Health savings account plans save premiums and cut taxes. Discover how HSA plans work and open one for yourself with our easy 2-step process.

The Health Savings Account plan concept in a nutshell.
The HSA plan concept is simple. Carry a low cost, high deductible health plan ("HDHP") instead of a high priced co-pay plan. Deposit premiums saved (and any additional funds, up to maximum annual limits) into a special tax-sheltered health savings account that is similar to an IRA. These deposits are tax-deductible "above the line," resulting in instant tax-savings and making all dollars deposited into the health savings account tax-free. Funds can be withdrawn on a tax-free basis at your option to pay routine medical bills. Larger medical expenses are generally covered in full once your HDHP deductible is met. What you don't use from the account each year stays in the account and continues to grow on a tax-favored basis to supplement your retirement.

Why we emphasize the PLAN in the health savings account plan.
On our site, we emphasize that an HSA plan consists of 2 things: 1) a properly-qualified high deductible health insurance policy (the HDHP), which is underwritten and issued by the insurance company of your choice, plus 2) the actual health savings account, which is established at the financial institution of your choice. This 2-part concept is illustrated by the diagram below:

The reason we emphasize the 2-part plan concept is that the law requires that a properly qualified HDHP first be in place in order to be eligible for the actual health savings account. In other words, you cannot simply run down to your bank and open a health savings account; you must first be insured under a properly qualified high deductible health insurance policy (HDHP). This 2-step process is illustrated below:

Establishing a health savings account plan is an easy, 2-step process:

1. FIRST, become insured under an HDHP (get fast, accurate quotes from our independent agency, representing all major A-rated insurers)
2. THEN, open and begin funding the actual health savings account (we help our insured clients establish their account at major financial institutions)

About our agency & how we can help you.
Simply stated, our firm specializes in helping individuals establish their own health savings account plans. Our state-of-the-art quoting engines provide up-to-date quotes from the major, highly-rated insurers offering HDHP plans in your state. More than just providing "quotes" though, we provide value-added personalized service to help you select the plan that best suits your needs. We also provide personalized assistance to help you through the application and enrollment process. Additionally, we help our insured clients establish their health savings account at one of several highly respected banks we proudly recommend.

How to Get Started.
Just click the orange GO button at the top of the right hand column to get your quotes. (Our apologies, but if your state is not in the pull-down list, we do not provide service in your state.) The reason it is important to get quotes for your high deductible policy is because if your premium savings are not large enough, an HSA plan may not make sense for you. Rest assured, no other agency provides more quotes, lower rates, or better service! There is no charge for our service; all we ask in return is the opportunity to be named your agent of record on your new high deductible medical insurance policy.

Working Example - How an HSA plan saved BIG bucks for a family:
Here is an actual example from our case files that illustrates the money-saving power of a health savings account. Ted and Alice are in their early 40's with 2 children, living in the greater Atlanta area. When their prior medical plan jumped to $750/month, they called us.

After analyzing their situation, we recommended a high deductible health plan (HDHP) from a major, national insurer that saved them over $4,600 a year in premiums. In addition, by funding their health savings account, they realized an additional, $1,600 in tax savings - something virtually impossible to do with any other medical care plan. All together, this family's annual savings exceeds $6,000 with their new health savings account plan!

Now, when one of the kids needs to see a Doctor or get a prescription, Ted and Alice can simply tap their health savings account with an easy access Visa debit card to pay the discounted bill with discounted dollars. The bills are discounted because of network physician and pharmacy discounts, and the dollars are discounted by Uncle Sam (they're "tax-free" dollars).

We have prepared a graphic of this typical family's experience in an effort to help you more quickly understand the HSA concept at work. Here is the link if you would like to see the graphic illustration of this family's savings: health savings account family example (new browser opens).

Important Point. High deductible plans make sense because when you pay more to buy a lower deductible, you are essentially "betting" that you are going to need the lower deductible. Please see the White Paper Report entitled "Why high deductibles make more sense" (links on right). Another excellent Report is the one entitled: How much does a $20 co-pay really cost? These Reports illustrate the rationale and logic behind purchasing a low cost, high deductible health insurance policy, regardless of whether you opt to utilize the HSA itself.

Service you can trust from our agency
If you believe, as we do, that experience matters, then we hope you will consider utilizing our services. Our insurance agency has specialized in high deductible plans for individuals and the self-employed since 1980. We've marketed HSA plans and their predecessor, the MSA plans, since they were first approved in 1999. Nobody knows the market better, and certainly no other agency will take a more personalized interest in your business.

Our simple, streamlined process takes only a few seconds to get quotes on high deductible options from all major insurers. Then, you can schedule a personalized consultation via phone so that we can help you select the plan that best suits your needs. Or, if you prefer, you can "click and apply" online for the plan of your choice.

I am very impressed with your service. Other agents didn't seem to understand the HSA, but you helped us from start to finish and saved us over $5,000 a year in the process. You truly are the HSA king. Thanks so much!   J.S. Austin, TX

Already insured with a high deductible plan and just want the HSA?
Chances are, your existing high deductible policy may not be properly qualified to work with an HSA account--most are not. Read our Bonus White Paper Report to find out: Is Your High Deductible Plan Properly Qualified for an HSA? If you have specific questions about the eligibility of your current policy, feel free to call our office (see "contact" link).

Thanks for visiting!
We look forward to helping you establish your new health savings account plan.