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re: Anybody else using their HSA as a retirement vehicle?

Posted on 3/25/24 at 10:24 pm to
Posted by Semper Gumby
Member since Dec 2021
316 posts
Posted on 3/25/24 at 10:24 pm to
quote:

I decided to go with Medishare. But thats a whole different topic I guess.


I’d be interested in reading a thread about your experience with this. I talked to a rep on the phone long ago, and didn’t feel comfortable with it. I asked him details on how it would cover large medical expenses like cancer or open-heart surgery and he simply said the costs would be shared. I asked for in depth percentages of my out of pocket and he couldn’t give specifics.
Posted by Jag_Warrior
Virginia
Member since May 2015
4180 posts
Posted on 3/26/24 at 8:59 am to
quote:

I’d be interested in reading a thread about your experience with this.


Here’s a link that you might find helpful. I know people who’ve joined Samaritan and CHM. The feedback I’ve heard has been positive with both. I looked at CHM when I was planning my retirement (well prior to Medicare age). I decided to go with a HDHP that I can deduct as a business expense and also have an HSA, which one cannot fund with the health sharing plans.

But check out the link and see if one of these plans would suit your needs, and if you’d be eligible.

Health Sharing Plans
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