HELP: Married + newborn PPO v. HDHP (w/ HSA)?

[antediluvian]

My wife and I (both healthy, only go in-network for services) just had a baby and are looking for some insight on what insurance plan to go with. We've been on the HDHP option for the past year or so. High-level plan details below as well as links to the full summary of benefits.

PPO:

• Premium: $546/month
• Deductible: 0$
• Co-pay: $25
• Co-insurance: 10%
• OOP Max: $5000
• Full summary of benefits

HDHP (w/ HSA):

• Premium: $453/month
• Deductible: $2800
• Co-pay: 20% (after deductible)
• Co-insurance: 20% (after deductible)
• Employer HSA Contribution: $41.66/month
• OOP Max: $4500
• Full summary of benefits

Happy to answer any questions or dig up any more info. Appreciate the help!

 

[ryanc111]

@antediluvian My broken-record default is to encourage people with choices to compute your total cost of coverage for each option, & compare. Here's an illustration of the basic comparison items.

You may also want to look at your options for "dividing & conquering" - you're under no obligation to enroll all in your family in your employer-sponsored plan. Depending on your ages, options offered in your area, & contribution requirements for your employer-sponsored options, you may win by covering just you - or maybe you & baby - on one of your employer-sponsored plans, with spouse (and/or child) on a marketplace plan