We're currently reviewing our options for health insurance. I'm covered through work, but my husband and son (4) will both need coverage. We used to have a high deductible plan that's now been phased out, so this is our first time searching for ACA coverage.
The choice is basically between the bronze HSA plan (about $370 per month with a $5000 deductible per person, and a $6450 out-of-pocket), and the gold plan ($542 per month with a $650 deductible, and $4000 out-of-pocket). We'd save $2000 per year on monthly payments going with the bronze plan, and could put up to $3200 per person in an HSA (my current understanding). We've got a decent sized 'stach, and so could cover unexpected costs if required (my husband seems to be accident prone, and my son is extremely active).
But I was actually surprised that the price difference seemed relatively small between the two plans. I'm starting to wonder if the gold plan might just be a better option for us. IF something happens, it could cost us far more than the 2000 saved. It is also too late for me to increase the amount being set aside in my FSA plan at work.
Any thoughts?