I just got a new job that will lift me out of Medicaid. I have to make a decision on the options available. It’s all very overwhelming. This would be a family plan for myself and my children (4). All of our current doctors are already part of this network so I don’t have to worry about finding new doctors. Regular HMO is 389.42/mo with a $4000 deductible. HSA is $204 .64/mo with an $8000 deductible. Employer provides $3600 into HSA account.

So… a couple of my children see a family therapist twice a month (= 4 visits/mo). So with the HSA it would be covered 100% only after the deductible. I’m worried that with this option all my monthly premium HSA deposits would just be used to cover this mental health expense.

The HMO has a $35 copay then 100% covered after the deductible.

What do you guys think is a better option?

Also side note…one child has heart issues and is doing fine but could potentially require heart surgery at some point. So there’s that.

See also  Kicked off Medicaid, help me choose a marketplace plan