The new plan has a max out of pocket of $6000 for a family. ASA puts in $1000 up front. If you have an adequate emergency fund ($5000) saved up, then this should not bankrupt you. Heck, after $2400, you only pay 20% till you get to the $6000 amount. However, if you don't have an emegency fund, and are living hand mouth, then you are on the edge and the wind is blowing.
Best of luck to you.
I am pretty good with money. I have a good bit in the bank. My mortgage is reasonable, and I have no other debt whatsoever. That doesn't mean that I would feel good about spending so many thousands for a broken leg or an appendix operation. (Not to mention all the other crazy things life can throw at you at random.) God forbid you had some chronic health condition requiring ongoing treatment and/or medication.
Thanks for your award-winning financial advice, but I think I would like very much to avoid the risk of spending $6,000 per year on potential health issues. You can go ahead and hop right over-if that suits you, but I would like the option to not take such a huge finanial risk to save $40 per paycheck.
-Sincerely-I hope your health is good and your life is long... That would be the only way the new plan would ultimately prove cheaper.
-Good point about the union-people like SkyNation can have stuff like this imposed on them at any time Jerry wishes-with absolutely no recourse.