HSA don't save people money when premiums and deductibles are raised , simple math which you need work on BusyMommy.

@BusyMommy :They're not. Remember, the Exchange was set up in a manner that dictated the *majority* of subscribers qualify for major subsidies. Still scratching my head over that one.

Here's what I don't get Trump says universal coverage, Congressional Republicans say Universal Access which is completely different and incongruent with Universal Coverage.There has been no discussion about medical costs outside of prescriptions.There is a lot of talk about medicare privatization ( you would severely lose the clout of payment negotiation if one provider is now many).There is discussion about moving people with preexisting conditions to high risk pools, I'm sure that means much higher premiums, deductibles and possible restrictions on coverage.The Republicans are in disarray.

What is an HSA?An HSA works with an eligible health plan that has a higher deductible. You can use your HSA to pay for eligible health care expenses. It saves you money because it is tax-free. It can also help you save for retirement. How does an HSA work?An HSA is only available with certain types of health plans that have higher deductibles. These plans will usually have lower premiums. They are often called consumer-driven health plans.Every dollar you put into an HSA is tax-deductible (you pay no taxes on it). For example, if you put the maximum amount in your HSA each year (current maximum is $3,400 for an individual, $6,750 for a family) and your income puts you in the 28% tax bracket, your annual tax savings with an HSA would be $952 for an individual or $1,890 for a family.You don't pay any taxes when you take money out either, as long as you use it for eligible health-related expenses. You can use your HSA for health care expenses not covered by your health insurance. For example, use HSA dollars to cover your costs until you reach your plan's deductible amount. Then use your HSA to pay coinsurance or copays until you reach your maximum annual out-of-pocket limit. Use a cost calculator to compare a traditional health insurance plan with a high-deductible health plan and HSA.Big plus: tax savingsAn HSA can save you money on health care and more, thanks to these tax advantages. HSA contributions are tax-deductible. Withdrawals for health care expenses are tax-free, too. Withdrawals for non-eligible expenses would be taxed and include a penalty. You earn tax-free interest on the money in your account. Plus, your account may give you a variety of investment options.Your HSA balance rolls over at the end of the year, so you don't lose your money. It's always yours to spend, save and invest. At age 65, you can start using your HSA dollars for any purpose. HSA withdrawals for eligible health care expenses continue to be tax-free. HSA withdrawals for other reasons would be taxed but would not include a penalty.Money in your HSA can earn interestYou can put a portion of your HSA balance into a variety of investments as long as you maintain a $1,000 base balance in your account. Your dollars grow tax-free in your investments (such as mutual funds or stocks). Some people even use their HSA as a retirement savings account.

Heres the Price Plan-For those with Obamacare- Tax credit"Price's plan structures tax credits based on age brackets — $1,200 for people ages 18 to 35 and up to $3,000 for those 50 and older. This is different from the ACA, which bases its tax credits on the income of the patient. "Preexisting Conditions-" coverage based on a preexisting condition, would change. Under Price's proposal, people would be able to continue coverage if they shifted from the employer market to the individual market, but only if they have no interruptions in coverage. Thus, a break in care would allow insurers to deny coverage to people with an illness.For those who do not maintain that care, Price's plan would institute state-level high-risk pools to help cover them. The Price plan would provide $1 billion in federal funding to help control costs for these pools. The Commonwealth Fund, however, a nonpartisan health-policy think thank, estimates that these pools would require well over $170 billion a year in federal funding to cover those who today have ACA-based plans.Additionally, such high-risk pools typically have premium costs double those of normal individual-market plans. "Mediciad expansion rolled back the poor take a hit-"The expansion of Medicaid under Obamacare would also be rolled back under Price's plan, shifting roughly 15 million people from the government-sponsored insurance to the individual marketplace. The expansion provided coverage for those making roughly $16,490 and below annually. Questions loom over, even with a subsidy, how affordable it will be for those people to obtain plans on the individual market. ""Critics point to potential rollbacks of provisions in the ACA that compel insurance companies to provide certain types of care, meaning insurance companies could exclude comprehensive coverage needed by sick people. For older individuals, Price's plan would take away the provision linking what insurers can charge young people compared with seniors, providing the potential for insurers to increase rates for older people with chronic-care needs. "www.businessinsider. com/tom-price-donald -trump-hhs-secretary -obamacare-repe

Sounds like a good start.

I swear....some people here are like people who say a movie sucks before it has even been released, or before they have even seen it.Just keep digging for all the bad news people. I'd really hate to be some of you. Seriously.

These are proposed Republican plans, the news isn't good.What's being done right now is like selling tickets to a movie that hasn't been made.

@Clydepuckett
I have an HSA with high deductible catastrophic plan. I am ACA compliant.My company puts in the first $1000 into the HSA. And I put biweekly amounts in via my paycheck. And I pay a really low insurance rate. I'm paying close to the cost of a plan with more coverage when all is added up, but as @busymommy mentioned, I don't use it so it just builds a nest egg every year. When I do need the doctor, my insurance doesn't cover jack. But I have my HSA nest egg. Plus my insurance does cover the annual exams, immunizations and other limited preventive care. It pisses me off because I can't get preventive skin cancer screenings to be covered.

A while ago I said to remember the term " Universal Access"The pick to be point man(HHS nominee Tom Price) on ACA says this-"He said the administration could put in place “a different construct” that “would allow for every single person to gain access to the coverage that they want and have nobody fall through the cracks.” He did not say how the Trump team would guarantee such protection."Coverage for all turns into Access for all.Now I suspect we will next hear about medicare privatization.

I looked into insurance and it just seemed like such bs. Nothing is freaking covered. Catastrophic insurance makes more sense it's cheaper to pay cash for the doctor and even specialist. Here comes the $1800 fine this year... Still cheaper than 2 months of decent insurance!

Not faulting you because both insurance and medical payments are extremely high. Your post gets to the point of fines to encourage people to get ACA compliant insurance to balance the risk pool.So you make a choice to pay the fine or pay for ACA insurance. Some would argue that well not ideal at least you can get insurance.Food for thought- In order to register our cars we must have insurance. That is government stepping into our lives and requiring insurance.Driving is important but worthless to a person who has untreated health issues, can't afford treatment and can't drive due to that.

@atascabob :Only for "Liability". This does not cover "you" as the driver. Not at all the same thing. You are not required by law to Insure yourself, nor your vehicle.

I have full coverage on my car and zero coverage on myself how messed up is that?

@Bluebonnet
It's the Obama reality!