I have the money -- or should I say I will have the money.
I have a health saver account. So I arranged to have enough deducted from my pay to cover the entire deductible plus what my daughter's orthodontist costs will be through the year. This amount comes out of each of my paychecks before taxes so there is definitely a good benefit. The problem is you do not have access to the amount until it is pulled out of the your pay (which makes sense). The other pro is if you do not use it in that taxable year, you can roll it over into the next year.
The other health saver account I had previously you had access to the full amount on day 1 of the new year even though you did not put anything into it yet. It is a slightly different type of program (comes out before taxes too) where you are very limited on how much you can put it and you either use it in that tax year or you lose it. So there were pros and cons to this one.
The problem being my kid going to the hospital in Jan I don't have he full amount available to me yet. I think when I get the bill from the hospital I will call and see if I can pay monthly. I have only received a bill from the doctor in the hospital. I haven't received the bills yet from the hospital and from the care from our doctor for follow up visits.
The discount I don't think will work as we already are getting a discount because of our insurance. So we would have been paying a lot more if not for the insurance discount already.
Just really bad timing - if this happened toward the end of the year, we would have had all this money accrued.