Healthcare And Miscellaneous Benefits

From picking the right medical plan to using hidden financial perks, there’s a lot you can do to stretch your benefits beyond equity. Here are the core points from the lesson:

• PPO, EPO, and HMO plans vary in flexibility and cost, with PPOs offering the most freedom and HMOs the lowest cost but most restrictions
• Understanding plan terms like premiums, deductibles, copays, and coinsurance helps you estimate total medical costs more accurately
• HSAs offer exceptional tax advantages and long-term growth potential, especially if you invest the funds and save receipts for future reimbursement
• FSAs are employer-based, use-it-or-lose-it accounts that are best used only when you know you’ll spend the funds during the year
• Tech workers may also have access to other valuable benefits like legal services, fertility support, wellness stipends, and insurance—but employer-provided life and disability coverage may not be enough if you truly need it

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