Ok guys I am curious to know what your personal viewpoint is on selling a copay versus a HSA. Here is my jist on the fight.
Copays
1) Great for people/families who go to the doctor more than 120 times a year
2) Great for people who do not fully comprehend how to maximize their health care cashflow.
3) People who are used to making copays and do not like, nor do they want to change.
4) When it is to cost prohibitive to finance a HSA (e.g., people who will get rated or ridered and have an excessive amount of costs to pay and want a simple co payment on drugs).
5) A specific plan does not allow VARIOUS charges (e.g., lab work, preventive, wellness, etc.) to apply towards the deductible.
HSA
1) Great for people who go to the doctor 119 times a year.
2) Understand ROI, and more specifically, can understand how cashflow operates and ways to increase it exponentially with HSA's.
3) Despise not knowing what they are going to pay and are confused about how things are paid.
4) Take pride in the fact that they have more control over their health care.
5) Understand the give and take of copays versus paying out of pocket.
I would love to hear your thoughs on when it is acceptable to offer an HSA versus copay plan. For example, do you have a number of doctor visits, prescription cost cap (in one year), etc. that you base your decision on?
The J.R.
Copays
1) Great for people/families who go to the doctor more than 120 times a year
![Smile :) :)](/community/styles/default/xenforo/smilies/smile.gif)
2) Great for people who do not fully comprehend how to maximize their health care cashflow.
3) People who are used to making copays and do not like, nor do they want to change.
4) When it is to cost prohibitive to finance a HSA (e.g., people who will get rated or ridered and have an excessive amount of costs to pay and want a simple co payment on drugs).
5) A specific plan does not allow VARIOUS charges (e.g., lab work, preventive, wellness, etc.) to apply towards the deductible.
HSA
1) Great for people who go to the doctor 119 times a year.
2) Understand ROI, and more specifically, can understand how cashflow operates and ways to increase it exponentially with HSA's.
3) Despise not knowing what they are going to pay and are confused about how things are paid.
4) Take pride in the fact that they have more control over their health care.
5) Understand the give and take of copays versus paying out of pocket.
I would love to hear your thoughs on when it is acceptable to offer an HSA versus copay plan. For example, do you have a number of doctor visits, prescription cost cap (in one year), etc. that you base your decision on?
The J.R.