I wanted to give you an update on my current health insurance situation for those of you considering a similar path.
Last year I had insurance through a small group plan for my real estate business. It has become increasingly expensive and our family of 4 was paying over $2,200/mo for a PPO plan. I knew I needed to make a change.
I went back to an idea I had in the previous newsletter I wrote about this.
The idea was to stack two types of health plans.
- An ACA HMO Bronze insurance plan with premium tax credits (low cost)
- A ministry health sharing plan (broader network)
The reason I didn’t do this last year is because the ACA plans didn’t offer an HSA option. That’s been very important to me over the years because I contribute the maximum to an HSA each year and then let the money grow tax free. Just the growth of the HSA ha
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