Health Savings Accounts

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Individual Health Insurance | Group Health | Term Life | Dental | Short Term

Maximize Your HSA
We Make It Easy!

Learn how to take advantage of the money-saving benefits of a Health Savings Account. HSA for America is the nation’s number one source for individual and family HSA-qualified health insurance plans. Health Savings Accounts can enable you to:

Lower your health insurance premium by 30 - 50%

-	Our typical client saves $80 - $250 per month when they switch from a traditional health insurance plan to a Health Savings Account plan. HSA Savings Worksheet

Reduce your income taxes up to $1,600 - $1,800 each year

-	Any money you deposit in your Health Savings Account is 100% tax deductible, and can be withdrawn to pay for medical expenses, tax-free.

Build a medical retirement account of several hundred thousand dollars

-	The funds in your HSA are always yours, and grow tax-deferred like an IRA. At age 65 the money can be withdrawn penalty free for any reason Future Value Calculator

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Health Savings Account - What Is It Flash Video

Eligible and Ineligible Expenses - Lists the types of expenses with are HSA eligible.

HSA Savings Worksheet - use this form to help you determine annual health care savings with an HSA Plan.

What's New About HSA's? (Short Video) - presented by CEO of Golden Rule.

Frequently Asked Questions about HSAs

5 Great Reasons to have an HSA -

Future Value Calculator- use to find future value of an HSA savings Account.

Plan Cost Comparison Calculator - compare the costs of your current plan with a proposed HSA plan.

Treatment Cost Estimator - use to lookup estimated costs of various medical procedures, by region.

Health Savings Accounts also provide considerable tax savings while reducing health insurance premiums 35 - 50% and sometimes even more.

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Five Great Reasons to a Have a Health Savings Account:

1. Tax Savings.

Federally Qualified* HSA contributions can be deducted from your gross income on your federal tax return, even if you do not itemize deductions.
Many states also allow the deduction from state income taxes.
Individuals can write off 65% of their deductible and a family can write off 75%.

2. Earned Interest.

Funds left to accumulate in your HSA can grow with tax-deferred interest earning.

3. Reduced Insurance Premiums.

Your insurance premiums are usually lowered by 20%-40% when you change from a low deductible to a high-deductible plan.
You can use these savings to fund your MSA.

4. Portability.

Even if you change jobs, your MSA funds go with you.
You own your account.

5. Long-Term Savings.

You can choose to let the funds in your account grown tax-deferred.
After age 65, you may make withdrawals from your MSA for any reason without a penalty.

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Qualified Medical Expenses Eligible for reimbursement

The following lists provide a brief summary of the information described in the Internal Revenue Code and IRS publication. The lists are intended to serve as a quick reference to help determine whether or not an expense may be eligible for HSA reimbursement. This information is provided with the understanding that we are not providing tax advice. Tax advice should be obtained from a professional tax advisor. IRS Publication 502 can be ordered from the IRS by calling 1-800-TAX-FORM (1-800-829-3676).

abortion
acupuncture
air conditioner (when necessary for'
relief from an allergy or for relief from
difficulty in breathing)
alcoholism treatment
ambulance
anesthetists
artificial limbs
autoette (when used for relief
of sickness or disability)
birth control pills (by prescription)
blood tests
braces
cardiographs
chiropractor
Christian Science Practitioner
contact lenses
contraceptive devices
convalescent home (for medical treatment only)
crutches
dental treatment
dental x-rays
dentures
dermatologist
diagnostic fees
diathermy
drug addiction therapy
drugs (prescription)
eyeglasses
fees paid to health institute
prescribed by a doctor
FICA and FUTA tax paid for medical
care service
fluoridation unit
guide dog
gynecologist
healing services
hearing aid and batteries
hospital bills
hydrotherapy
insulin treatments
lab tests
lead paint removal
legal fees (to authorize treatment for
a mental illness)
lodging (away from home for outpa-
tient care)
metabolism tests
neurologist

nursing (including board and meals)
obstetrician
operating room costs
ophthalmologist
optician
oral surgery
organ transplant (including
donor's expenses)
orthopedic shoes
orthopedist
osteopath
oxygen and oxygen equipment
pediatrician
physician
physiotherapist
postnatal treatments
practical nurse for medical
services
premiums for long-term care
insurance
premiums for continuation coverage
required by Federal law (COBRA)
premiums for insurance received while
receiving unemployment compensation
prenatal care
prescription medicines
psychiatrist
psychoanalyst
psychologist
psychotherapy
radium therapy
registered nurse
special school costs for the handicapped
spinal fluid test
splints
sterilization
surgeon
telephone or TV equipment to assist the
hearing impaired
therapy equipment
transportation expenses (relative to
health care)
ultra-violet ray treatment
vaccines
vasectomy
vitamins (if prescribed)
wheelchair
x-rays

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Maximize Your HSA We Make It Easy!

Learn how to take advantage of the money-saving benefits of a Health Savings Account. HSA for America is the nation’s number one source for individual and family HSA-qualified health insurance plans. Health Savings Accounts can enable you to:

Maximize Your HSA
We Make It Easy!