3 definitions by Schulist
A type of health insurance plan which increases 3-5% annually without any increase in medical benefits.
Also known as a preferred provider organization.
Also known as a preferred provider organization.
by Schulist October 9, 2018
A health insurance plan where half the premium normally paid to a PPO is invested in a personal portable savings account akin to a 401k. It's triple tax deferred. Money going in, money going out, and money invested in it is tax free as long as it is used for medical expenses.
Also known as a health savings account.
Also known as a health savings account.
Michael - "What's an HSA?"
Rocco - "I just paid $300 of medical expenses with my HSA...but at least the money spent was pre-tax, not like a PPO plan where insurance executives and the government already took their share and made my past medical expenses even more expensive. Why is anyone still buying PPO plans?"
Rocco - "I just paid $300 of medical expenses with my HSA...but at least the money spent was pre-tax, not like a PPO plan where insurance executives and the government already took their share and made my past medical expenses even more expensive. Why is anyone still buying PPO plans?"
by Schulist October 9, 2018
by Schulist December 15, 2017