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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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Deposit money into your health savings account and it becomes a tax-deduction.
Significantly lower your health insurance premium by purchasing a qualified high deductible health plan, instead of a plan with low deductibles and rich benefits you may not use often.
It’s not necessary to pre-determine the amount you are going to contribute to your HSA at the beginning of each year.
The balance in your health savings account rolls over from year to year, letting the balance grow. It's not a "use it or lose it" account, like a 125 cafeteria plan.
Pay for dental expenses, vision expenses, and prescriptions with pre-tax money from your health savings account.
Many HSA-eligible health plans cover 100% of your medical expenses after you meet the deductible, leaving you with a clear understanding of your potential medical risk each year.
The account is portable. You own it.
Earnings in the account accumulate tax-free.
Use a debit card to pay for and keep track of your medical expenses during the year.
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.
Top 10 Reasons Article
in .pdf format
(801) 679-0405
(801) 679-0405
Utah High Deductible Health Plans & Health Savings Accounts
for Utah individuals, families, and businesses
- Over ten years in business
- The #1 Utah health savings account resource online
- We specialize in qualified high deductible health plans to be used with HSA's
