High Deductible HIP PPO

This has been part of our savings strategy while employed with medical benefits (blessed). HIP PPO forces us to pay 100% of all expenses up to about $10k max out of pocket. In fact all preventative care and diagnostics are 100% covered, and most prescriptions have been $0 or no more than $10. This also allowed us to invest into an HSA account—triple tax benefit.

But… as I prepare to retire in Q3, even if rolling into the SAME insurer and plan, it would be a new account. So any accrued deductible spending would typically fall away. Our company health coordinators were optimistic and asked that I call them back to advocate honoring prior deductible expenses for the remainder of the year’s requirements.

If you are currently in a HIP PPO and to transition to an employer or HCA health plan, consider the timing and impact of any previous deductible expenses that may reset.

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