Look at the following chart. If you choose more answers in the left column, the HSA Plan may be the best choice for you. If you choose more items in the right column, the HRA Plan or Co-Pay Plan may be the best choice for you.
|How much do you want to pay each paycheck?|
|I want to pay less each paycheck even though I’ll pay more when I use the plan.||I’m willing to pay more each paycheck so I can have a lower deductible and pay a little less in coinsurance (HRA or Co-Pay Plans)|
|I’m willing to save some of my own money to use for expenses during the year, as long as it saves me money on taxes, earns interest, and I get to keep it if I leave the company.||I would rather not save any of my own money toward medical expenses.|
|How healthy are you and the family members you’ll be covering?|
|Only see the doctor once or twice a year.||See the doctor about four times a year for checkups and minor illnesses.|
|Get one or two prescriptions each year. Usually they’re generic.||Get one or more brand-name prescriptions for my condition and usually have other prescriptions filled throughout the year for minor illnesses.|
|Healthy! No known problems!||Generally healthy, but I get sick a few times each year and have to go to the doctor.
Have a chronic condition (like diabetes, high cholesterol, asthma or high blood pressure).
|RESULTS: Your best choice may be:|
|Agree with more items on this side of the chart? The HSA plan may be the best choice for you.
Why: It offers the lowest cost per paycheck in exchange for a higher deductible. Both you and NV Energy contribute to your HSA, your account earns interest, and you can take your account with you if you leave the company.
|Agree with more items on this side of the chart? The HRA Plan or Co-Pay Plan may be the best choice for you.
Why: It costs more each paycheck than the HSA Plan, but it has either a lower deductible or no deductible, just copays. You can’t take the money with you if you leave the company.