Oops, it didn't occur to me this could become a political debate. I was just giving it a label--a quick way to recognize the type of ins plan it was with-o a lengthy explanation. :eek:
Sorry!
husband's ofc mgr explained it to me today. You're supposed to get a credit card and deposit $ into the acct (about half of the ded.), which is supposed to cushion the blow. husband (or any employer) is supposed to put up the $ and arrange with-a bank to create this whole thing, and if you never meet your ded. (for eg, if you're single and very healthy) you can keep the $ and add to it the next yr. Eventually you can roll it over into a mutual fund or whatever qualifies.
Whew. I feel better now. :crazy:
Except I have to really, really keep track of ALL receipts, PLUS file my own scrip ins.
The really bad part is that in a sense, the whole thing is my fault because I got cancer last summer and BC/BS raised our rates through the roof. :mad:
