Health Savings Accounts

from Balcos Insurance

A Health Savings Account is a great health insurance solution for people who:

  • Are wealthy and can afford to risk a hit to their bank account
  • Do not need consistent prescriptions
  • Are generally healthy

Health Savings Accounts are tax-advantaged medical savings accounts. The money that goes into this account goes is non-taxable, which means that money you withdraw later to pay doctors bills is paid with is tax-free.

There are high deductibles on Health Savings Accounts, often $1,000 or more, but with many Health Savings Accounts, the company will pay 100% of costs after the deductible is met.

If you have a Family Health Savings Account, there is typically a separate deductible - be sure to talk to a health insurance agent about this.

To find out if a Health Savings Account is right for you, contact us today to find out more.

 

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Seattle Health insurance

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