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Top 10 Reasons to Buy a High Deductible Health Plan and Open a Health Savings Account
in Utah (and other states)
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Significantly lower your health insurance premium by buying a high deductible health plan, instead of a high benefit health plan.
Save money pre-tax in your HSA to pay for qualified medical expenses.
You don't have to determine how much you are going to contribute to your HSA at the beginning of each year, like you do with a cafeteria plan.
The money in your HSA rolls over from year to year, letting the balance grow each year. It's not a "use it or lose it" account, like a cafeteria plan.
Pay for dental, vision, and non-prescription medications pre-tax, out of your HSA.
Once retired, if there is a balance in your health savings account, you can use the money to fund your retirement on a tax-deferred basis.
Many HSA's cover 100% of your medical expenses after you pay the deductible, leaving you with a clear knowledge of your maximum out-of-pocket expenses in a given year.
The account is yours. It's portable. It's in your control, not your employer's.
Earnings in the account are tax free.
Use a debit card associated with your HSA to easily keep track of medical expenses.
Top 10 Reasons Article
in .pdf format
Utah High Deductible Health Plans & Health Savings Accounts
for Utah Individuals, Families, and Businesses
- Over 8 years in business
- The #1 Utah health savings account resource online
- We specialize in high deductible health plans to be used with HSA's
(801) 679-0405
(801) 679-0405
