The Consumer's Guide to Health Savings Accounts

The Consumer's Guide to Health Savings Accounts

Author: JoAnn Mills Laing

Publisher: ibooks

Published: 2019-03-27

Total Pages: 267

ISBN-13: 1883283469

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“Let’s get the consumer in the game. The idea behind HSAs is a ‘supercharged IRA’ for health care...No other program is as tax advantaged.” –John W. Snow, Treasury Secretary “...HSAs can drastically lower an employer’s costs of providing employee health benefits. This may allow more small businesses to offer such benefits.” –Fed Brock, The New York Times “These accounts give workers the security of insurance against major illness, the opportunity to save tax-free for routine health expenses, and the freedom of knowing you can take your account with you whenever you change jobs.” –President George W. Bush “Laing’s new book (The Small Business Guide to HSAs) lives up to its name...an excellent explanation of how HSAs work...” –Greg Scandlen, The New York Post The Consumer’s Guide to HSAs answers the question “What’s in it for Me?” But responsibility doesn’t stop there. You must read your medical reports, check statements, and count your pills carefully. Ask questions. Keep records for future use, and soon you will realize as much of the benefits of consumer-driven health care and HSAs as possible.


A Guide to Health Savings Accounts, and a Plea for Practicality

A Guide to Health Savings Accounts, and a Plea for Practicality

Author: Todd F. Maynes

Publisher:

Published: 2004

Total Pages: 0

ISBN-13:

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In this article, the authors describe certain interpretive issues raised by the newly enacted HSA rules, and make suggestions as to how these issues can be resolved by the IRS in a manner that supports the legislative goals underlying these new rules and helps ensure that HSAs will be successful. Their principal suggestion is that the IRS must interpret the HSA rules in a way that is consistent with common practice (and common sense) for health care plans. While the HSA rules clearly do require high-deductible health plans, the HSA rules do not require that insurers and employers change the core mechanics of their health plans in ways that will make HSAs unattractive to most people. If the IRS goes beyond merely requiring an increase in deductibles and requires other changes to the way health plans operate, the authors submit that HSAs will not be broadly accepted by consumers in the marketplace and financial institutions are unlikely to even offer HSA accounts.


The Pocket Idiot's Guide to Health Savings Accounts

The Pocket Idiot's Guide to Health Savings Accounts

Author: Edie Milligan Driskill

Publisher: Alpha Books

Published: 2006

Total Pages: 276

ISBN-13: 9781592574964

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Simplifying and understanding health care in America. In 2004, Congress created Health Savings Accounts (HSAs) with the intention of putting the brakes on runaway health care costs. The concept was simple: Get people to start thinking about health care expenses the same way they think about other goods and services they buy. But what started as simple idea has proven to be difficult for many to understand and implement. This book simplifies HSAs and their corresponding HDHPs for business owners and managers alike. • Covers how HSAs and HDHPs work, the pros and cons of them, how to install them, strategies for getting the most out of them, and how paychecks and taxes are affected • U.S. health care costs were nearly $1.7 trillion in 2003. • According to a national survey, 81% of large and 78% of small companies are considering implementing HSAs by 2006


2017 Health Savings Account

2017 Health Savings Account

Author: Bob Jennings

Publisher: Createspace Independent Publishing Platform

Published: 2017-08-07

Total Pages: 24

ISBN-13: 9781979370585

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It is estimated that over 60% of all Americans have a connection to a health savings account. What are the rules? What are the benefits? What can I use the account to pay? What is prohibited? What are the tax issues? This incredible book provides those answers and many more. If you want to get the most out of your account, while avoiding the traps this is your guide. Written by America's "expert to the experts" author Bob Jennings, the Health Savings Account guide act as your road map through the traffic circles of HSA confusion.