Does anyone have experience with either of these plans? Trying to decide which plan is better for me and my family. Thanks!
HRA vs. HSA
- Thread starter Anonymous
- Start date
-
- Tags
- None
If you happen to know that you'll have a lot of medical expenses, such as a childbirth for example, then the HRA will likely be better. Otherwise, the HSA is better because you keep the account money that you don't use. But the terms of the plans change every year, so the answer to which one is better could change.
Changing the plans every year and offering some nominal choice has been the ploy to railroad people into poorer-quality plans: the choices available to you are bad vs. worse. The last years of the old plan had horribly unreasonable terms compared to the HRA/HSA plans, so people chose those newer plans, and when complaints were made about losing the old plan, the response was "employees are choosing the HRA/HSAs in overwhelming numbers!" Also, whatever choices are given, they're all from one insurer. You don't really have any choice as long as you don't have the option to choose a better insurance company.
So where does what we're stuck with go now? The biggest new thing this year is that you can't use your local drugstore if you don't want to pay full price. You have to go mail-order, and if your script isn't filled correctly or on time, well it can be fixed in just a few short weeks. You can complain about it if you like being ignored and/or minimized.
Don't look for things to improve as long as management's foremost goal is to be lap-dog cronies to the regime in the White House. Selling out to communist China and worshipping the new health control law are how the already-rich are trying to gain favor in order to get richer, and they don't care if it means wrecking your career and ruining your and your family's health.
"Don't look for things to improve as long as management's foremost goal is to be lap-dog cronies to the regime in the White House. Selling out to communist China and worshipping the new health control law are how the already-rich are trying to gain favor in order to get richer, and they don't care if it means wrecking your career and ruining your and your family's health."
Amen! With a 6% dividend payout, this company is not about "innovation" it is about "making rich people richer" even George Soros ... as if Soros needs more money!
Best thing would be to cut the dividend, have a little humanity with the employees, and grow some research spending to not only save the pipeline from almost certain death, but also to have some cards to play in Washington, DC, rather than just playing "lap dog"
You are an idiot. Figure it out for yourself and YOUR family.
Young family = HRA
Single = HSA
HSA's the way to go in either case at Lilly.
Why?
Do you think you will stay with company? May be?
If you are let go, you can port your HSA. HRA will be toast like British morning breakfast.
Saving as much as for HSA will benefit you in long term...think it as insurance policy. When 2014 kicks in, and hopefully Obama Healthcare System survives, you are front running the Fed Window like fucking Goldman Sach...you will be winner.
IF OHS does not survive, good luck. You still have money to pay, whereas most will not.
Bummer is that you upfront pay. But stay healthy for 10 years...your over $30,000 is cash looking at you...come on baby....you wil be drooling at those 'virgin' money dancing in front of you. That is when you are damn sick..and after working at Lilly for 10 years...fuck! yes, you will be....then use this lotto in HSA account to cover the gap.
If this does not make sense, I think ask someone more erudite and polished.
Yikes! Sounds like you've had a bad weekend. I'm sorry, you poor thing. I hope calling someone names (like you're in grade school) helps you feel better. Have a great Monday!
Amen about "not about innovation" and George Soros. But also about the Lilly PAC funding wicked politicians like Harry Reid. Corporate Lilly is one sick organization.