Originally Posted by
dodgerk
In two years Skywest Employees are going to be forced into the CDHP/HSA (Consumer-Driven Health Plan) (Health Savings Account). NOT an FSA. They are doing away with HMOs and PPOs. It's a lot to explain here but it's insurance with a high annual deductible ($2400) and low premiums ($54/check for family). Good if you don't go to the doctor much, bad if you do. Most don't like the option but it is insurance.
I believe that HSA are great and should be an option for all employees in addition to standard health plan.
As a single guy I would pay $30 a month on a high deductible health plan vs the $150 I pay now. Thats $1440 a year less. My single deductible is $1200 so as long as I do not get sick more than once every 10 months, I come out ahead.
Max out of pocket is $4750 after deductible so even if both my legs fell off I would only be about $4750.
The trick is to have the company contribute to the HSA instead of paying your health care costs. This is something to be worked out at the table when working on a CBA. It would actually save the company money.
Many mainline pilots who make more use HSA as an extra 401(k) when they max out their 401(k) yearly contribution