New Job Health Insurance Elections – Supplemental
My last job had most health insurance options fully covered by the company (at least the HDHP), so I didn’t think too hard about it. I (25F, but almost 26) started a new job yesterday and have to set up my new health insurance elections. My role is remote and so the company chose it’s insurance providers based on network options domestically, not necessarily by state. My main question is (a) if it all looks reasonable and (b) if I should be opting into some supplemental insurance options when I’d already be contributing to my HSA
About me: I (25F) don’t have any chronic health conditions, maintain an average healthy diet, and get at bare minimum a couple miles in daily walking my dog. I’m for the most part risk advise and live in a public transportation metropolitan city. I just moved, but planning on picking up some intermural sports (ultimate frisbee is non contact), not big on winter sports but may go every so often if my friends do (I feel like a lot of my friends have gotten injured through skiing lol) HSA – $6.5k rolled over from previous job I already saved
New company insurance options Type | Provider | Monthly Premium | % Covered by Employer :— | :— | :— | :— Medical | UHC – Choice Plus HDHP | $73.00 | 84.8% Medical HSA | HDHP HSA | $320.83 max | — Dental | Delta Dental – DPPO Plan | $8.86 | 73.7% Vision | UHC Vision – PPO Plan | $0 | 100% Supplemental – Accident | Hartford – Accident Plan | $8.76 | ? Supplemental – Hospital Indemnity | Hartford – Hospital Indemnity | $8.63 | ?
Specific details about the HDHP Benefit | In-Network | Out-of-Network Annual Deductible | $1,500 | $3,000 Out-of-Pocket Max | $4,000 | $8,000 Preventative Care | Covered in Full | 40% after Deductible Everything else | 20% after Deductible | 40% after Deductible
More Info About the Supplemental Insurances Pays cash benefits you can use for anything. Ideally, you would use the benefits to offset out-of-pocket medical expenses related to a covered accident. Accident – Covers hospitalization, injuries, surgical procedures, paralysis, physical therapy, ambulance, accidental death, and more Hospital Indemnity – Covers first-day hospital confinement, daily hospital confinement; ICU confinement
I’m leaning towards getting the accidental supplemental insurance because it’s pretty cheap and you can never foresee an accident, but is it a scam if I already have a max OOP through my HDHP and a good amount already in my HSA (and continuing to contribute to it)?
Thank you if you have read this far you kind soul
