A health insurance plan where half the premium normally paid to a PPO is invested in a personal portable savings account akin to a 401k. It's triple tax deferred. Money going in, money going out, and money invested in it is tax free as long as it is used for medical expenses.
Also known as a health savings account.
Michael - "What's an HSA?"
Rocco - "I just paid $300 of medical expenses with my HSA...but at least the money spent was pre-tax, not like a PPO plan where insurance executives and the government already took their share and made my past medical expenses even more expensive. Why is anyone still buying PPO plans?"
A type of health insurance plan which increases 3-5% annually without any increase in medical benefits.
Also known as a preferred provider organization.
Michael - "What does PPO stand for?"
Rocco - "It stands for Piss Poor Option."
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When youâve been awake for so long that at the next sunrise you suddenly feel rejuvenated.
If it were not for the Kryptonian Effect, I never would have made it through exams today.