health savings account hsa health saving account
health savings account texas hsa texas health saving account texas
health savings account unicare hsa unicare health saving account unicare
health savings account unicare of texas hsa unicare of texas health saving account unicare of texas


Online Health Savings Account - HSA instant quotes, plans, and applications

   Home

   Individual/Family

   Small Group

   Senior

 
  Health Savings Account (HSA)

BULLETIN: Effective Jan 1st, 2004, the new HSA (Health Savings Account) will expand the MSA accounts to allow among others, the following improvements:

100% funding of the deductible up to set limits
Permanent program...no longer needs to renewed
No longer requires self-employed status
Both employer and employee funding of accounts for Small Group policies

 Now...on to the Health Savings Account

Think of the HSA (health savings account) as a combination between a high deductible insurance plan and an IRA (individual retirement account)

                    - fund with pre-tax dollars 
                    - accrue interest tax-deferred
                    - pay out medical bills tax-free

HSA's were created to go hand-in-hand with a qualified high-deductible health care plan so that individuals could pay less in monthly dues and put the savings (along with additional funds) in a tax-exempt HSA. An HSA allows you to use tax-free dollars to cover routine and minor medical expenses while you satisfy your deductible-expenses that would otherwise come out of your after-tax income.   

Let's take a better look at how it all works...essentially there are two parts...
next page

 
email us
here with your questions

or call:

866/444-3332
texas health insurance

    Home  |  Email  |  About-us  |  Short-Term  |  Travel Medical  |  MSA  |  Health 101
Copyright 1999 by Texasplans, Authorized Agents All Rights Reserved.