Could a Self-Funded Plan Be Your Best Option?

It’s common knowledge that offering health insurance benefits helps attract and retain great employees, yet businesses are looking for ways to cut costs as benefits get more expensive. Have you ever considered a self-funded insurance plan? In a self-funded plan, a business can provide health benefits directly to employees. Instead of the insurance companies, the […]

Health Savings Account Enrollment Reaches Ten Million

New study show a large increase of Health Savings Account plans. These type of major medical plans are becoming popular because they create a reduction in premium. Consumers are starting to look at health insurance for major medical events and then small claims fall on to them. When the consumer now pays the first $2,500 […]

HSA Contribution Limits For 2009

Eligible individuals with self-only coverage under a high-deductible health plan (HDHP) may contribute an annual maximum of $3,050 to their Health Savings Account (HSA) for 2010. Eligible individuals with family coverage (coverage for two or more individuals) under an HDHP may contribute up to $6,150 to their HSA. Individuals age 55 or older who are […]

Survey Finds Health Savings Account (HSA) Owners Satisfied

General Findings: More than 80 percent of respondents cite their ability to save for future health care expenses as the primary reason for opening and depositing money into their HSAs. 70 percent of HSA participants make $75,000 a year or less in income. 82 percent of HSA owners are satisfied with their accounts. 78 percent […]