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Authorized independent agent and licensed in GA 595707 and 153782, AL A221211, AR 394983, AZ 1028006, CA 0104295, FL P009487, IA 7081467, MO 8055643, MS 405036, NC 7081467, NJ 15260 12, NY LB-1177472, SC 380702, TN 930031, TX 1569264 and VA 614046.

 

Disclosure:  Coverages and availability vary by state.  Not all businesses and individuals qualify.  This does not constitute legal, tax or accounting advice or opinion.  Consult with an experienced and properly licensed professional regarding the specific suitability of any planning technique or benefit plan design.   

 

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Health Savings Accounts (HSAs)

A Health Savings Account or HSA is an option that many carriers are now offering as an enhancement to a traditional HMO or PPO plan.   HSAs combine a tax-favored savings account with a high deductible/low premium plan designed to save you money. Funds in the savings account are used to pay for out-of-pocket medical expenses until the deductible is met.  Money left in the savings account at the end of the plan year continues to earns interest, tax free and rolls over to the next year.