HEALTH, LIFE, and DENTAL INSURANCE

Call 703-539-6166

anthem

carefirst2

Get your Free Quote from HumanaOne

Kaiser Permanente

Health Savings Account

What is an HSA?

An HSA is a high-deductible "HSA qualified" insurance policy combined with an IRA-type savings account.  Contributions up to the annual maximum ($3,450 individual / $6,900 family in 2018 plus $1,000 catch up contributions for age 55+), interest earned on the account balance, and withdrawals for qualified medical expenses are all tax free.  Health Savings Accounts will change the way millions meet their health care needs because they are designed to help individuals save for qualified medical and retiree health expenses on a tax-advantaged basis.


What is an HRA?

An HRA consists of funds set aside by an employer in any amount to reimburse employees for qualified medical expenses and premiums.  An HRA is commonly linked to a high deductible health plan that allows the employee to better control their medical spending.   Employers qualify for preferential tax treatment of funds placed in an HRA.  Unused funds may or may not be rolled over to the next year and are not portable if an employee terminates employment. 

Individuals & Employers

Join the many who know that "consumer driven health care" is becoming the standard for placing you and your employees in control of your healthcare dollars. Annual health insurance renewal increases can be leveled off by offering an HRA plan to your employees and increasing participation in qualified HSA medical plans.

We specialize in finding the most affordable insurance plan for you with the type of coverage you require.

Need to learn more about HSA's? Click on this link...

U.S. Department of Treasury

   

HealthCare News

Kaiser Family Foundation