Fort
Collins, CO (PRWEB) July 15, 2008 -- Now more than ever, Americans need a
solution to their health care dilemmas. There are about 40 million people
uninsured in the States and those who do have insurance are paying for coverage
that is too expensive for the little benefits they receive. HSA
for America has a new video that details how Health
Savings Accounts can help benefit you and your family's healthcare needs.
"To
add on to these problems, rates continue to rise - including for those that
have limitations and exclusions on their plans. Unless the deductibles
are met, no benefits are given," explains Wiley Long, President of HSA
for America.
Health
Savings Accounts offer a solution to the health care crisis in America.
Those who are insured with an HSA plan get more affordable insurance, generous
tax breaks, and they also benefit from health insurance protection against
major medical bills.
Many
also sign up for HSA
plans because the money in the HSA
can be used to pay for alternative medicine. Traditional health insurance
plans typically restrict coverage for chiropractic, acupuncture, even dental
and vision care, but with an HSA,
the insured can have it all. "Many people flock to Health Savings Accounts
because of their flexibility and the control they receive over their health
care", added Long.
HSA
holders are able to withdraw and deposit tax-free dollars into and from the
account for any medical expenses they'd wish to pay for. Most will save
40-50% with the HSA-qualified
health insurance plan compared to a conventional copay plan.
The
money accumulated rolls over each year and when the time for retirement comes,
the account acts like an IRA, allowing you to use the tax-free money.
If the account is kept after retirement, the money keeps rolling over.
In a personal account, up to $2900 annually can be saved and $5800 annually
can be accumulated with a family account. Individuals between 55 and
64 can save even more.
All
medical/alternative treatments (besides cosmetic surgeries), medications and
supplements are covered.
In
depth answers are available on the HSA for
America video and web site, at http://www.health--Savings--accounts.com.
The video and web site go into detail about the benefits of having an HSA
and how to easily set one up.
HSA
for America is one of the leading providers of health savings
accounts, health reimbursement accounts, and related information for employees
and small business owners across America. HSA accounts are an effective
way of saving money on healthcare costs and taxes and have an investment module
at the very same time.
