Wednesday, March 21, 2007

Health Savings Accounts: High Deductible Insurance Policies saves money?

Health Savings Accounts and High Deductible Insurance Policies go hand in hand with Health Savings Accounts. You can’t have one without the other. When evaluating if a Health Savings Account or High Deductible Insurance Policy may be the right insurance plan for you, you need to keep in mind that in order to qualify for a Health Savings Account you must first be enrolled in a High Deductible Insurance Policy. As popularity for this type of coverage grows a vast majority of employers are offering High Deductible Insurance Policies and Health Savings Accounts to their employees. These plans are also available in the individual health insurance market.

Many ask my how does paying more save me money. Here is a great article to give some insight to that question.

http://www.healthsavingsaccountsinc.com/articles/highdeductibleinsurancepoliciesprovidebiggersavings.htm