Hacker News new | ask | show | jobs
by astrange 1900 days ago
Microsoft's healthcare plan used to pay 100% of premiums, but over time it either became unaffordable or didn't work with the ACA.

Currently it's something like "we charge you a lot for the first few months but also give you the money to pay it in your HSA", which makes you wonder why they give it to you in the first place. It's not like you can optimize your prescriptions out of your life, so it's not enabling choice.
1 comments
Consultant32452 1900 days ago
I don't have any prescriptions or chronic health issues. My HSA is another several thousand dollars per year of tax free retirement savings (I max out 401k contributions also). Sure, I can only ever use that $ on healthcare, but when I'm older I'm sure I'll use it.
link
astrange 1899 days ago
Sure, but that doesn't explain why employers contribute extra to the HSA instead of having salary deductions.

Btw, once you're 65 you can withdraw money for no reason without a penalty, so it's no worse than a traditional IRA. Too bad deposits are taxed in California.

link