The increasing cost medical care is of great concern to many people. The cost is so high that many healthy are choosing to have no coverage at all. This proves costly to the state of Colorado and to its medical providers because the non-insured is treated for emergencies regardless of coverage.There is state run programs [...]
Posts Tagged ‘Deductible Health Insurance’
Health Insurance 101 for Individuals and Families
March 30th, 2010
admin The changing healthcare and health insurance landscape in the United States has resulted in more individuals and families purchasing health insurance coverage on their own. Rather than touch on the number of reasons why this is the case, I would like to provide individuals and families finding themselves in this position with ten basic ideas [...]
The Health Savings Account
March 23rd, 2010
admin What is a Health Savings Account (HSA)? An HSA is a tax-advantaged savings account, like an IRA, tied to a high deductible health insurance plan. The health savings account may be used to pay for deductibles, coinsurance and other qualified healthcare expenses (Section 213(d) of the Internal Revenue Code), on a tax-free basis. Unlike other [...]
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