, longer hours, and more work to do, thousands of dollars out of teachers' pockets for healthcare is looming in the very near future. I need to do what I can to help those who have high medical costs already.