Family Balance Sheet
FEBRUARY 9, 2018
It will provide perspective for the following information and numbers. We had high deductible health plans from 2004 – 2016 and contributed many years to a health savings account. We used those funds to pay for our medical bills in 2017 and that account is now depleted and closed. It worked really well!
Family Balance Sheet
SEPTEMBER 13, 2017
As of today, we plan to renew with Medi-Share for 2018. However, due to depleting the $10k we had set aside, we must now build our savings for future medical bills. Unfortunately, we can’t contribute to a health savings account, per IRS rules, but we opened up a regular savings account earmarked strictly for our medical bills.
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