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FC Member Blog

California Health Insurance

BY Ray Carlson | 04-28-2010 | 12:57 PM
This blog is written by a member of our blogging community and expresses that member's views alone.
California health Insurance

One of the California health plans that we are attached to at Vitality is the HSA-compatible high deductible health plan! The HSA-compatible health plan serves three great functions that health insurance consumers should be aware of:

  • These higher deductible plans typically feature money-saving lower premiums.
  • HSA-plans are tax friendly! The money you contribute each year to your HSA is tax deductible (Even if you don't itemize!) and your savings accumulate in a tax free account.
  • HSA savings plan empower the California health insurance consumer: You save (At a qualified HSA trustee) where you want, you pay for the qualified medical expenses you want to out of your HSA funds or pay out-of-pocket as you wish, there's no 'use it or lose it' feature to the HSA funds you are saving. Your HSA, your decisions! We think that is very empowering to consumers who feel like they have little or no say in their health insurance strategies!

More information on the advantages of HSA plans is readily available at the California health insurance blog operated by Vitality Health Insurance Services!