Our open enrollment period is coming up and already there’s been massive changes. I’ll probably take catastrophic coverage and put more into a Flex Spending Account.
I sure wish my husband’s present employer had an HSA—I used to like the one we had at his previous employer; although I think I read that HSA’s were working too well and Obama did something to screw that up too. Maybe someone out there knows more about it. We’ve never used an FSA because normally we don’t have much in the way of health care costs (knock on wood). I liked the HSA because the money floated with us from year to year and even when he left the job.
Found this from March 2010 about HSA’s—also mentions FSA’s.
Side Effects: Obamacare May Be Fatal for Your HSA
http://blog.heritage.org/2010/03/31/side-effects-obamacare-may-be-fatal-for-your-hsa/
Beginning in January, you can no longer use Flex money to purchase OTC drugs, unless you get a prescription from your doctor. Imagine having to ask your doctor for a prescription for Ibuprofen or Robitussin!