Archive for May, 2009

Health Savings Account Fundamentals - Asking for Cash Discounts!

Thursday, May 28th, 2009

Marc Hart asked: The purpose of this short, easy to understand report is to make you aware of the benefits of paying cash to your health care providers.Health care providers are being educated to the benefits of catering to patients who hold HSAs. Health care providers are being bombarded with ...

Losing Your Group Health Insurance: Are You Next?

Thursday, May 28th, 2009

Brad Miller asked: The question is not whether your employer will drop its employee group health plan, but when. The good news is that the alternatives are actually better than the current system.Changing times are eroding the old systemWhen group health insurance developed during World War II to attract a ...

How to Manage Health Savings Accounts

Tuesday, May 26th, 2009

Wiley Long asked: Health Savings Accounts consist of two parts - the high deductible health plan (HDHP), and the Health Savings Account (HSA) itself.  By carefully choosing which bank you use to establish your HSA, and strategically choosing how to fund your account and manage your investment, you will be ...

Bridging the Gaps with Health Savings Accounts

Friday, May 22nd, 2009

Robert Valentine asked: As often happens to investment vehicles created by legislation, Health Savings Accounts (HSAs) have suffered under the complex regulations meant to discourage misuse. However, the accounts have potential to do more than simply allow investors to save and pay for health-care expenses with tax-free dollars. They offer ...

Learn How to Beat the Health Savings Account Tax-savings Deadline

Wednesday, May 20th, 2009

Wiley Long asked:  The December 1st deadline is drawing near to secure substantial savings on your current year taxes. With the upheaval in our economy, there has been quite a surge in the number of people applying for HSA-qualified health insurance. HSAs, or Health Savings Accounts, allow you to put ...

How you Can Save Up to 47% on your Health Insurance, Right Now

Sunday, May 17th, 2009

Dennis Alexander asked: Do Not Read This Unless You are Making a lot of Money!:If you would like to know how you can save up to 47% on your current Health Insurance Coverage read on… this is going to be one of the most informative messages you will ever read. ...

Year-end Health Savings Account Tax Strategies

Wednesday, May 13th, 2009

Wiley Long asked: 2007 is just around the corner, and there are several issues to consider if you currently have an Health Savings Account (HSA), or are planning on getting one in the near future.100% of the deposit you place in your HSA is deductible on your federal income taxes. ...

What’s the Difference Between an HSA and an HRA?

Tuesday, May 5th, 2009

Kurt Stammberger asked: An HSA - a "healthcare savings account" - is medical and retirement planning savings account that can be used on a tax-advantaged basis. HSAs were created in Medicare Modernization legislation passed in December 2003. To be eligible for an HSA, a consumer must be covered by a ...

Understand Health Insurance for Your Family

Tuesday, May 5th, 2009

Marilyn Katz asked: at choosing the best health insurance plan can be very confusing. After all, most of us are not benefit professionals, and we need to wade through a lot of details to get to that right plan. Our parent's generation probably had it a lot easier. For one ...

Learn How to Use Your Health Savings Account to Pay for Dental Expenses

Friday, May 1st, 2009

Wiley Long asked: Paying too much for coverage and not having enough coverage may be a familiar scenario for many of the residents in America. Not many health insurance companies offer policies with coverage that will give you dental, eye and alternative care. Americans are spending over $30 billion annually ...