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How To Select Best Employer Sponsored Heath Insurance Plan For 2021

Because my wife and I are thankfully healthy and only typically visit our primary doctors for annual wellness exams which are 100% covered and take few prescription drugs, we normally opt for a higher deductible/lower premium plan with an HSA. However, I will in all probability have major surgery on my hip in 2021 and would like to ask how I should compare our 2021 plan choices to select the best one from a perspective of total out of pocket expense we will have to pay. We have three choices that offer a HSA as follows:

Annual   Premium       Rewards*     Cost of Coverage     Annual In-Network Deductible**

Plan 1    7181.08         1200.00           5981.08                     1400.00/2800.00

Plan 2    5281.84         1200.00           4081.84                     2800.00/5600.00

Plan 3    4169.26         1200.00           2969.26                     3300.00/6600.00


* Incentive rewards are a premium credit for meeting certain biometric screening values and lifestyle goals such as tobacco free etc..

** Individual/Family

Thanks for any feedback,

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Bronze Conversationalist

@wpollock look at your max OOP vs premium and go with the one that offers the best value. Don't drain funds from your HSA unless absolutely necessary


Bark less. Wag more.
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Honored Social Butterfly

How does your HSA look going into 2021?  Enough there to cover a good portion if not all of your OOP for the operation?  Isn't that the HSA function?

It's Always Something . . . . Roseanna Roseannadanna
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