I think you can have both HSA and FSA. Our FSA has a $500 rollover and that works OK for me at the moment. I don't know what HRA is.
I don't know a ton about
HSA plans. I guess they are all different, just like any PPO or HMO plan? I just know the company i used to work for gave us the option of an HSA plan and the costs were all higher, aside from the premium, that was lower. I didn't mean you could use the HSA money for the premium though, I meant if you don't use it year after year, the account will grow and you can use it for deductibles, copays and coinsurance.
The people I knew who used the HSA for expenses other than health were doing it against the policy rules. I have no idea how that works, or what happened with it. I've never done it myself
As I said, I've never had an HSA. I've only had the FSA and I've had to provide receipts on that a few times for expenses that were clearly health related.
it seems like many of us have a bit of confusion about
HSA plans. The one I was offered, it was basically a very watered down version of my PPO plan, but with low premiums, high deductibles, high out of pocket costs, and the company for which I was employed gave about
$1000 in an account to use to cover costs. That money rolled over. This is great for healthy people, but not so great for people who are definitely going to use the $1000 and then some.
I guess the question is, can you get an HSA in addition to any PPO or HMO plan? Or is the HSA an adjunct to certain plans? That's what I don't understand. If you can opt for the HSA over the FSA, I understand the benefit and it would make sense, but the only place i was offered an HSA, it wasn't an equal plan to the more expensive PPO plan that had a higher premium and much lower out of pocket costs. I opted for the more expensive plan without the HSA in that case.