currently paying $220 monthly for Military reserve select health insurance but then deductible is only $100. However $220/month is $2640 a year. Does it make sense to switch to Microsoft high deductible plans but 0 monthly pay? Both family plans.
Microsoft Family max out of pocket deductible is $5k - just my spouse and I, no kids. Each additional kid will add an additional $750
Wow, thank you. This is exactly the information I needed. But do you pay monthly and what about the $2500 HSA Microsoft contribution?
You get $1k in Jan and $1k in July for HSA. How much did you spend last year? I guess the one great thing is the $7k you can contribute to your HSA every year tax free.
Those are not comparable policies
How are they not comparable?
The military plan probably has zero out of pocket expenses and is accepted worldwide. Download the features of both plans and compare. Deductible and monthly cost shouldn’t be your deciding factor. Don’t cheap out.