This post is brought to you by HSACenter.com. All thoughts and content are my own.
With the deadline to get healthcare extended there are still many people out there shopping for affordable healthcare, something we find out while shopping for affordable healthcare is that is still isn't all that affordable especially if you have a family. We need to make sure we're well read and educated and need to pick a plan that is best for us and our situation.
A place we should all look at is HSACenter.com . What HSA Center is a Health Saving Account or HSA. What is that exactly? It's a tax favored saving account for the purpose of paying medical expenses.
HSA works with insurance that has high deductibles and from what we've seen (my husband just got done shopping for insurance through the government's site) is that the bulk of plans have extremely high and scary deductibles. The best thing about the HSA is that your money is tax deductible, tax free, able to be deferred and the money is yours to keep. It doesn't disappear at the end of the year it continues to grow tax deferred. The only things you need to qualify for an HSA are that you're covered by a high deductible health insurance plan; not covered under other heath insurance; not enrolled in Medicare and you can't be any other persons dependent.
There are a lot more things that I could get into but it's best that you visit the HSA Center website it will explain it all there. But from a basic standpoint this is a great idea. A savings plan for high deductibles that will help you not only cover those deductibles but also help you lower your yearly taxes! Depending on how much you invest in the HSA for example you make $50,000 a year and you invest $3,000 into the HSA well you're only on the hook for paying taxes on $47,000. Again visit HSA Center for more information, but if you're like the millions of people out there with insurance that has crazy high deductibles an HSA might just be what you're looking for. Be sure to visit HSACenter.com for more information.
Are you in need of information about saving on your healthcare insurance? Do you think HSA could help you?
Disclosure: The reviews and or opinions on this blog are my own opinions . I was not required to write a positive review. Your experience may differ. The opinions I have expressed are my own I am disclosing this in accordance with the Federal Trade Commissions 16 CFR Part 255: Guides Concerning the Use of Endorsement and Testimonials in Advertising .