[Question - Insurance] - CDHP / HSA Question

I just started a new job and I have the option of signing up for a CDHP, with an HSA to supplement it.

I’ve always signed up for HMO / PPO in the past, so I’m confused about how a CDHP works.

1. It looks like $50 is taken out every two weeks if I choose the CDHP option, does this money just go straight into my HSA? 26 paychecks * $50 = $1,300, how would I contribute the remaining $2,300 to max it out? (post-tax and then deduct it on my taxes?)

2. would my co-pays for doctor/specialists be the same as if I chose the PPO option? PPO option = $30/$40 (reg/specialist), when I look this up under the CDHP, it just says "ded & co-ins".

3. I go to regular doctor once a year for blood work, and I see an oncologist once a year, and I take thyroid medication which is $15-25 with or without insurance. Am I screwing myself over if I end up going the CDHP / HSA route as opposed to PPO? Thanks for the help!

https://ift.tt/eA8V8J Submitted July 06, 2021 at 06:20AM by rlanger25 https://ift.tt/3ApXMAx