Health
Savings Account (HSA) Plans - The
most innovative approach to health coverage in years
An HSA Plan consists of two
components – a federally qualified, high deductible health
insurance plan and a tax-sheltered Health Savings Account (HSA).
It’s the ideal way to get protection from massive medical bills
that accompany a serious accident or illness – and pay routine
health care expenses – all at a reasonable price.
Time Insurance offers two qualified
HSA plans:
One Deductible HSA
This HSA-qualified plan offers
broad, high-quality protection with the convenience of one
deductible covering everyone on the plan and the ability to
build tax-free HSA funds.
SaveRight
HSASM
The most affordable qualified high
deductible plan, SaveRight’s low premiums fit even the tightest
budget. And the premium savings can be used to fund a tax-sheltered
HSA.
Health
Savings Accounts (HSAs)
It's a smart, easy way for your
clients to build tax-advantaged funds to pay for health care
expenses. HSAs are tax-sheltered accounts with interest-earning
funds earmarked for medical expenses.
- Deposits are 100% tax-deductible
and can be easily withdrawn to pay routine medical bills with
tax-free dollars
- Larger medical expenses are
covered by our affordable high deductible health plan
- Unused funds stay in the account
and continue to earn interest on a tax-favored basis
