We had a benefits meeting today at my office. We are fortunate in that they currently pay our employee portion of the premium and have a pretty decent plan. Due to expected large premium increases for our usual renewal in March we are renewing early effective Dec 1 but the plan is changing significantly.
Our deductible (beyond copays) is going from $1000 to $10,000, and our office is establishing a Health Reimbursement Account to offset the difference. Our copays will increase from $25/40 to $40/90 to help offset the costs, but I know we're fortunate that our employer is planning to offset the deductible difference expense.
However, I have no experience with HRA's - does anyone have any experience with that type of account? I'm interested to hear it - and this thread is not at all intended to be political. I realize the impending federal law changes are a part of this, but the focus here is on practical application based on what we are dealing with, not opinions on how it got there.
Thank you! Me: BW-43
Together 9 yrs
Status: Divorced 4/27/11
Above all, be the heroine, not the victim. - Nora Ephron
It is our choices...that show what we truly are, far more than our abilities.
- J. K. Rowling