What is Health Savings Account?

[wizard_jamex]

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In my case, it's different. Since I'm nearly half as my parent's ages, Kaiser is much more ideal for me. Naa koy health care sa akong company nga gitrabahoan then naa koy Kaiser. I have no intention of using Kaiser as a health care but rather as an investment. In this case, time is on my side. The longer nga di nako hilabtan akong Kaiser policy, the greater the returns. God forbid, wala lang untay mahitabo sa Kaiser.

Ok ra na bro. Used kaiser as a back up health care lang.

[wizard_jamex]

Nice title!
Catching!
...sige padayon!




OT:
This must be another IMG thread na pod.
Yey!

@Jackdi

I think TS is not part of IMG. I don't know why he started this thread. Maybe he would clarify some things.

[Dako Ang Imo...]

Let's say, I'm 25 yrs old. how much is my premium? After 15 years, how much will I get like bonuses,etc...?

[Dako Ang Imo...]

Nice title!
Catching!
...sige padayon!




OT:
This must be another IMG thread na pod.
Yey!

hay nako...I'm just clarify and ask some questions about sa HSA? Na timing lang ang IMG nag offer ani 0nga product nga NINDOT kaayo.

[wizard_jamex]

Let's say, I'm 25 yrs old. how much is my premium? After 15 years, how much will I get like bonuses,etc...?

kuan bro, depende sa age bracket.

[wizard_jamex]

Ang 10% during accumulation period kay dili na guaranteed na 10%, pero dili mu naug below 7% per year. Basaha pud ang naka sulta sa ubos kanang gamay nga note. It could go more than 10% if the Financial Market is good kay sa MF na gina invest. May na lang ni kay sa mag time deposit oi, kay kita pa ang insured then naa pud investment more than the inflation rate.

Asa mo kita nga Health Care with Investment.

[wealthyhead]

I think it will depend on the amount of coverage you want.
you can choose the one that is affordable and suitable for your situation.

for more details, it's better if you talk it out with the brokers.

Let's say, I'm 25 yrs old. how much is my premium? After 15 years, how much will I get like bonuses,etc...?

[makie]

It's okay that your parents have health care like kaiser so that you don't worry about their status and you have also peace of mind. "Wala na kay daghan huna huna kay you're parents have already health care". At least, if something happen then Dili ka na mabalaka about sa financial although bahalag Gamay.

I hope you get my point.

Actually, my point was that, instead of getting a Kaiser policy for my parents, I will go for a cheaper one without savings because they are not as young as me.

I'm looking at it in this way:

1.) Get them a different health care plan. Basically the same medical coverage but cheaper since it doesn't come along with savings.

2.) For their retirement, I will invest in other ways that could yield higher than 10% annually.

In the long run makaingon ko nga sayang ang savings because: [1] what if magamit nila ang policy? Which is highly probable because ang mga sakit naa sa katiguwangon mogawas, and [2] if dili nila magamit, mas gamay ang amount nga makuha sa akong parents in comparison if giinvest nako sa lain nga paagi.

In this way, I'm trying to maximize the return of the money considering their age and I could still have peace of mind because my parents have health care and we have an investment for their retirement which could be even be higher than Kaiser.

[wizard_jamex]

Actually, my point was that, instead of getting a Kaiser policy for my parents, I will go for a cheaper one without savings because they are not as young as me.

I'm looking at it in this way:

1.) Get them a different health care plan. Basically the same medical coverage but cheaper since it doesn't come along with savings.

2.) For their retirement, I will invest in other ways that could yield higher than 10% annually.

In the long run makaingon ko nga sayang ang savings because: [1] what if magamit nila ang policy? Which is highly probable because ang mga sakit naa sa katiguwangon mogawas, and [2] if dili nila magamit, mas gamay ang amount nga makuha sa akong parents in comparison if giinvest nako sa lain nga paagi.

In this way, I'm trying to maximize the return of the money considering their age and I could still have peace of mind because my parents have health care and we have an investment for their retirement which could be even be higher than Kaiser.

Ok. nakasabot nako. You mean...you will look for other health care plans without savings and cheaper sad. Bitaw sad...kung magamit jud nila ang policy...sa edad nalang nila daan. Sakto sad na imo bro...Focus sa investment for their retirement sad para magamit nila ang money in the future.

COOL>

[wizard_jamex]

Four kinds of saving:

1st Health Care Savings
2nd Life Protection Savings
3rd Emergency Fund/Savings
4th Save for Investment

So, you must have health care savings first before anything else. It's one of the greatest protection of your assets. =)