Scooter432

We have been using DPMP. Very happy , but very expensive premium wise. Looking at the math it appears I'm better off with the Gold. Healthy family, no prescriptions. Can anyone smarter than me break it down? Thanks in advance.

murkdaddy

I would call the union up and ask to talk to someone about it. I did this when I first got hired and they were extremely helpful.

tennisguru

Here’s the cost comparison (family rates):

Gold HSA: add up total premiums for the year ($4476) + max out of pocket ($7800) - delta health rewards money ($2200). If you’re going to contribute your own money to the HSA you could also subtract the tax savings on the additional $5000 of contributions you’re allowed. So that’s right at 10k in maximum costs for the year not counting tax savings or the benefit of investing your HSA over the long term.

DPMP: add up total premiums for the year ($8676) + max out of pocket ($4700) = $13376 worst case.

I don’t really understand why anyone uses the dpmp unless there’s something funky with prescriptions that I’m not aware of. I know a couple of people with chronic family medical issues and year after year they are better off on the HSA. Obviously the healthier you are the HSA saves even more money than if you were hitting the maxes.

Buck Rogers

You might check, but I contributed $8100 in 2020 and I think it goes up to $8200 for 2021 for the HSA

WhiskeyDelta

You have the $1000 catch-up it seems.

buckleyboy

Anyone have experience with Tricare Select (either retires or reservist) and an FSA through Delta? As I understand it, all medical expenses have to be reimbursed through the FSA.
If this is the case, is it a royal PITA? If it is not the case, will someone please learn me good [sic]?

TED74

7,200 is 2021 maximum, or 8,200 with age 55+ catch-up. Those numbers INCLUDE the company contributions / Delta health rewards.

PilotWombat

Here you go. Everything is based on family, in-network, non-smoker, no catch-up coverage.

"Tax benefits /yr" is based on 24% federal tax bracket, Utah's state tax (4.85%), and full SSI deduction.

"OOP Before Benefits" is:
Annual premiums + deductible - company HSA contributions - tax benefits
Essentially, the minimum financial impact you'll see during the entire year before the insurance company pays their first $1.

"Max Total (yr)" is
Annual premiums + OOPM - company HSA contributions - tax benefits
Essentially, the maximum you'll have to pay OOP for covered services throughout the year, not matter how expensive they get.

PilotJ3

DPMP has the same coverage out of network. I rather pay more and be able to have more options in case something happens.

Buck Rogers

Well, I am an old Boomer, so that’s prolly logical. I empower my spouse and she tackles to minutia and deets of signing up for the medical plan. Went away on a trip and she completed my smoker questionnaire and watched some videos about health and finance. I am good a delegating..I was lucky just to figure out how to look at my pay check to check the amount She’s the one that said it goes to 8200(at least for me) in 2021

Edit....I notice on the chart above the company contribution of 2200$ for the HSA.....hmmm didn’t know that

Anybody know the nuances of that company contribution. If I max out with my own money, do I lose that com cont or is it passed on as current income(not sure I know enough to be asking the right question, but it’s easier than getting a master’s in health care coverage) Surely somebody knows the answer.....I opt for the “EASY” button