I have epilepsy and I'm on medication.
I'm looking at an HSA plan with an $1150 deductible, between that and the premiums it's right in my budget.
After that it picks up everything I need 100% within their network, and all my doctors are in there network.
I also did some research and looked at what an HSA is and some of the specifics. This specific account requires a $25 per month deposit and 2% interest.
My question is why would I better off with a PPO/POS plan compared to this HSA plan?
I'm asking because I've read in 2 places so far that HSA plans are "good for the healthy, but bad for the sick".
Although they didn't quite explain why. I mean are their some hidden charges or catches within this type of plan that I'm not understanding?
Maybe because of the "high deductible"? Although $1150 seems pretty low compared to most plans now. Especially when that is my annual out of pocket.