Health Savings Accounts work in conjunction with a High Deductible Health Plan to allow you to save more money on your health care dollar. The savings that you will get from your premium for a High Deductible Health Plan (HDHP) can be placed into your health savings account tax free. If you don't use the money in the HSA, you get to keep the money instead of using it to pay high premiums for traditional health insurance.
GET QUOTES AND APPLY ONLINE WITH ASSURANT (Formerly Fortis) or GOLDEN RULE (United Health Insurance) with the links above. Call us at 866-373-4948 for us to advise you and walk you through the application process step by step. Show everyone how smart you are with how much money you save with Health Savings Accounts. As much as 40% off traditional PPO plans.
Health Savings Accounts were designed by an act of Congress to help consumers save money on health care costs. These accounts are tax free savings accounts intended for health and medical expenses. Otherwise known as consumer driven health care, the US congress established the Health Savings Account system in an attempt to control the rising cost of health care in the United States. Click here for a useful guide to HSA's from a government site, then come back here to sign up for your HDHP and HSA.
The High Deductible Health Plan is full insurance coverage, but it does not have any copayments. Everything is first subject to a deductible and then is insured at a coinsurance rate (usually 100%). Since you know your out of pocket maximum for health care in a given year, you can place the out of pocket maximum for you and your family's HDHP into your Health Savings Account and know that you will be covered in the event that a medical necessity should arise. Typically premiums for HDHP's are close to 40% less than that of a regular PPO plan with copayments. Those savings are making many people consider switching to Health Savings Accounts.
Before you get an HSA, you must first have your HDHP in place. Contact us or browse information about Health Savings Accounts for yourself online to find out how much money you could save with a Health Savings Account. If you have any questions, we have agents available who will be happy to help you. Generally signing up can take as little as 10 - 15 minutes online and you can enjoy the health care savings right away.
We typically recommend HDHP's with either Golden Rule (United Health Care) or Assurant Health (formerly Fortis). Contact us and we will go over the best HSA for you and your family. We look forward to hearing from you and helping you save money.