These US healthcare systems are effectively scams. Yes in theory they can save you money, however in theory there is no difference between theory and practice, while in practice there is.

  • IHawkMike@lemmy.world
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    1 year ago

    The private financial company—which you don’t get to choose—gets its cut as well, in fees, some which are hidden.

    Not disagreeing with anything, but people should know that even if you’re locked into a crappy HSA provider through your employer, like BenefitWallet, you can and should still open an HSA with a good provider, like Fidelity, and max out and invest contributions there.

    Just don’t forget to save all the receipts for out-of-pocket health expenses.

    • ccunning@lemmy.world
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      1 year ago

      You can also transfer your funds from you company’s shit provider to your own HSA account.