Originally Posted by
tennisguru
I've posted this before, and decided to save what I wrote since this same topic comes up several times throughout the year and warrants re-posting:
=12ptrn into ~$17,000. Then at age 65 you reimburse yourself for your $1000 expense from 30 years ago, and you get to keep the additional $16,000 in growth to be used tax free on future medical expenses.
One thing that you failed to account for with the non-DPMP plans is that the company can and has changed the plan details mid year and essentially raised the rates by $200 a month. If the company wants you to get a medical procedure and you don’t get it they can at their discretion decide they want to essentially raise your rates. They are still to this day charging a certain group of people an extra $2400 a year. And nothing says they can’t raise that or instate other fines for whatever they want. This adds extra value to the DPMP plan that you can’t quantify and can’t predict.