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August 01, 2011
Enrollment In Health Savings Accounts Is Still On The Rise
According to the America’s Health Insurance Plan (AHIP), enrollment in a high-deductible health plan coupled with a Health Savings Account (HSA) increased by 14 percent this year. The biggest increase came from the large-group businesses, which rose by 26 percent from January 2010 to 2011.
If you’re a business owner, you should investigate how a health savings account can save you money even if you are self employed. If you have employees, an HSA Plan can mean big annual savings on the cost of health insurance benefits.
Your employees will need to start their own HSA, but we can recommend financial institutions that offer health savings accounts. HSA contributions are tax deductible. The maximum contribution allowed depends on whether you set up a family or individual plan.
Investing in HSA plans can cut the cost of health care coverage, reduce taxes and give tax-free earnings. That's why an HSA can benefit both employees and business owners. We've explained all the details here on our website, and have HSA experts ready to answer your questions. Just call to arrange for a free consultation at no charge.
Posted by Wiley Long at August 1, 2011 07:59 AM