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High Deductible Health Plans (HDHP) Benefit Groups and Individuals
Jul 14, 2006

Tom Rogala of http://www.HSASale.com list the benefits that Individuals and Groups have found when using High Deductible Health Plans (HDHP) and their accompanying HSA accounts.

Source: http://www.prweb.com/releases/2006/7/prweb410715.htm

(PRWEB) July 14, 2006 -- Tom Rogala of http://www.HSASale.com list the benefits that Individuals and Groups have found when using High Deductible Health Plans (HDHP) and their accompanying HSA accounts.

Individuals Benefit with a High Deductible Health Plan by:

Saving Money - Individuals save more than enough money on the premium & taxes to cover the high deductible. The accompanying HSA account can not only be used to pay for eligible medical expenses but to save for retirement - the funds tax free after age 65.

Saving on other premiums - HSA funds can be used to save money on premiums for dental, vision and long-term care premiums.

Helping the Entire Family - All family members have access to HSA funds; even if they are declined or have coverage through their employer.

Reducing Taxes –Use of a HSA account to pay for qualified health expenses tax free will save individuals and families money.

Businesses Benefit with a High Deductible Health Plan by:

Reducing Costs - 5 individual HSAs are cheaper than a 5-employee group HSA plan.

Convenient Billing -One list bill can be sent to the employer for all 5 individual plans.

Increasing Moral - Give a Raise! Employers can drop group sponsored health plans - and the headaches that go with it - and give raises because of the cost savings.

Covering the Deductible - Some companies offer an accident rider that will pay the deductible.

Automatic Deductions - Premiums can be deducted from the employee's check pre-tax.

Saving Money - Employees save more than enough money on the premium & taxes to cover the high deductible.

Saving on other premiums - HSA funds can be used to save money on premiums for dental, vision and long-term care premiums.

Helping Their Whole Family - All family members have access to HSA funds; even if they are declined or have coverage through their employer.

http://www.HSASale.com is the website for Custom Benefit Solutions, owned by Tom Rogala. Tom is an independent health insurance broker who provides High Deductible Health Plans to individuals, families, and groups. He is a graduate of Alma college with over a decade of experience in the health care industry. His specialty is Health Savings Accounts.

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