Can you help me choose?
Employee premium: 40$ per month
Max OOP: 6600$
Employee premium: 0$
Max OOP: 5000$
Employer HSA contribution: $1200
I mostly go to the doctor for preventive care, but find myself in the doctor's office maybe twice a year for things that would cost $1000+ if I didn't currently have a traditional 80/20 plan. I am switching employers, however, and it seems best to choose the PPO, since I don't have any savings at this point (student), but coworkers are urging me to adopt the HDHP, which I have no experience with. What are your thoughts? I mainly worry about the fact that I would be able to contribute very little to the HSA on top of what my employer would, and I don't have savings to cover large bills until I meet my deductible. I'd love your input. Thanks!