Tag Archives: Health Savings Accounts
7 Things You Should Know About Health Savings Account Plans
7 Things You Should Know About Health Savings Account Plans
Health savings accounts (HSAs) are wildly popular. Since their introduction in 2004, approximately 2.5 million Americans have enrolled in these so-called consumer-driven health plans. But, alas, HSA plans are not for everyone.
Here are some pointers to help you consider whether an HSA will benefit [...]
A New Idea To The Health Insurance Crisis In America
A New Idea To The Health Insurance Crisis In America
Lack of health insurance coverage for over 41 million Americans is one of the nations most pressing problems. While most elderly Americans have coverage through Medicare and nearly two-thirds of non-elderly Americans receive health coverage through employer-sponsored plans, many workers and their families remain uninsured because [...]
Health Savings Accounts Put You in Control of Your Healthcare
Health Savings Accounts Put You in Control of Your Healthcare
As Health Savings Accounts grow in popularity, there is growing fear among those who want to nationalize healthcare that they will not be able to put the cat back in the bag. There are already over 3 million HSA owners, and by 2010, the Treasury [...]
Providing Hope for the Uninsured: New Plans for Solving the
Providing Hope for the Uninsured: New Plans for Solving the Healthcare Crisis
Perhaps there is hope for fixing the healthcare crisis after all. Hillary Rodham Clinton, author of a failed attempt to overhaul healthcare in the 90s, and Newt Gingrich, engineer of the 90s Republican Revolution largely brought on by Clintons failed attempt, sat down [...]
The Latest Money Saving Group Health Insurance Strategies for California
The Latest Money Saving Group Health Insurance Strategies for California Employers
1. Health Savings Accounts (HSA)
This is a strategy where the employer buys a health plan with a large deductible. Typically, these are groups that are coming from a plan with a very low deductible. Since the higher deductible plans are usually much [...]
The New Way To Lower The Cost Of Health Insurance
The New Way To Lower The Cost Of Health Insurance
It seems that every day there is an article about the rising cost of health insurance, the high number of people with no health insurance, and our system of financing medical care which is broken and needs repair or replacement.
What goes unreported is that since [...]
Using Your Health Savings Account to Build Retirement Savings
Health Savings Accounts are an excellent way to build a second retirement account. These tax-favored accounts, which have only been available since January of 2004, can be opened by anyone with a qualifying high-deductible health insurance plan. Once you open an HSA account, you can place tax-deductible contributions into it, which grow tax-deferred [...]