California HSA Insurance - High Deductible Health Insurance Plans and HSA's

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Home Individual & Family Get a quote Types of Plans Child only Plans Finding affordable rates Self employed? Buyers Guide Applications Health Savings Accounts High Deductible Health Plans Health Savings Accounts 101 Medicare Medicare Supplement Insurance Making sense of Medicare Parts Buyers Guide Applications Dental Dental Glossary Get a quote Applications Life Insurance How much do you need? Get a quote Applications Travel Medical International Medical Group Multinational Underwriters Health Insurance Companies Aetna Anthem Blue Cross Blue Shield Celtic Health Net Nationwide Health Plans PacifiCare Why Buy from Us? Value of having an Agent Contact Us	Find a California HSA compatible Health Insurance Plan Here Individual and Family California Health Savings Accounts High Deductible Health Insurance Plans Get a health insurance quote instantly - No waiting for someone to get back to you. You're in control. Just enter your contact information and ZIP code and you're ready to go. View the rates of many of the best selling California health insurance plans in your area. California Health Savings Accounts / HSA What is a Health Savings Account (“HSA”)? A Health Savings Account is a special account an individual can set up at a bank to help pay for their health care expenses on a tax-free basis. You must first be covered by a High Deductible Health Plan (HDHP) before you can open a Health Savings Account. Since a High Deductible Health Plan has a lower monthly premium, the money that you save on the monthly health insurance premium can be put into the Health Savings Account. One of the best parts of an HSA is that you own and you control the money in the account. Decisions on how to spend the money are made by you, not a health insurance company or some other 3rd party decision maker. The one restriction is that you must spend the money on medically necessary expenses. You also have the freedom to decide what types of investments you want to put the money in. What Is a “High Deductible Health Plan” (HDHP)? A High Deductible Health Plan (also known as Catastrophic Health Insurance) is an inexpensive health insurance plan that doesn’t pay for any health care services until the deductible is met. You can use the money you deposited into your HSA (Health Saving Account) to pay for doctor visits, prescriptions, lab work and x-rays and other medically necessary services. Generally, a High Deductible Health Plan covers you in full after the deductible is met. For 2008, in order to qualify to open an HSA, your HDHP minimum deductible must be at least $1,100 (self-only coverage) or $2,200 (family coverage). The annual out-of-pocket (including deductibles and co-pays) for 2008 cannot exceed $5,600 (self-only coverage) or $11,200 (family coverage). Some California health insurance carriers do have first dollar coverage for preventive care. Also, some carriers apply higher out-of-pocket limits for non-network services. How can I get a Health Savings Account? People who own a High Deductible Health Plan (must be HSA approved or designated as an HSA plan) can sign up for HSAs with credit unions, banks, insurance companies and other approved companies. How much does an HSA cost? An HSA is a savings account into which you can deposit money on a tax-preferred basis. Some banks and institutions charge a monthly administration fee to keep the account open. Also you must first purchase an HSA qualified health insurance plan before you can open the savings account. How can I get a High Deductible Health Plan (HDHP)? Several California Health Insurance companies that offer HSA qualified and High Deductible Health Plans. At MattsInsurance4CA.com you can use our quoting tool to compare HSA qualified health plans from all the leading California health insurance companies. California Residents Can Apply for Health Insurance through MattsInsurance4C.com If you're a California resident, or if you're thinking about moving there, and you need to purchase health insurance, MattsInsurance4CA.com can help. Matt Lockard is an independent insurance agent who works with all of California’s leading health insurance carriers. We have over 12 years of experience in California insurance, and we've learned how to listen to customers like you. When you shop for insurance at MattsInsurance4CA.com, you get an easy to read side-by-side comparison of the leading California health plans to choose from. What’s more, you also have the convenience of signing up on the spot, or you can call us for an information and enrollment kit. After all, we want to make your time with us as easy and trouble free as possible.
Matt Lockard California License #0B51503

Health Insurance Companies

Find a California HSA compatible Health Insurance Plan Here

Individual and Family California Health Savings Accounts

High Deductible Health Insurance Plans

Get a health insurance quote instantly - No waiting for someone to get back to you. You're in control. Just enter your contact information and ZIP code and you're ready to go. View the rates of many of the best selling California health insurance plans in your area. Health Savings Account

California Health Savings Accounts / HSA

What is a Health Savings Account (“HSA”)?
A Health Savings Account is a special account an individual can set up at a bank to help pay for their health care expenses on a tax-free basis.

You must first be covered by a High Deductible Health Plan (HDHP) before you can open a Health Savings Account. Since a High Deductible Health Plan has a lower monthly premium, the money that you save on the monthly health insurance premium can be put into the Health Savings Account.

One of the best parts of an HSA is that you own and you control the money in the account. Decisions on how to spend the money are made by you, not a health insurance company or some other 3rd party decision maker. The one restriction is that you must spend the money on medically necessary expenses. You also have the freedom to decide what types of investments you want to put the money in.

What Is a “High Deductible Health Plan” (HDHP)?
A High Deductible Health Plan (also known as Catastrophic Health Insurance) is an inexpensive health insurance plan that doesn’t pay for any health care services until the deductible is met. You can use the money you deposited into your HSA (Health Saving Account) to pay for doctor visits, prescriptions, lab work and x-rays and other medically necessary services. Generally, a High Deductible Health Plan covers you in full after the deductible is met.

For 2008, in order to qualify to open an HSA, your HDHP minimum deductible must be at least $1,100 (self-only coverage) or $2,200 (family coverage). The annual out-of-pocket (including deductibles and co-pays) for 2008 cannot exceed $5,600 (self-only coverage) or $11,200 (family coverage). Some California health insurance carriers do have first dollar coverage for preventive care. Also, some carriers apply higher out-of-pocket limits for non-network services.

How can I get a Health Savings Account?
People who own a High Deductible Health Plan (must be HSA approved or designated as an HSA plan) can sign up for HSAs with credit unions, banks, insurance companies and other approved companies.
How much does an HSA cost?
An HSA is a savings account into which you can deposit money on a tax-preferred basis. Some banks and institutions charge a monthly administration fee to keep the account open. Also you must first purchase an HSA qualified health insurance plan before you can open the savings account.

How can I get a High Deductible Health Plan (HDHP)?
Several California Health Insurance companies that offer HSA qualified and High Deductible Health Plans. At MattsInsurance4CA.com you can use our quoting tool to compare HSA qualified health plans from all the leading California health insurance companies.

California Residents Can Apply for Health Insurance through MattsInsurance4C.com
If you're a California resident, or if you're thinking about moving there, and you need to purchase health insurance, MattsInsurance4CA.com can help. Matt Lockard is an independent insurance agent who works with all of California’s leading health insurance carriers. We have over 12 years of experience in California insurance, and we've learned how to listen to customers like you.

When you shop for insurance at MattsInsurance4CA.com, you get an easy to read side-by-side comparison of the leading California health plans to choose from. What’s more, you also have the convenience of signing up on the spot, or you can call us for an information and enrollment kit. After all, we want to make your time with us as easy and trouble free as possible.

Matt Lockard California License #0B51503