Health Savings Accounts (HSA)

Health Saving Accounts now available to anyone.

Individuals* Self employed * 1099 *Sole proprietor * Small business.

Anyone!

Real estate agents, educate yourself on the benefits of a health savings account. Once upon a time health savings accounts were only available to large employers. Health savings accounts are now available to anyone with an approved high deductible health plan. Regardless if it is an approved health plan purchased by an individual or employer. Sky rocketing group insurance costs provide motivation for employees to consider purchasing their own coverage outside of the work place. Carriers such as Carefirst, Coventry Healthcare, and United Healthcare continue to expand their individual product lines in response to the demand.

A Health Savings Account (HSA) is a portable savings account that allows you to set aside money for health care tax-free. You must have high deductible health insurance to open an HSA. Different from other benefit products, an HSA rolls over from year to year (there is no "use it or lose it"), interest is paid, money can be invested in mutual funds, and it is owned by you. Many liken an HSA to a "medical IRA".

Considering the high costs of health care today, an HSA offers a wide range of benefits to consumers:

Affordable Health Insurance
You pay less each month for high-deductible health insurance
Triple Tax Advantages
Pre-tax contributions to your HSA, tax-exempt interest and investment gains on your HSA, and tax-free withdrawals from your HSA for qualified medical expenses
Unprecedented Control
You are now in control of how your healthcare dollars are used - save or spend, it's your choice
Portable
Your HSA is an account that you own and remains in place regardless of where you work or what insurance company you are insured by
Flexibility
Your HSA contributions can be used to pay for a wide range of eligible medical expenses not typically covered by low deductible health insurance or other healthcare accounts
Control
HSA contributions can be directed toward long-term investment vehicles, such as mutual funds, to maximize future value of your HSA

Check pricing and apply for H S A approved health insurance @ www.Marylandinsurance.ws. Select the health insurance link under the personal insurance heading.