Health Savings Accounts

An alternative to paying a high monthly deductable for care that you may never need, a High Deductable Health Plan allows you to pay a lower premium and funnel your savings into a Health Savings Account (HSA) that provides you with tax free growth and tax free withdrawal for you medical, dental and vision care needs.

Key Advantages of a High Deductible Health Plan and Health Savings Account:

• Lower Premiums: Generally around 25-30%
• Simplicity: Plan may cover 100% of expenses after deductivle is met
• Value: You spend less money in years when you don't require healthcare
• Savings: Lower total costs on small and large claims
• Tax-Deductable: HSA's are a separate deduction from your income
• Tax-Free Savings: HSA's can be invested and earn tax-free income

Click here to read more about High Deductible Health Plans and Health Savings Accounts (Link to HDHP Comparison PDF) or Contact David Stockman today at 636-537-0821!