Does anyone know anything about insurance?

Amy - posted on 01/18/2012 ( 1 mom has responded )

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My husband carries the insurance for the family and his employer switched to a health savings account. For the first year they are putting in the initial $3000 and in the following years they will take it out of his paycheck.



I don't understand it at all because he makes it sound like we will never have to pay for anything out of pocket, my feeling is the insurance company is out to make money so I can't imagine that is true. According to what I read once you go through your HSA funds traditional health ins kicks in, does that mean we go back to co-pays? Can anyone explain it to me in lamen terms? I'm really confused and am debating on getting health ins through my employer instead because it doesn't make sense to me!

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Amanda - posted on 01/18/2012

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Call his insurance company up and request them to explain it all to you.

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