How to choose insurance?

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I’m 26

Male

live in Texas

income has been crazy this year due to covid (switching jobs/short term jobs/unemployment), but finally found a stable job I see myself at for at least 5 years, projected to make around 24k w/ this job for the foreseeable future

no underlying health conditions or tobacco use

my job is offering me a $100 HRA towards my monthly premiums, but when I shop for insurance it says I’m eligible for a $217 tax credit OR the $100 HRA from my employer. Don’t really understand how that works.

Looking at the plans through the marketplace and the HRA’s site the cheapest (only ones I could maybe afford, all bills considered) are gonna be around 200 and up. These plans offer no benefits until a 6-8k deductible is met. At that point it just feels like I’m better of bartering with the hospital to lower my bill after the fact if I do go in for something catastrophic. I won’t be going to a doctor or hospital for anything less than an emergency.

I purchased vision and dental insurance on my own because the premiums are low and I appreciate getting new glasses every year and like having my teeth cleaned. Don’t know if the HRA covers any of that, but I don’t think so from what I’ve read.

submitted by /u/nineball22
[link] [comments]
I’m 26 Male live in Texas income has been crazy this year due to covid (switching jobs/short term jobs/unemployment), but finally found a stable job I see myself at for at least 5 years, projected to make around 24k w/ this job for the foreseeable future no underlying health conditions or tobacco use ​ my job is offering me a $100 HRA towards my monthly premiums, but when I shop for insurance it says I’m eligible for a $217 tax credit OR the $100 HRA from my employer. Don’t really understand how that works. ​ Looking at the plans through the marketplace and the HRA’s site the cheapest (only ones I could maybe afford, all bills considered) are gonna be around 200 and up. These plans offer no benefits until a 6-8k deductible is met. At that point it just feels like I’m better of bartering with the hospital to lower my bill after the fact if I do go in for something catastrophic. I won’t be going to a doctor or hospital for anything less than an emergency. ​ I purchased vision and dental insurance on my own because the premiums are low and I appreciate getting new glasses every year and like having my teeth cleaned. Don’t know if the HRA covers any of that, but I don’t think so from what I’ve read.
submitted by /u/nineball22 [link] [comments]Read Morer/HealthInsurance

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