We are just starting an HRA for one of our divisions (free grant money from the government!) and everyone seems really excited about it. HRA-employer puts money in for them, no wonder why. If a company uses a HSA (Health Savings Account), then the employee typically puts most of the money in the account, but it can be rolled over from year to year and job to job and it earns interest (hopefully!) if you don't use it all each year for your deductible.
They say this is the new way in health insurance, but in my part of US (Northeast), it hasn't caught on too much yet. HMO's are still the way most companies around here are insuring their employees.
Bottom line-have you ever had one or both of these types of accounts, and what did you think of it? Better than an HMO or not?
Thanks in advance!
2006-07-18
11:15:32
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2 answers
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asked by
Left Footed
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Insurance