Simone's and her family get their annual physicals, and they don't smoke. They use in-network doctors and pharmacies. But this is a tough year due to serious health conditions and a sports injury.
Let's take a look…
All of the family members get their physicals and the kids get their immunizations.
$125 x 5 = $625
100% paid by the Company!
All three kids get sick a few times. Each time, they receive multiple generic prescriptions to help them get better.
$125 visit x 9
$25 generic x 18
Simone's husband and her oldest son both see a specialist monthly for ongoing conditions. To manage their conditions, they are prescribed three preferred brand medications. Simone fills the prescriptions through mail order.
$200 visit x 24
$400 preferred brand mail order x 2 x 4 (8)
Simone's infant daughter has a serious case of bronchitis and is taken to the ER. They keep her in the hospital for two days of observation.
$2,500 visit x 1
$4,000 hospital stay
Her husband's specialist schedules him for in-patient surgery given his condition is getting worse. The surgery results two days in the ICU.
$25,000 surgery
$12,000 ICU
Her oldest son is injured badly during a soccer tournament. He goes to physical therapy twelve times for the injury.
$115 visits x 12
Her oldest son is also prescribed a generic pain medication during his recovery. Simone fills it twice at the pharmacy and then twice though mail order.
$25 generic x 2
$70 generic x 2
Simone has incurred a total of $55,270 in expenses from providers and services. Now, let’s see which plan would have been better for Her!
in total expenses
In the HSA plan, Simone pays for Her care out-of-pocket, while in the PPO plan, She pays copays for most of Her care.
And the winner is...
In the HSA plan, Simone pays for Her care out-of-pocket, while in the PPO plan, She pays copays for most of Her care.