health saving accounts are they best for you
Download
Skip this Video
Download Presentation
Health Saving Accounts Are They Best for You

Loading in 2 Seconds...

play fullscreen
1 / 7

Health Saving Accounts Are They Best for You - PowerPoint PPT Presentation


  • 95 Views
  • Uploaded on

Find the Health Savings Account Plan that is Best for You. For more information on Ohio health insurance plans, please call toll free: 877-549-1212 or visit: http://www.onesourcebenefits.com/

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Health Saving Accounts Are They Best for You' - onesourcebenefits


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
health saving accounts are they best for you
Health Saving Accounts: Are They Best for You

Presentation By

One Source Benefits

1-877-549-1212

www.onesourcebenefits.com

hsa benefits exceed expectations
HSA Benefits Exceed Expectations
  • Unlike similar accounts, health savings accounts do not penalize you for estimating over or under the annual amount needed for medical coverage. Whatever money is not used will be left in the account for when you do need it.
  • HSA’s are accounts owned by the individual not his or her company. That means it is all your money and your employer cannot keep it should you leave your job.
  • All money that is used for medical expenses is tax-free money. What you contribute to the expense is actually the real payment amount.

www.onesourcebenefits.com1-877-549-1212

which would you rather have
Which would you rather have?

Health savings account

IRA or 401K

  • HSA’s only have taxes taken out when the money is not used towards a medical need.
  • Earn tax-free interest and investment income every year.
  • Once you reach 65 can use account like an IRA or 401(k) and still not pay tax on medical fees.
  • 401k’s and IRA’s are tax-deferred accounts, meaning you do not pay taxes until the money is withdrawn.
  • Earn tax-free interest and investment income every year.
  • No tax-free medical spending.

www.onesourcebenefits.com1-877-549-1212

having an hsa could be better than getting a raise
Having an HSA could be better than getting a raise!!!
  • Why you ask? The amount your boss gives you when deposit the money into a health savings account is tax-free. So the amount given is the amount received because neither of you have to pay taxes on that money.
  • Cash that is allocated to an account such as an HS A will probably be more appreciated since it will better spent and less likely to be used on something you do not really need. Overall, health savings accounts can lead to more prudent spending.

www.onesourcebenefits.com1-877-549-1212

hsa s may be a better option than traditional ppo s
HSA’s May be a Better Option than Traditional PPO’s
  • For those who have more expensive medical needs, health savings accounts are very likely a more cost-effective option than Preferred Provider Organizations (PPO). PPO’s are predictable because you know the copayment amount, and the out of pocket maximum. However, the copay and the deductible to not contribute to the OOP max. Consequently many doctor visits will continue to accumulate and therefore costs will be higher .
  • As for HSA’s, the amount paid at the time of the visit is more, but you will later receive the insurance company discount. The biggest difference though is that the amount paid at the doctor’s visit is applied to the deductible as well as the OOP max, thus saving you money in the long-run.

www.onesourcebenefits.com1-877-549-1212

the clock is ticking
The Clock is Ticking!!!

With so many changes in healthcare on the horizon, it is better to begin looking into HSA’s sooner rather than later. Before long the costs of premiums will be going up as more and more individuals begin to buy into these accounts. Don’t wait until 2014 to discover what could be your best option. Talk to an experienced Ohio broker today and find what’s best for you!

www.onesourcebenefits.com1-877-549-1212

thank you please call 1 877 549 1212 or visit our website at www onesourcebenefits com
Thank You!

Please call:

1-877-549-1212

Or visit our website at:

www.onesourcebenefits.com

ad