Alex is single. He doesn't smoke and gets his annual physical. He uses in-network doctors and pharmacies. Alex has a pretty smooth year.
Let's take a look…
He gets his free annual physical.
$125 vist x 1
100% paid by the company!
Alex goes to the doctor once for strep. The doctor prescribes him two generic medications that he fills at the pharmacy.
$125 visit x 1
$25 generic x 2
He goes to an urgent care clinic after a sports injury and gets an X-ray at an outside facility.
$250 visit x 1
$300 X-ray x 1
Alex sees a specialist twice during his recovery from his injury.
$200 visit x 2
Alex has incurred a total of $1,250 in expenses from providers and services. Now, let’s see which plan would have been better for Him!
in total expenses
In the HSA plan, Alex pays for His care out-of-pocket, while in the PPO plan, He pays copays for most of His care.
And the winner is...
In the HSA plan, Alex pays for His care out-of-pocket, while in the PPO plan, He pays copays for most of His care.