Tuesday, October 31, 2006

Health Savings Accounts: Taxes and index updates coming soon.

Health Savings Account indexes are soon to come out, and so are the new 2007 tax changes. We may also see some more changes in 2006 as well. November is when I expect the index updates for 2006 and I expect the additional changes for 2006 would come in December some time. I would expect from research that we will see some significant changes to the laws that effect HSA's and these will be very positive indeed.

Tip of the day: Always let your doctor know that you have a Health Savings Account. You will see that the prices are negotiable, sometime up to 50% of the normal billed cost.

It was said by a very wise man, that the time taken to negotiate will be the most money you will ever make...for the time spent. Do it.