Health Insurance Explained | HDHP vs PPO, HSA vs FSA, HRA, HMO & More!

10 videos • 1,604 views • by Diamond NestEgg There are so many health insurance options out there - how do you choose? Watch on to figure out the difference between a high-deductible health plan (HDHP) vs preferred provider organization (PPO) & which one allows you to open a health savings account (HSA) - what many refer to as their secret retirement tool. And what if your company offers an HSA vs FSA (flexible spending account)? What is an FSA? What is an HSA & how do weigh out FSA vs HSA pros & cons? What about an HSA vs HRA (health reimbursement arrangement? What are the pros & cons of each & how do you decide between all the health insurance plans available to you? What is a deductible? What is coinsurance? What's an HMO? We'll talk about all this & more so that you can make the most informed decision about your healthcare costs as possible!