As you make your benefit elections for the new year, understanding your health plan options can make a big difference in both your care and your wallet. Here’s a clear breakdown to help you choose wisely:
👉 High-Deductible Health Plans (HDHPs): Lower monthly costs and access to the powerful, triple tax-advantaged HSA. Great if you don’t visit the doctor often and want long-term tax savings.
👉 HMO/PPO Plans: Higher premiums but predictable copays and co-insurance, which can help if you regularly see doctors or specialists. These plans may include an FSA, but remember, those funds don’t roll over.
Before selecting a plan, think about your doctor visits, medications, and expected care needs. Need help walking through your options? Reach out to us to schedule a complimentary Q&A with one of our team members: https://libertyonewealth.com/answers/
