Financial Aid for Returning Students 13-14

grp2013
Fri, 31 May 2013 16:16:10 +0000

@charlie, well that would be seriously disappointing as being on an HSA means we have to put a higher $ amount into our plan to cover the deductible - but it is all spent on medical expenses since it’s a high-deductible plan ($4K deductible prior to insurance coverage). It’s basically a trade-off, lower premiums and higher deductible, but the non-taxable income amount is about the same as it would be with higher premiums and lower health spending account. But if UVA now considers the HSA contribution as income, but keeps the premium as not included, that is a significant swing that now impacts my decisions on health care plans, which just seems horrible if true.