Tips For H.S.A.’s
Blue Cross offers three Health Saving Account (H.S.A.) qualified plans. Here is a list of reasons why you should consider opening a Health Savings Account:
1. HSA’s belong to the account holder.
2. The money your contribute is yours! You own it!
3. There is no “use-it-or-lose-it”, like cafeteria plans.
4. Contributions are non-taxable, and grow tax deferred
5. You can use the accumulated funds to pay for qualified medical expenses with tax free dollars
By purchasing a HSA qualified health plan, you will be taking on a higher deductible, thus lowering your monthly premium. Many people will contribute the premium savings into the HSA to fund for the higher deductible expenses, should something catastrophic occur.
Blue Cross offers three qualified “HSA” plans. check them out at http://www.michiganindividualplans.com/flexible_blue.html
Call us today 866.791.5689
Tags: Flexible Blue, Health Savings Account, HSA



August 7th, 2009 at 12:30 pm
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